Shark Tank: Lori Greiner Takes a section of the Pie for desk 87 Frozen Coal Oven Pizza, Makes $250,000 Deal

Erica Abbott

October sixteen, 2015

table87.com

table87.com

desk 87 Frozen Coal Oven Pizza is the first into the tank. they offer fresh pizza to their consumers, like your favorite around-the-corner pizza store.

he’s searching for $ 200,000 for 10 % fairness. The pizza cooks in not up to two minutes and is made in the brick-and mortar store.

He flash freezes the recent pizza and sells them to grocery retailers for everybody to enjoy.

Barabara Corcoran brings up the first challenge of what precisely he is offering, which is simply the frozen pizza portion, now not the eating places.

Mark Cuban sees it as very convenient and sees the on-demand delivery as the “goldmine” of the company.

Robert Herjavec says it’s an extraordinarily brutal market and questions the power to get area for the pizza, so he goes out.

Corcoran sees lack of path and doesn’t like his concept to log on but nonetheless has concerns with what precisely she would personal. She expresses passion in making a suggestion but needs a bigger piece of the pie. She bargains $ 200,000 for 30 p.c.

O’Leary deals $ 200,000 for $ zero.25 royalty on each slice until $ 600,000 is paid again. however Lori Greiner puts a proposal up too. She offers $ 250,000 for 20 percent, an “provide he can’t refuse.” She likes his multitude of ideas and sees them as precious.

Cuban likes the speculation but does no longer like the store ideas. He likes his idea to log on, however is still as handiest a consumer and goes out.

After countering with Greiner, he decides to simply accept her deal.

last deal: Lori Greiner for $ 250,000 for 18.5 p.c equity.

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