What Is Cinnaholic?
Cinnaholic is a homemade cinnamon roll with delicious frostings and tasty toppings. They are dairy-free, egg-free, and 100 percent vegan.
Cinnaholic is a company that manufactures food deserts that are lactose, egg, and cholesterol free. They make yummy little buns with cinnamon.
It is a good snack for anyone, vegetarian or vegan. You can order them with a variety of toppings.
Everything in their bakery is made from scratch, which makes it very affordable. They produce very affordable cinnamon rolls. They charge less than similar snacks and claim they contain half the calories of traditional rolls.
They are growing very quickly in the United States and Canada. They opened various lineup stores in various areas of the country and abroad. They have opened several stores in various parts of the country and abroad.
The cinnamon roll is like a frozen yogurt place, where you can pick all the toppings you want.
|Founder||Florian Radke And Shannon Radke|
|Business||Dessert and cinnamon roll shop for vegans|
|Investment Seeking||$200,000 For 20% stake in Cinnaholic|
|Final Deal||$200,000 For 40% stake in Cinnaholic|
|Episode||Episode 28 Season 5|
|Business Status||In Business|
Who Is The Founder Of Cinnaholic?
Christina Radke and Florian Radke are the founders and owners of Cinnaholic, a bakery in Berkeley, California.
Cinnaholic Before Shark Tank
Shannon Radke and Florian Radke combined their talents and created a lovely idea: vegan cinnamon rolls free of dairy, lactose, and eggs.
The backgrounds of Florian and Shannon in branding and marketing made for an ideal partnership.
Cinnaholic was started by Florian and Shannon Radke, a husband and wife team.
It offers many mouthwatering desserts, such as almond-raspberry pie, banana cream pie, and strawberries drenched in cream.
Florian drew on his marketing skills, while Shannon relied on baking to create the world’s best cinnamon roll. Custom gourmet cinnamon rolls are the focus at Cinnaholic.
It all starts with freshly baked cinnamon rolls, but customers can customize their order by selecting 30 different frostings and 30 different toppings.
As a result, returning to Cinnaholic always results in a brand-new, never-before-tried treat.
How Was The Shark Tank Pitch Of Cinnaholic?
Florian and Shannon are looking for $200,000 in exchange for a 20% stake in their company.
Robert offered an investment of $200,000 for a 40% stake in Cinnaholic. The founders of Cinnaholic accepted the deal.
Final Deal: Robert Herjavec agreed to invest $200,000 for a 40% stake in Cinnaholic.
What Happened To Cinnaholic After Shark Tank?
The agreement with Robert was never signed and sealed. Cinnaholic partnered with Atlanta Franchise Group to focus on expanding their business.
Cinnaholic anticipates that business will continue to grow in the future. Cinnaholic has grown to have hundreds of locations throughout the United States.
They are especially strong along the South and East Coast. Cinnaholic relocated its headquarters from Berkeley, CA, to Atlanta, GA.
Cinnaholic has a website that offers a dizzying array of toppings, colors, and different sizes of cinnamon rolls.
Cinnaholic proudly states on its website, “We offer our customers delicious cinnamon rolls and small versions of our cakes, cookies, brownies, and raw cookie dough. We proudly serve local coffee at most locations and offer different customized catering options.”
Cinnaholic offers more than its standard menu items. They also offer party trays, cinnamon roll 4 packs, and gift cards. All Cinnaholics menu items are available for purchase online or at any of their franchise locations.
Cinnaholic is a sweet treat that endures the lengthy, heartbreaking journey of Shark Tank.
The annual revenue of Cinnaholic is around $20 million as of 2022.
Is Cinnaholic Still In Business?
Cinnaholic appears well on its way to becoming a full-fledged franchise three years after making its Shark Tank debut.
Cinnaholic has opened shops in Texas, Georgia, and Las Vegas, after starting in Berkeley, California.
The cinnamon rolls are no longer available online as of 2022, as the company focuses on expanding its physical stores.
Cinnaholic has franchise opportunities, which explains why they are expanding even after turning down Robert’s initial proposal after the shark tank episode aired.
What Is the Net Worth of Cinnaholic?
The valuation of Cinnaholic was $1 million when it appeared on Shark Tank. The net worth of Cinnaholic is $20 million as of 2022.