Sharks Astounded by Crisp Creative Salads' $7m Business Valuation | Shark Tank AUS
Ойын-сауық
Shey Newitt & Ted Tolfree are pitching for an investment of $700,000 in return for a 10% equity stake in their business Crisp - freshly made salads that are completely tailored to your liking, but how hard is it to enter this market space?
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
Company Website: crisp.com.au
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
#SharkTank #Health #Lifesavings
Пікірлер: 552
Naomi: I've worn this same red dress for three months straight and for that reason only I am out
@kedarkulkarni0074
3 жыл бұрын
😂 dude you nailed it!
@coopers3820
3 жыл бұрын
They all wear the same clothes
@yolandashaw2940
3 жыл бұрын
😂😂😂😂😭😭😭😭
@nevillecreativitymentor
3 жыл бұрын
@@coopers3820 REALLY ? .. the red is RED !!! VERY NOTICEABLE ... LOL Cheers ... happy holidays
@coopers3820
3 жыл бұрын
@@nevillecreativitymentor huh
Naomi and Barbara should start a business called "Out n Out"
@paradox5434
3 жыл бұрын
It should just be in n out because they always say I love this and this but I am out
@arafchowdhury4771
3 жыл бұрын
@@paradox5434 why they don’t just say “ this is a good idea but I’m broke so I’m out”
@arafchowdhury4771
3 жыл бұрын
They are just there for the samples
@brennyhughes7251
3 жыл бұрын
@@arafchowdhury4771 🤣🤣
@brennyhughes7251
3 жыл бұрын
@@arafchowdhury4771 that would be me 😮😂😹
They still have their 3 stores. They didn't grow, but they survived. Good for them honestly. Very well presented, level headed people.
@neilmenon8943
2 жыл бұрын
Did they survive COVID
@nyne2514
2 жыл бұрын
@@neilmenon8943 yup
@bash547
2 жыл бұрын
Looks like they only got 2 locations now. One is “closed-closed.”
@sonia94ist
2 жыл бұрын
@@bash547 hm, well covid hit hard I suppose.
@krrangarajan5391
2 жыл бұрын
@@bash547 2 locations is not bad, But the net growth over so much time is 0.
Shall we do a fundraiser for the red lady so she can say "I'm in" oneday?
@theapostlepaul7101
3 жыл бұрын
I would love to. "Unfortunately, there is so much chance that you won't be unique to yourself. For that reason, and only that reason, I'm out."
@studentuser101
3 жыл бұрын
Might as well replace her with someone who’s there to invest
@cdnhawk65
3 жыл бұрын
Looks like she's so poor that she only has one dress.
@yolandashaw2940
3 жыл бұрын
@@cdnhawk65 😂😂😂😂😂
@commanderkeen3787
3 жыл бұрын
She doesn't have the money, and neither do the rest except for Andrew (British guy) who is worth 300 million and the other guy (who isn't in this episode) who is worth 700 million
The most disturbing part is that Naomi always smirks when she says she's out!!!
@herogebrial
3 жыл бұрын
She knows she's a joke 😂
@myamya9063
2 жыл бұрын
@@justlikehoney1859 having money literally means nothing. Grow up
@drankto
2 жыл бұрын
@@justlikehoney1859 your insecurities are showing
Taking an 18k salary. Good man. Shows great character and believes in the company.
@joeblack2534
3 жыл бұрын
and he only did that for tax reasons
@AFF_NYC
3 жыл бұрын
@@joeblack2534 aye if that’s your real name then your parents gave you a shitty ass name
@just.be.a.mermaid5147
3 жыл бұрын
It’s AFF Dude your comment is unnecessary.No need to be negative.
@WizzWins
3 жыл бұрын
It’s for tax purposes... don’t be fooled.
@joeblack2534
3 жыл бұрын
@@AFF_NYC your name isn't the great either
It's a salad bar. The fact this was apparently new in Aussieland boggles my mind.
@jcao4901
3 жыл бұрын
it's a highish end salad bar, which is getting super popular in the states too like sweetgreen. the concept isn't new but it's taking advantage of new consumer trends.
@davinawijaya3626
3 жыл бұрын
But isnt there sumosalad in australia well i kno for sydney atleast
@indigo_died6910
3 жыл бұрын
@@davinawijaya3626 Sumosalad used to be popular in Australia but think it's almost dead these days. Only 3 left in WA
@justlikehoney1859
2 жыл бұрын
You don’t make the salads yourself it’s not a salad bar
@ThePrimeMinisterOfTheBlock
2 жыл бұрын
Australia, you Yankee doodle mother lover
We need a shark tank world edition with, Steve, Peter Jones, Mr.Wonderful, Mark and ..... Jenny
@jacksonberry1138
3 жыл бұрын
Dragons den
@88icecube88
3 жыл бұрын
One or two people from each show Shark Tank and Dragons Den
@stanikzai1419
3 жыл бұрын
@@jacksonberry1138 Dragon Den is So boring i fall asleep watching it Shark tank there is Drama there is fun!
