Topsail Steamer: Shark Tank USA S16, a Portable Seafood pots Startup

Appeared on Shark Tank Season 16, Topsail Steamer, is a Topsail Island, North Carolina, USA-based startup that sells Portable Seafood Steam pots. Topsail Steamer appeared in Shark Tank USA Season 16 Episode 02. The pitch was presented by founder Danielle Mahon. They were there to seek $1 Million in exchange for 10% equity.

What does Topsail Steamer do?

Topsail Steamer offers a unique dining experience with their signature bay buckets, packed with a delicious mix of fresh seafood, ouille sausage, red bliss potatoes and their special homemade seasoning. Designed for take-home enjoyment, Topsail Steamer makes cooking easy for those who find it daunting. All you need to do is purchase a bucket, add two cups of water or beer and steam it wherever you like—whether it’s at the beach, a tailgate, or a campground. With simple instructions, you can have a tasty feast ready in just 40 minutes using a burner or stovetop. The company provides seven signature pots in two sizes and customers can even customize their buckets. They offer both shipping and in-store options for their products.

Conclusion

The founders of Topsail Steamer impressed the Sharks with the delicious taste of their food on Shark Tank USA, Season 16 Episode 02. Shark Todd Graves expressed concerns about the franchising plans of the founder and suggested that she should offer higher salaries to employees to boost motivation. He offered $350,000 for 20% equity. Shark Lori joined in and proposed a partnership with Todd for 10% each. After some negotiation, Danielle agreed to $350,000 for 18% equity and the deal was successfully closed.