Many people love candy, but the problem is that most candy is packed with sugar. This makes it unhealthy, especially for people who are trying to avoid sugar for health reasons. Eating sugary treats can lead to weight gain, tooth decay, and even health problems like diabetes. It’s hard to find candy that is both delicious and healthy. That’s why Beverly Vines-Haines and Charlotte Clary created Ice Chips.
Ice Chips is a sugar-free candy that still tastes amazing. It is made with xylitol, a natural sweetener that doesn’t harm teeth or spike blood sugar levels. The candy comes in 17 fun flavors, like root beer float, lemon, and licorice.
In Shark Tank Season 4, these two grandmas pitched their product, hoping to make their dream even bigger. They asked for $250,000 in exchange for 15% equity in their company. Did the entrepreneurs get a deal on Shark Tank? Check out our Ice Chips update to find out!
Ice Chips Net Worth Shark Tank Update 2025
Charlotte Clary and Beverly Vines-Haines went on Shark Tank asking for $250,000 for 15% of their company. This meant they thought their business was worth $1,666,667. They made a deal with Mark Cuban and Barbara Corcoran for $250,000 for 40%, lowering the valuation to $625,000. The episode was aired on November 9, 2012. The company remains active and continues to sell natural xylitol-based candies nationwide. Using the default 10% yearly growth method, the current net worth of Ice Chips Candy is estimated to be around $6–7 million in 2025.
The company has done very well after appearing on Shark Tank. Even though their deal with Barbara Corcoran and Mark Cuban never closed, the exposure from the show gave them a massive boost. They earned over $300,000 in extra sales shortly after the episode aired.
With this extra income, the founders were able to buy better machines to increase production speed. This helped them make more candy and fulfill more orders. As of today, Ice Chips is still in business and thriving. Their estimated annual revenue is $5 million. Customers can buy Ice Chips directly from their website or on Amazon. The candy remains popular for people looking for a tasty sugar-free option.
Yes, Ice Chips got a deal on Shark Tank. Beverly and Charlotte accepted an offer from Barbara Corcoran and Mark Cuban. The sharks offered $250,000 for 40% equity in the company. This was a higher percentage than the grandmothers originally wanted to give up, but they felt that the partnership with Barbara and Mark would help them grow their business.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Barbara Corcoran | 1# $125,000 for 33% equity 2# $125,000 for 20% equity | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Kevin O’Leary and Daymond | $250,000 for 35% equity | N/A | No |
| Daymond John | 1# $250,000 for 30% equity 2# $250,000 for 25% equity | N/A | No |
| Mark Cuban and Barbara | $250,000 for 40% equity | N/A | Yes |
Ice Chips Shark Tank pitch
Beverly Vines-Haines and Charlotte Clary are best friends who call themselves the “Grannies.” They have been close for years and decided to start a business together. The idea for Ice Chips came when they noticed how many people were looking for sugar-free candies. Most sugar-free options on the market were not tasty or natural.
They wanted to create a better option, something that was good for teeth and still tasted delicious. They experimented with xylitol, a natural sweetener that is safe for teeth and even helps prevent cavities. Starting the business was not easy, though. They faced challenges with production, packaging, and marketing. Still, their determination and belief in their product kept them going.
During their pitch, Beverly and Charlotte introduced themselves as the grandmothers behind Ice Chips. They explained how their candy is made with xylitol, which is a healthier alternative to sugar. They highlighted that xylitol helps fight cavities and doesn’t raise blood sugar levels.
The candy comes in 17 different flavors, and they even brought samples for the sharks to try. The sharks loved the taste, with Barbara and Robert calling it delicious. The grandmas shared their sales numbers, which impressed the sharks. In 2011, they made $360,000, and in 2012, they were on track to double that. They asked for $250,000 for 15% equity in their company. Keep reading our Ice Chips update to see what happens next!
The sharks asked a lot of questions about Ice Chips. Each shark had their own concerns:
Barbara Corcoran: She wanted to know if xylitol had any side effects. Beverly and Charlotte admitted that eating too much could cause stomach issues.
Kevin O’Leary: Kevin asked why they believed their company was worth $1.67 million. The grandmas explained their strong sales numbers and growth potential.
Daymond John: Daymond wanted details about production costs and profit margins. The grandmas explained that their margins were high because they made Ice Chips themselves.
The sharks were impressed with their answers, but some had concerns about scaling production.
Each shark had a different reaction to Ice Chips:
Barbara Corcoran loved the candy and wanted to make an offer. She teamed up with Mark Cuban to offer $250,000 for 40% equity.
Mark Cuban joined Barbara because he saw potential in the business. He liked the product and thought the grandmas had done a great job building the brand.
Kevin O’Leary also wanted to partner with Barbara, but she refused to work with him.
Daymond John offered $250,000 for 30%, then lowered it to 25%, but the grandmas still preferred Barbara and Mark.
Robert Herjavec decided not to make an offer. He thought the other deals were good enough.
In the end, Beverly and Charlotte accepted Barbara and Mark’s deal.
Product Availability
From our Ice Chips update research, we found that Ice Chips is widely available. The candy is sold on the Ice Chips website and on Amazon. It is also available in some stores. The candy comes in a variety of flavors, including lemon, cinnamon, and root beer float.
Ice Chips are packaged in small tins, making them easy to carry around. They are popular with people who want a sugar-free treat that tastes great. Prices vary depending on where you buy them, but they are generally affordable.
Conclusion
Ice Chips had an exciting journey on Shark Tank. While their deal with Barbara and Mark didn’t work out, the exposure from the show helped them grow their business. They were able to invest in better equipment and reach more customers.
As of today, Ice Chips is thriving, with an estimated annual revenue of $5 million. The grandma’s dream of creating a delicious, healthy candy has come true. It’s clear that their hard work and determination have paid off. We can’t wait to see what’s next for Ice Chips in the future!
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
