Featured Shark Tank Post
Blondie's Cookies on Shark Tank Show
Brenda "Blondie" Coffman - Season 3 - Episode 308 - 4/13/12
Re-Run Season 4 - 12/20/12
Blondie has 12 stores in Indiana and Florida and did $2.3 million in total sales just last year alone. The problem is the expansion in Florida currently losing a great deal of money. She has $800k in outstanding bank loans and desperately needs the Sharks help to bring Blondie's Cookies to the next level of Success.
As nice as Blondie may of been, offering the Sharks 3% of anything is usually not enough to even spark their interest. Compound that with the valuation being far North of realistic for a company with that much debt didn't help either and the Sharks slowly started to swim away without so much as a nibble. Besides, even a $200k investment in the company would only put a small dent in the outstanding debt.
Blondie's Cookies Update
It's been 8 months since Brenda Coffman made her famous appearance on the Shark Tank Show. Online sales have dramatically increased as she continues to gain even more recognition for the 25 varieties of cookies and brownies her company creates. Blondie's Cookies still has 12 retail locations in Indiana and Florida with plans to open more stores slowly into other neighboring states. It looks like she is applying what she learned from the Sharks as she continues to strengthen the Blondie's Cookies Brand.
Check Out Blondie's Cookies Website Here
Find Brenda "Blondie" Coffman on FaceBook
Follow Blondies Cookies On Twitter