Shark Tank US | Mark Makes P-Nuff Crunch An Amazing Offer!

next up is a scientist who's developed a healthier way to snack [Music] [Applause] hello sharks my name is dr juan salinas and i'm the founder and ceo of perfect life nutrition sharks have a phd in food science for 25 years i created snacks with some of the largest food companies in the united states prawn was all the stuff we made was healthy we only made stuff to taste good being that i'm also certified sports nutritionist i decided to make something better i want to introduce you to speed of crunch it's the first nutrition-based crunchy peanut puff snack it's not only delicious but it's also healthy and nutritious sharks but i care about that cause i'm not just a doctor i'm also a former competitive bodybuilder now i don't care what i put in my body especially you oh i like this pitch it's made from high quality plant-based protein healthy carbohydrate and fiber now these components are essential for long-lasting energy and satisfaction but they're also good for building muscle cut it out and stay in fit [Music] if kevin eats this is he gonna look like you if i make a deal with kevin i will have you look like this in three months sharks i'm seeking three hundred thousand dollars in exchange for ten percent equity on my company now who's ready to get fit [Music] wow okay so try them all right now before that i'm going to give you 300 000 for 10 percent [Laughter] oh my oh my okay let me calm down so uh you have three flavors there the original is the orange which is roasted peanut the other one's a roasted peanut cinnamon and then we have a roasted peanut and cocoa how much sugar is in this stuff three grams in the original which is very low what's the price for these at retail and what's it cost you to make so retail we sell between 329 and 3.99 which is in line with everything else on the healthy snack area okay because 170 170 contributor it cost me to make 75 cents hello okay 172.5 margins 75 cents all in all in okay you have 3 grams of fiber 5 grams of protein yes calories aren't bad 130 calories so that's all good this is what's so cool about this product right it's beyond the healthy snacking it goes into nutrition snacking so the protein is high quality complete protein which for a plant-based product is very difficult to get juan did you say you're a doctor nutritionist and a bodybuilder yes what's your story so um i came here when i was 16 years old i'm from honduras and i came really to realize the american dream i didn't know english i flew right into newark new jersey and i wanted to go back home i don't blame you my dad really instilled to us that education was the most important thing and that's what i did i went to rutgers university i got my degree there with honors then i got my master's in food science and a phd in food science wow i work for the largest food company in the united states then i worked for the second largest food company and then i became the go-to guide because i was combining chocolates with gels and puddings and bars cereals so you're a formulator i'm a formulator if you have a food company i know how to make your stuff to me this is almost like a dessert snack right but you're selling this next to potato chips where is this sitting and who are you distributing it to right yeah so on shelf actually sits next to the healthier options and we sell fruit distributors right now we're in 450 stores we're actually also overseas what do your sales amount to that's a wide distribution so last year we did a 104 000. let me tell you about a little bit i'm not that impressive in this not category but i started four and a half years ago with this brand now i own a manufacturing facility and there's a reason for that the peanuts is a great product but my coal manufacturers hate it they hate it because it contaminates everything else that they make in the same line right because of the the contamination of peanut oil correct they got to a point i was like i need to buy my own line because there isn't any company in the east coast that could make this product and we didn't get going until 2019 and therefore that's why the sales are there so because you got kicked out of facility after facility you decided to open yourself up i decided 250 000 for my brothers and i put in my own my own line so you put 250k into that 135 of my own so 375 total and what's your business been like year-to-date you said you're uh 65. so what you've done sixty-five thousand dollars halfway halfway through the year right clover 19 had a big effect on us it sounds like you're gonna do you're gonna be flat you can do another 100 110 000 this year 200 000 by the end of the year it's hard it's hard to get excited about valuing this business at 3 million even though you're a very credible you know entrepreneur in this space plant-based snacks right now are a 35 billion dollar business i get that growing up i don't have to tell you the snack business is primarily shelf placement and at eye level you see every mate all the guys you used to work it is brutal they control that space and they don't like giving up shelf space to anybody is there anybody else who is making a peanut plant-based puff we're the only manufacturing that can make this product that's one of the reasons why i'm here looking at you guys as strategic partners my strength is not in marketing on sales i don't know i think you did a fantastic job when you came out i don't know about right so i'm gonna tell you a quick story one day i come home and these things are in the pantry my wife had bought them so i do what i always do gluten-free 130 calories i ate the whole freaking bag i loved it my wife was so pissed wow because she couldn't find it anywhere else i wanted more so i'm gonna make you enough and it's either yes or no so i'll give you the 300k i want 25 percent i'm going to change your life you just got to let me know right because it's gonna be worth a whole lot more listen mark i know you know this is gonna be a hundred million dollar brand in five six years right but not just with you [Music] mark i would love to work with you i know you have other brands that are just in the same area i know i can even help you with these other brands trust me i know food i know food signs how about 15 no no it's just not worth it i got a load of money so it's got to be worth it for me to grow this into something special and it's going to take time because i'm going to be the one out there going on all the podcasts and doing the interviews and mentioning it that's the difference will you meet me a little bit more in the middle [Music] i'll tell you what i'll increase the cash to 400k for the 25 because it's got to be worth wow are you crazy i've been working with mark for over a decade now and i've never seen him more excited about a product what are you waiting for that is an amazing offer juan there's nothing to think about 20 mark come on do this wow wait for a second man 425. let's do it that's a great deal why i'm gonna invite you to my beach house to give you my best advice thank you guys thank you great job [Music] got him so my parents really sacrificed a lot for me to be here today they have given so much for me just to be here right now they sacrifice so much to send me to [Music] school you

Channel: Sony Pictures Television

Views: 4,370,314

Keywords: Shark Tank, Shark Tank US, Shark Tank USA, Shark Tank America, American Shark Tank, Shark Tank Pitches, Shark Tank bad pitches, Shark Tank Best Pitches, Shark Tank Covid, Shark Tank Season 12, Mark, Blake Mycoskie, Kevin, Lori, Daymond, mark shark tank, kevin shark tank, lori shark tank, daymond shark tank

Id: wp45o5i7zhE

Length: 9min 10sec (550 seconds)

Published: Mon Jul 12 2021