@jakespicer2775
3 жыл бұрын
@@stanikzai1419 lmao shark tank is ridiculous 😂 the den is all about business, no ones got time for drama here in the UK 😂
@ch3ma862
3 жыл бұрын
Arturo form shark tank Mexico
They were pretty smart to expand into breakfast porridge, meat bowls and smoothies. Offering only salads would have lead into a long drawn out death of a business.
@Benpg93
3 жыл бұрын
Eh it depends. I worked at a very successful chain salad restaurant that only sold salad and salad/rice bowls. If it's in the right location it can work. The location I worked was in an area with lots of office buildings and we had long lines every lunchtime. I understand the benefits but I worry it could harm the main business. Focus on doing salads better than anyone else.
@justlikehoney1859
2 жыл бұрын
Simply untrue but ok
@jamnakunj4507
2 жыл бұрын
@@Benpg93 may i know the name of the location?
@MiisterAnderson
Жыл бұрын
Why so?
Naomi: "I had to walk to work today, and for that reason only, I'm out"
he should of ended his presentation with "So which one of you sharks wanna toss my salad?"
@maxjenkins6862
3 жыл бұрын
😂😂... and can’t believe she actually said “what’s keeping them from tossing their salads”
@jhzbeats7332
3 жыл бұрын
Rebel Rob imagine flirting in a youtube comment section
@TheOo0oO
3 жыл бұрын
@@rebelrob9637 It's 2020 so go outside and look for it, weirdo.
@DIEgestthis
3 жыл бұрын
@@rebelrob9637 hahahahaha cacacacacaca-RINGE. Stereotypical incel. My favorite was when he snapped and wrote an essay in reply to you calling him a weirdo, in which he is: an absolute weirdo.
@Wentworth.official
3 жыл бұрын
bahahhah
Without even watching the full video, heres Janine... "I'll take 99% of your business for this packet of Caesar dressing"
@justlikehoney1859
2 жыл бұрын
You should watch the full video next time
@tommydenato8863
2 жыл бұрын
@@justlikehoney1859 cry more
Smart, articulate, and well composed individuals. Love it
You know they are out when they start praising
I don't think the lady in red dress has any money at all. She never makes any investment why
@hecticcoder1468
3 жыл бұрын
and for that reason she is out
@LadyDragonsblood
3 жыл бұрын
Which is why she has money.
@adi_carvalho2620
3 жыл бұрын
She is a bloody billionaire
@fahimahmedshyan5117
3 жыл бұрын
@@adi_carvalho2620 her net worth is 50 million $.
@alejandrozuniga4426
3 жыл бұрын
She has but mostly she goes out first lol
These guys are so cooperative and don’t have attitude , its the best personality i watched on shark tank unlike too much prideful owners . too bad the sharks didn’t invest. Wish you luck crisp!
Well. Even if you don’t make a deal im sure the being on the show helps get your name and brand out there and can improve business.
Who's watching this in 2020 and asking what happened to these valuations due to Covid19
@Ale-hu8yo
3 жыл бұрын
And nobody is answering
@cakewalk4602
2 жыл бұрын
@@Ale-hu8yo cause nobody cares :/
They keep Naomi on this show just have some to say im out 🤣
Some of them waste so much of their time getting them excited then say no. It's irritating
Such an incredibly competent couple, the type of people that will be successful at whatever they do - best of luck 👏
What a great duo. So much in love with how they are supporting each other. Very professional
I've seen a lot of these shark tank episodes, but I really wanted them to get a deal..they deserved something
_”Im out”_ Naomi constantly channels Barbara 😂
Who else knew this was going to end with no deal?
@Wentworth.official
3 жыл бұрын
It's not scalable
@sigma_z
3 жыл бұрын
SPOILER!
@Adam-fu9wn
3 жыл бұрын
Spoiler!!!!
@hussainnassre994
3 жыл бұрын
I didn't know... but now thanks to you i know
@RedneckMudder88
3 жыл бұрын
Don't read comments before watching
The sharks are so weasly, I can't imagine wanting to be in business with them. This team dodged a bullet! So happy they didn't get suckered.
