7/25/2023 0 Comments Hotshot coffee shopYou’ll have to track down this popular coffee at the locations where it’s sold. Unfortunately, you can no longer order HotShot for personal use. Dozens of locations sell the product, including Walt Disney World. You can find HotShot coffee at Malco Theatres in Tennessee, as well as in the NY Metropolitan area. Our HotShot update research revealed that annual revenue as of 2022 is about $2 million. Keep reading our HotShot update to find out where the company is today.ĭespite not getting a deal on Shark Tank, HotShot is thriving! Danny managed to shift the focus from “hot coffee at home” to a larger consumer market, with convenience stores, movie theatres, and traveling shows. She said that it wasn’t going to work and left as well. Lori Greiner was the last remaining shark. Mark Cuban said he’d put the product in his Landmark Theater chain but didn’t want to invest. Guest shark Chris Sacca had a competing company, so he went out also. Robert Herjavec said there were plenty of all-night coffee shops and the product was unnecessary. ![]() Kevin O’Leary was out immediately because of the lack of sales. However, he had plenty of interest from movie theaters. The company hadn’t launched yet, so he had no sales. He explained that he has spent $2 million to develop the technology over about 6 years. However, Danny’s sales numbers were less impressive. Without the insulated label, you wouldn’t be able to hold the cans. Danny passed out samples after explaining that the coffee was heated to 140 degrees. The sharks were amazed at how hot the coffee was. He also introduced the sharks to the heated “refrigerator”, which keeps the coffee hot. Fast forward to the tank, and he gave a very concise description of what HotShot was. Business : Hot coffee beverage in an aluminum canĭanny’s pitch began with a home segment, where he explained how he came across this idea and a little about his family background.Find out what happened when Danny brought his coffee product to Shark Tank Season 7 in our HotShot update. HotShot coffee is kept hot in a “HotBox”, perfectly heated and ready to go at any moment. The coffee is now on the market, and he said he perfected his business plan from what he learned during his pitch.Iced coffee is a huge hit, so why can’t we have hot coffee ready to go at a moment’s notice? Danny Grossfeld came upon this idea during a trip to Japan, where such products are very popular. Robert Herjavec says if he wants a coffee, would he buy that, or keep driving? And, we have a lot of coffee shops that Japan doesn't have.ĭanny did not get a deal in Shark Tank, but he did get a deal after the show from private investment.Mark Cuban tells her he needs to keep going. Lori Greiner said she is out, and she thinks that Danny needs to be out as well.Kevin O'Leary has a rule if you can't make money in thirty-six months, you take it out back and shoot it.He feels it is competitive so, he is out. Chris Sacca tells Danny that his wife Crystal is an investing partner, and she got him into a deal with Blue Bottle Coffee.Danny asks about getting the coffee in the arena at the Mav's. Mark says that he will try the coffee in Landmark Theaters. Mark Cuban doesn't like the business, but he likes Danny.Sharks: Mark Cuban, Chris Sacca, Kevin O'Leary, Lori Greiner, Robert Herjavecĭeal: What do the Shark Tank Investors say about HotShot Movie theaters are very interested.Ĭompanies in this episode: Rent Like a Champion, Hotshot, Windcatcher Technology, Stem Center, S.W.A.G. Stores are now willing to commit to doing a test. He put half a million dollars into the product with the other money coming from friends and family. The Shark Tank investors say they have to try the coffee, and they think it tastes good.ĭanny has been working on HotBox for six years to get this right, and two million dollars to get it to this point. His company called HotShot has a hotbox that keeps the cans of coffee hot twenty-four hours a day. ![]() Danny Grossfeld discovered a Ready-to-Drink Hot coffee, ready when you are.
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