Banana Loca from Shark Tank

Banana Loca shark tank

Some flavors just blend perfectly, such as bananas and chocolate spreads. It’s like a match made in heaven. Spreading chocolate spreads over bananas is a tedious and messy task. But no worries, Banana Loca is here to rescue you from the hassle.

Banana Loca is a kitchen tool that allows you to fill up the insides of a banana with a spread of your choice. All you need to do is cut off the banana from its end while it is still unpeeled. Then with the help of the suction tool in Banana Loca, you can suck the core out to fill the banana up.

This is an exciting tool in the kitchen, as it allows you to have fun with the bananas and amp up their taste without any unnecessary mess. The children in your house would love the sweet surprise when they bite into the chocolate-filled bananas.

The possibilities of what you can fill the bananas with are too many, from Nutella spread and peanut butter to honey, custard, or a frosting. Bananas are excellent fruit full of nutrients. Banana Loca helps you encourage your little ones to eat fruits.

This tool is the invention of entrepreneurs and friends Renee Heath and Bechara Jaoudeh, who loved the combination of bananas and chocolate spread but could never avoid the mess until they created a tool to eliminate it.

Are They An Active Business?

Banana Loca is still in business as of 2022. Its products are primarily sold through its official website, Amazon, and even Alibaba.

How Did Their Shark Tank Pitch Go?

Renee and Bechara had a compelling pitch when they participated in the Shark Tank season 13. They got a yellow buddy along with them to the Tank. They sought $250,000 in exchange for 25% of their company. They told the Sharks their motivation behind the product and even demonstrated how it works for them. The Sharks also got to try the product they liked so much that Mark Cuban described the process as “oddly satisfying.” Robert thought the idea was “genius.”

The Sharks were also impressed by the company’s sales through organic marketing.

O’Leary made an offer of £250,000 without taking any percentage of equity. But he wanted $3 for every unit sold. Daymond, although he liked the product, he still believed that the product was a one or two-time use, and that’s why he was out.

Lori did not think Banana Loca was a business for her, so she went out. Robert also offered them a royalty deal of $250,000 and $3 royalty until he received $350,000 and a 10% equity of the business.

Finally, O’Leary and Mark made a combined offer of $250,000 for 25% but with a $3 royalty until they recouped their payment. At first, Renee and Bechara countered their offer with a $2 royalty, which was immediately refused. The partners accepted the proposed deal with Mark and O’Leary.

Since Shark Tank, although the company is still up and running, there has been no clear sign that the deal between the Sharks and the entrepreneurs was closed.

Our Review of Banana Loca

In our opinion, Banana Loca is a unique product that offers a convenient way of filling bananas with different spreads. Children particularly have a sweet taste, and everything chocolatey is right up their alley. So Banana Loca would be of great use for households with children.

Because Banana Loca makes the process so simple, your children can also take part in the fun activity of filling up bananas. But Banana Loco is not limited to only bananas. For a savory touch, you can also fill up cucumbers with dips, like hummus.

Although some may think Banana Loca is a novelty product,  many people have found the product helps. They did consider cleaning up or even putting the parts together a task, but once they had their chocolate-filled banana, it was easy to overlook any trouble.

Pros of Banana Loca

Banana Loca is a fun product that has some convincing pros. Here are a few of them.

  • The Banana Loca is an easy-to-use
  • The website has free shipping across America.
  • The website also provides fun and easy recipes you can make with the Banana Loca.
  • Banana Loca can be used to fill hot dogs, cucumbers, jalapeno poppers, and zucchini.
  • If you’re unsatisfied, you can return the product.
  • Banana Loca is also available for international shipping at a cost.

Cons of Banana Loca

Although people love the product, Banana Loca does have a few cons to be considered.

  • The product is simple, but it is way too overpriced.
  • It isn’t easy to clean the tool once you have used it.

Who Is Banana Loca For?

If you’re someone who has a liking for chocolate-filled bananas or any other filling,  Banana Loca is the product for you. It is a product that adults and children can use for a nice sweet or savory treat that makes no mess.

Are There Any Alternatives?

Our research has shown that there are no particular or known alternatives to Banana Loca because of its uniqueness. However, people can opt for piping bags that serve the same purpose to be perceived as an alternative.

Our Concluding Thoughts

In our opinion, we think the product is exciting and helpful. Banana Loca can serve as a fun Sunday activity with children or friends, where each person can fill their bananas with a choice of sauce. And fortunately for the entrepreneurs, three of the Sharks also saw the vision and potential of the product enough to want to invest in it.

The product owners have stayed true to their idea of creating something that people will find both fun and add to their sweet experience. Although we know that the product may be a one-time purchase, there is always going to be someone who would want to invest in Banana Loca.