Whether or not those gas station Slim Jims are considered keto-friendly is beside the point if you have a nutritious, ready-made drinkable shake to consume. For business partners Billie Cavallaro and Holly Heath, they set out to try and convince the famous on-screen Sharks of the benefits of their health-based shake on Season 10, Episode 4 of “Shark Tank” in 2018 (per IMDb).
According to Shark Tank Recap, the entrepreneurs believed their company was worth $2.5 million and asked for $250,000 for 10% of their business. Before appearing on “Shark Tank,” Food Navigator USA says the business was able to dominate retail space in southern California and even struck a deal with Whole Foods Market before linking up with L.A. Libations.
Unfortunately for these two business owners, the Sharks weren’t too keen on the Cave Shake’s ties with a big beverage incubator company. While the duo told the investors their expected sales were supposed to reach almost $450,000 in the year 2017, NBA star Charles Barkley was the only investor willing to strike a deal. Forbes reports that after some back and forth with co-owner Holly Health, Barkley offered $250,000 in exchange for 20% of the business, and the company owners walked away happily with a deal.