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FreshMeals2U
DealAll-natural, nutrient-rich freshly prepared meal delivery
Season 3, Episode 1319-Sep-17Gold Coast, QLDFood and Beverage
Entrepreneur Details
Entrepreneurs
Rick & Tracy Coles
Gender
Couple
Average Age
Middle
Viewers
389000M viewers
Website
freshmeals2u.com.auThe Ask
A$150,000
for 10% equity
Implied valuation: A$1,500,000
The Deal
A$200,000
for 25% equity
Deal valuation: A$800,000
+33.3% vs ask amount
Equity changed by +15.0%
Shark Investments (2 sharks)
Investment
A$100,000
Equity
12.5%
Investment
A$100,000
Equity
12.5%
Additional Details
Pitch #
164
Season
20-Jun-17 – 19-Sep-17
Sharks in Deal
2
Royalty Deal
Yes
Deal Conditions
Yes
Mentorship
No
Multiple Entrepreneurs
Yes