@brennyhughes7251
3 жыл бұрын
Yeah but publicity is also free amazing advertising don’t forget 😉
@Jomskylark
2 жыл бұрын
Meh. They were all kind and respectful. They had a lower evaluation but they are also taking a risk by giving up their money so it has to be worth it for them
@mutatednut
2 жыл бұрын
Shark tank AUS sucks
I know your looking for an investment.for that reason and just that reason alone , im out. - redshark
@mohamedsajjad2837
3 жыл бұрын
Hahah
@Nile-
3 жыл бұрын
😂😂😂
@binarysignals9593
3 жыл бұрын
Jenny
@mimiraye8677
3 жыл бұрын
😂😂😂😂
7:10 "Guy isn't all of a sudden going to toss his salads" - LMAO!!
When Naomi starts speaking, I just hit the fast-forward button until I see the inevitable final two words.
They always bring up the monopoly . Oh everyone can copy you. Then you're going to fail. Really? So one McDonald's sells hamburgers and fries? Only Zale's sells diamonds? There's only one pro football team?
@Benpg93
3 жыл бұрын
Right. Just do it best and you will thrive.
7:05 “It’s sustainable because the guy next door just isn’t going to toss your salad”… nice
Oh, come on Naomi. That was not the ONLY reason you were out.
@mohamedsajjad2837
3 жыл бұрын
She is broke perhaps
@donblazar2883
3 жыл бұрын
They askin too much money she can’t afford 😂
@HBSup
3 жыл бұрын
@@donblazar2883 look at these internet experts. She has enough money to buy and sell your broke ass a million times.
Went to a place like this years back called Salad Works. Exact same concept of either order a salad or make your own.
Can anyone please explain to me how the sharks got their valuation of 1.75/1.8/1.65m. Genuinely curious on the math and business/accounting side of them getting those figures.
@sandeepgolechha6854
3 жыл бұрын
15% of $2m = $350k × 5 = $ 1.75m
@LearnersNation
2 жыл бұрын
Why multiple of 5?
These 2 had an absolute result... THEY ARE KILLING IT!! Why on earth give away 42% of your business when you're flying up the curve as it is??! I'm glad for their sakes that Janine said no 👍
@ModaFuCling
3 жыл бұрын
Did Covid take them out of business?
@josiahmcclanahan
3 жыл бұрын
@@ModaFuCling They seem to still be going strong despite COVID, and are even up to 4 stores currently!
@chefgav1
3 жыл бұрын
15% GP is terrible
@novemberrain2184
3 жыл бұрын
Greed
@TaelurAlexis
Жыл бұрын
Her offers are always outrage tbh lol
$700,000 for 10% is crazy on ANY level
@johnwick7175
2 жыл бұрын
So you would decline a 10% stake in Tesla, Apple or Amazon for 700.000$? Interesting.
Lol the best answer given by a shark 'Steve' abt how he will bring Value to the business is that I don't know anything but I just know how to eat the food😂
Naomi didn't want to invest because of possible copycats? That is weak excuse not to invest. In every business, people are going to copy so the original creator has to create a strong brand.
@barrettorth8413
Жыл бұрын
Their branding was pretty generic though.
I was actually sitting here, hoping, that they don't take that deal, because it sounds like they are nice and intelligent people, who are doing great, and who don't really need these "sharks" in order to grow.
More entrepreneurs who just don't get it!! Their valuation is insane! I can not believe that in 2021(don't know when this episode previewed), that there are not 10's of 1000's of people trying to start what they think are "healthy" foods! IT IS NOT A NEW THING!! Many, many entrepreneurs have appeared on DRAGON'S DEN-UK/Can, and SHARK TANK USA, AUSTRALIA, etc. with the same ideas, and most do not last that long. I live in a large mid-west city, and have seen many salad shops come and go, and not there just are not ANY!! I miss them, but people just weren't going to them. I always thought it was odd how fast they disappeared! They just over-valued their business!
I love their logo with the knife slice through it. Very clever.
Steve face is priceless 1:07
18 MILLION net worth 2022. Should have done the deal Sharks!
the “as you should” was so funny to me 😂😭😭
Andrew knows they will be successful, yet he doesn't invest.
@kaskoosek
3 жыл бұрын
his reason makes sense. It is not scalable. So basically a debt stake is better than an equity stake in this case.
Hoping for the best for them - lovely family 👏
Is there any episode where John gives an offer? (other than the episode of two moms caring for disabled children?)
Steve reactions are really good.
They r so positive! Go team
In the aussie version they show you the whole vid but in the usa one just the ending
I so love the Aussie accent.
I hope this couple will be in the episode that ... The deals that sharks miss out...
Good for Ted and Shey..!!
Fast salads freshly made, I hope America gets something like this.
@lisam8044
7 ай бұрын
In Ontario Canada you can get a fresh salad anywhere.....
The sharks don't want to find business partners, they want to find marks they can rob.
Naomi comes up with excuses to not invest the way i come up with reasons to skip the gym
7:08 I assure you I’m not tossing my salads.
