✓ Got a deal Still in business Season 12, Ep. 6 🏠 Home & Lifestyle

Prime6 on Shark Tank

Prime6 makes hardwood-based grilling logs designed to burn cleanly and add smoky flavor to grilled food. They are aimed at backyard grillers who want an alternative to standard charcoal briquettes and lighter fluid.

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⏱ Prime6 in 30 seconds

The ask$200K for 10%Valued at $2M
In the tankDeal: $200K for 25%With Kevin
After the showNot confirmedNo public record either way
TodayStill in business

Prime6 Shark Tank deal

Asked for: $200,000 for 10%
Asking valuation: $2M
Result: Deal
Final deal: $200,000 for 25%
Deal valuation: $800K
Shark: Kevin O'Leary
Founders: Riki Franco and Oren Franco
From: -
Aired: Nov 20, 2020

Asked

$2M

Got

$800K

Would you have invested in Prime6?

The pitch

Riki Franco and Oren Franco pitched Prime6 in Shark Tank Season 12, Episode 6 (aired Nov 20, 2020). They asked for $200,000 in exchange for 10% equity, valuing the business at $2M. The entrepreneurs walked away with a deal from Kevin O'Leary: $200,000 for 25%. That put the final valuation at $800K, 60% below what they originally asked for.