Frescos Naturales Sparkling Water Shark Tank Episode 13 Update & Net Worth

Frescos Naturales Sparkling Water Shark Tank Episode 13 Update & Net Worth

Juan Ignacio Stewart, the founder of Frescos Naturales, appeared on Shark Tank Season 14, Episode 13 to pitch his Latin American-inspired sparkling water beverages.

 A healthier alternative to traditional sugary sodas, Frescos Naturales offers a variety of refreshing fruit flavors inspired by Juan’s childhood in Guatemala.

Juan asked for $130,000 for 8% equity, and after a successful pitch, he secured a deal with Daniel Lubetzky for $130,000 for 25% equity. At the time of the pitch, the company had generated $182,000 in gross revenue during its first year, and sales were expected to reach $350,000 by the end of 2022.

Since the Shark Tank episode aired, Frescos Naturales has continued to expand its retail presence and is projected to hit new revenue milestones. As of 2024, the estimated net worth of the company is $520,000.

What is Frescos Naturales? How Does it Work?

Frescos Naturales is a line of Latin American-inspired sparkling water beverages that offers a healthier alternative to sugary sodas and artificially flavored drinks. Made with simple, natural ingredients like water, fruit, flowers, and minimal sugar, each can contains 60 calories and is low in sugar.

 The product offers an authentic taste of Latin American flavors, including Rosa de Jamaica, Tamarindo, Maracuyá (passion fruit), Piña (pineapple), Guayaba (guava), and Mango.

The drinks are sold in single cans or packs and have gained popularity in retail outlets due to their low calorie and natural ingredients. Each can costs about $0.88 to produce and is sold wholesale for $2.10, with a retail price of $4.99.

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Frescos Naturales Shark Tank Episode 13 Season 14: What Happened at Shark Tank Pitch?

In Shark Tank Season 14, Episode 13, Juan Ignacio Stewart entered the tank asking for $130,000 for 8% equity in Frescos Naturales. He presented his line of Latin American-inspired sparkling waters, explaining that his drinks were created as a healthier alternative to traditional sodas and sugary beverages, using natural ingredients.

Juan shared the exciting news that Kroger had already agreed to carry his drinks in select stores in Southern California and Colorado. The company had generated $182,000 in sales during its first year, and by mid-2022, Juan was on track to bring in $350,000 in sales by the end of the year.

Several sharks dropped out for various reasons:

• Daymond John liked the product but felt he wasn’t the right fit for the business.
• Kevin O’Leary complimented Juan on delivering the best beverage pitch he had ever seen but also decided not to invest, citing the competitive beverage market.
• Mark Cuban stated that he dislikes the beverage business in general and opted out.
• Lori Greiner acknowledged the tough competition in the beverage industry and chose not to invest.

Daniel Lubetzky, the guest shark, was the last one standing. He offered $130,000 for 25% equity, which Juan accepted after some negotiations.

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Frescos Naturales Shark Tank Pitch Summary

What Happened To Frescos Naturales After Shark Tank?

Following the Shark Tank appearance, Frescos Naturales gained significant exposure and expanded its retail distribution. The company continued to grow, particularly in Kroger stores and online through its website. In response to the demand generated by the show, Juan focused on increasing production while exploring new flavor options for his customers.

The company reached an all-time high in annual sales for 2022, and projections for 2023 suggested even higher growth. Frescos Naturales drinks are now available in 57 retail stores across the U.S., and the brand continues to gain traction as a healthier alternative to traditional beverages.

How Much Is Frescos Naturales Worth?

As of 2024, Frescos Naturales is estimated to have a net worth of $520,000. The company’s rapid growth since its launch in 2020, coupled with its increasing retail presence and the partnership with Daniel Lubetzky, has set the stage for continued expansion in the highly competitive beverage industry.

The brand’s focus on health-conscious consumers, using natural ingredients and low-calorie formulations, has helped Frescos Naturales carve out a niche in the beverage market. The company continues to work on reducing production costs while exploring new opportunities to expand its product line.

Is Frescos Naturales Still in Business?

Yes, Frescos Naturales is still in business as of April 2024. The company continues to grow, expanding its presence in major retailers like Kroger and Ralphs, while also selling online through its website and Amazon.

 Founder Juan Ignacio Stewart remains dedicated to his mission of bringing healthier, Latin American-inspired beverages to the market, and the company is exploring new flavors and product innovations.

With increasing sales, a strong partnership with Daniel Lubetzky, and a loyal customer base, Frescos Naturales is poised for continued success in the coming years.

Which Episode Number was Frescos Naturales Shark Tank?

Frescos Naturales appeared on Shark Tank Season 14, Episode 13, which aired on January 20, 2023. During the pitch, Juan Ignacio Stewart successfully secured a deal with Daniel Lubetzky for $130,000 in exchange for 25% equity in the company. The episode helped Frescos Naturales gain national exposure and increased retail opportunities.