The “world’s first avocado bar” is now backed by Shark Tank bigwigs Barbara Corcoran and Mark Cuban. Avocaderia, the Brooklyn avocado mecca, is a hit in New York, and according to the New York Post, Avocaderia owner Alessandro Biggi hopes to expand the millennial-favorite, fruit-based shop to 20 locations in New York, San Diego, and Miami — but he needed the help of the “sharks.”
On February 11, Biggi appeared on the popular TV show offering investors 10 percent equity in his company for $300,000. He served them a dish from his specialty shop: Mediterranean avocado toast topped with feta cheese and both sun-dried and cherry tomatoes. It certainly sweetened the deal, as he received offers from two sharks.
Investors Barbara Corcoran and Mark Cuban offered a joint investment of $300,000 for 25 percent of the business, but that offer was negotiated until $400,000 for a 20 percent stake was settled on. Corcoran and Cuban’s investment in the avocado-only bar concept — helmed by Biggi and two other Italian men and featuring dishes based on organic avocados sourced from Michoacán in Mexico — means that there will be more delicious avocado toast from NYC to LA for baby boomers to grouse over and for millennials to happily Instagram and enjoy.
Avoccaderia shared their happiness with Instagram saying, "@sharktankabc
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