1:07 God, lovin that face Steve made LMAO 1:12 meanwhile Andrew be like "Yes, tell me more about the salads"
naomi was on qanda this week. i was the only one making out jokes in the chat
anyone else sick of hearing "to the next level"
@chrishung7582
3 жыл бұрын
?
@fyiaustralia9686
3 жыл бұрын
I can improve that. I want to take "to the next level" to the next level.
@infoaddict2738
3 жыл бұрын
And what would you stay instead to mean the same thing
They will see more business over the next few weeks thanks to this video
Why did they ask for such a high number that’s the problem
Wonderful people right there hope they do good
Really good business Idea, hopefully they keep that same mindset of fresh salads and don't end up becoming apart of the fast food category
Naomi: i have Barbara on speaker phone and she just wanted to tell you since I called her she's out... so I guess that means I'm out as well!
I really wanna see Steve on Shark Tank US
Clearly just wanted the exposure... good thinking though i looked them up
Pity, a good pitch, a good product and I wish them well. As long as they keep the slugs out of their salads they will go far.
They should control the growing process( vertical tower farming) and promote the nutritional benefits of the ingredients.
If they promise freshness, this must mean they are throwing away LOADS of perfectly fine greenery.
@uNiandstrize
3 жыл бұрын
How come? Might as well just be calculating resources correctly and accepting only quality produce.
I'm learning a lot about business here. Because of that "I'm in."
11:52 - Mike Wosowski
Naomi: There are people replying in the video Comments, and for that reason I’m out.
@ninjalokust
3 жыл бұрын
"You want some of my money, I am not really here to fund your business so I'm out"
It’s easy to copy cat and and no big barriers for entry. No good for the Sharks. But for those couple.. it’s a mind boggling cash flow. Especially if they start 10 stores
Love em
these guys are so much more polite compared to the US version, it's weird lol
I find the Australian sharks so much funnier and more entertaining to watch. They also seem more real, like they're actual people instead of actors.
@santhosh8290
2 жыл бұрын
It's boring as hell compared to dragons den
@dama301
2 жыл бұрын
@@santhosh8290 dragons den is overrated, grimy, little business insight and has two interesting sharks at best
Andrew is the only shark I’d take an investment from
They are still successful and worth millions so good on them, I am glad they didnt get a deal.
Free adverising for Crisp so they should be happy. Its a good concept and I hope they are running well now
There’s a successful salad only restaurant like this in the US called Snappy Salads. The industry is definitely sustainable.
@ysvidenko
3 жыл бұрын
We have this company here in the US. Portland OR.
@ysvidenko
3 жыл бұрын
We have this business here in the USA. In Portland OR. :))
@jaeshasway
3 жыл бұрын
@@ysvidenko Yes, That’s why I mentioned it as I’ve been many times. They’re all over the Dallas-Fort Worth Metroplex in TX. IDK how they’re doing post covid. I hope they hang in there. I love getting grilled salmon on top.
@MrZachgonz
3 жыл бұрын
This isn’t unique. In LA we have like a dozen different brands of places like this. There’s a place called “LA Colossal salads” that had been doing this since the 80s. I even worked at one in Santa Monica when I was a kid.
7:23 shut up red, we know the real reason is that you have no money left 😂
7:09 Is that a request, or an offer? LMAO
They’re now worth 18million.. wow!
Good for them. Didn't sell their equity cheap.
I never saw the Barbara of Australia invest.......
how did the sharks get their valuation of the company
Hey Red Lady get yourself some money from the bank and invest the money atleast for the Show purpose and again take away the money from them
@chriskananjian8415
3 жыл бұрын
Naga Chaitanya the show is fake. They do the deal on tv but when they come to signing they don’t do the deal
I love how they butter them up then shut them down.
One of the most important thing that you must added the reasonable value company. If i'm a shark, for that reason "I'm out"
Naomi: I’m outssssss
Jenny and Naomi should get together and have their own show called "I'm Out!" but they should invest their own money to make the show happen! Wonder what they'd say to that?
@trblemker00
3 жыл бұрын
And Barbara from US Shark tank
If there is going to be a contest between Naomi and Jenny . Still Jenny will win the I am out competition.
This is already a thing in the US it’s called saladworks
Andrew: “I like businesses where the barrier to entry are higher, I like things with a protective wall around them” So basically screw the little guys.
nice
Steve so cheeky lol , I think Steve made that bid cause he knew Jeanene would take it lmao.
is that TIE a TABLE CLOTH?
7:03 "How do I know.. the guy next door isn't all of a sudden going to toss his salads." Dunno, keep an eye on your local craigslist maybe?
Naomi making a deal is more rare than winning the lottery.