What is the latest update on Sanaía Applesauce after its appearance on Shark Tank Season 10? Sanaía Applesauce, the gourmet applesauce company featured on Shark Tank Season 10, secured a deal with Mark Cuban but it ultimately fell through. Despite this setback and the challenges posed by the COVID-19 pandemic, founder Keisha Jeremie relaunched the brand in 2022. Sanaía Applesauce continues to offer its unique island-inspired flavors and is available for purchase on the company website.
Summary
- Sanaía Applesauce is a gourmet applesauce company targeting adults.
- Founder Keisha Jeremie appeared on Shark Tank Season 10 seeking $150,000 for 15% equity.
- She secured a deal with Mark Cuban for $150,000 for 25% equity.
- The deal with Mark Cuban did not finalize.
- Sanaía Applesauce went out of business during the COVID-19 pandemic.
- Keisha Jeremie relaunched Sanaía Applesauce in 2022.
- The company continues to sell its products online.
Sanaía Applesauce Shark Tank Update | Shark Tank Season 10
Sanaía Applesauce is a gourmet applesauce company. It was created with adults in mind. Keisha Jeremie, the founder, wanted to make applesauce that was more sophisticated and flavorful.
She uses organic green apples and unique island-inspired flavors. Keisha appeared on Season 10 of Shark Tank to try and get an investment in her company. She hoped the Sharks would see the potential in her gourmet applesauce.
Sanaía Applesauce on Shark Tank
1. The Pitch
Keisha’s pitch focused on how Sanaía Applesauce is different from traditional applesauce.
She highlighted the unique flavors and the fact that it’s made with organic ingredients. She also emphasized that her product is for adults, not just children.
Here’s a table summarizing her pitch:
| Entrepreneurs | Keisha Jeremie |
|---|---|
| Business | Sanaía Applesauce – Gourmet, organic applesauce |
| Ask | $150,000 for 15% equity |
| Deal | $150,000 for 25% equity |
| Sharks | Mark Cuban |
| Season – Episode | Season 10, Episode 2 |
| Original Air Date | October 14, 2018 |
| Website | Sanaia Applesauce |
| Key Points of Pitch |
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| Why Sharks Accepted |
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2. The Sharks’ Questions
The Sharks were curious about several aspects of Sanaía Applesauce. They asked Keisha about:
- Her sales: Keisha had made $40,000 in sales before appearing on Shark Tank.
- Her costs: Each jar cost $1.03 to produce and retailed for $3.99.
- Her marketing strategy: She planned to sell 4-packs of different flavors on Amazon.
- Her competition: Keisha explained she wasn’t competing with brands like Mott’s, but aiming for a higher-end market.
3. The Offers
Mark Cuban was the only Shark who made an offer. He saw potential in Sanaía Applesauce and liked Keisha’s passion. Other Sharks were concerned about the high price point and competition in the food industry.
4. The Deal
Mark Cuban offered Keisha $150,000 for 25% equity in Sanaía Applesauce. Keisha accepted his offer, hoping to benefit from his expertise and guidance to grow her business.
Sanaía Applesauce Update After Shark Tank
1. The Fate of the Deal
While Keisha accepted Mark Cuban’s offer on Shark Tank, the deal unfortunately fell through after the show.
The exact reasons why it didn’t go through haven’t been publicly disclosed. This is a common occurrence with Shark Tank deals, as due diligence and negotiations often reveal unforeseen challenges.
2. The Impact of the Pandemic
Sanaía Applesauce, like many small businesses, was significantly impacted by the COVID-19 pandemic.
The pandemic disrupted supply chains, created production challenges, and changed consumer spending habits. These factors led to Sanaía Applesauce ceasing operations for a period.
3. The Relaunch
Despite the setbacks, Keisha showed resilience and determination. In April 2022, she announced the relaunch of Sanaía Applesauce.
The brand was back with its unique flavors and commitment to quality. Keisha continues to run the company, selling her gourmet applesauce online.
This demonstrates her passion for the product and her belief in its potential.
Where to Buy Sanaía Applesauce
You can purchase Sanaía Applesauce directly from their official website. They offer a variety of flavors and package options. You might also find their products at select retailers or online marketplaces in the future.
Sanaía Applesauce’s Journey and Future Prospects
Sanaía Applesauce has had a journey filled with both successes and challenges. Keisha’s appearance on Shark Tank gave the brand valuable exposure.
Even though the deal with Mark Cuban didn’t work out, it increased awareness of her unique product. The COVID-19 pandemic forced the business to temporarily close, but Keisha’s determination led to its relaunch.
The future of Sanaía Applesauce looks promising. The demand for healthy and convenient snacks continues to grow.
With its focus on quality ingredients and unique flavors, Sanaía Applesauce has the potential to carve out a strong position in the market. Keisha’s passion and dedication to her product will likely be key factors in the company’s continued success.
FAQs
Is Sanaía Applesauce still in business?
Yes, Sanaía Applesauce is still in business. Despite some challenges, the company was relaunched in 2022 and continues to sell its products.
Where can I buy Sanaía Applesauce?
You can buy Sanaía Applesauce on the company’s official website.
What makes Sanaía Applesauce different?
Sanaía Applesauce is made with organic green apples and comes in unique, island-inspired flavors. It’s marketed towards adults who want a more sophisticated applesauce option.
Did Sanaía Applesauce get a deal on Shark Tank?
Yes, Sanaía Applesauce initially got a deal with Mark Cuban on Shark Tank, but it ultimately fell through.
What flavors does Sanaía Applesauce come in?
Sanaía Applesauce offers a variety of unique flavors, including Island Medley, Mango Tango, and Pineapple Splash. You can find the full list on their website.
The Bottom Line
Sanaía Applesauce is a gourmet applesauce brand that has faced both successes and setbacks. Its journey highlights the challenges and rewards of entrepreneurship. Despite a failed Shark Tank deal and the impact of the pandemic, the founder’s dedication led to the company’s relaunch.
Sanaía Applesauce offers a unique product in a growing market. By focusing on quality and appealing to adult tastes, the brand has the potential to continue growing and find success.
