Sub Zero Ice Cream Net Worth Shark Tank Update 2025

Many people love ice cream. But sometimes, the usual flavors can get boring. Also, waiting in long lines at ice cream shops can be tiring. 

Jerry and Naomi Hancock saw this problem. They wanted to make ice cream more fun and exciting. So, they created Sub Zero Ice Cream. They use liquid nitrogen to freeze ice cream right in front of customers. This way, people can choose their own flavors and watch their ice cream being made instantly. 

In Season 4 of Shark Tank, they showed their idea to the Sharks. They hoped to get help to grow their business. The entrepreneurs asked for $300,000 in exchange for 12% of their company. Did the entrepreneurs get a deal on Shark Tank? Check out our Sub Zero Ice Cream update to find out!

Sub Zero Ice Cream Net Worth Shark Tank Update 2025

Naomi and Jerry Hancock went on Shark Tank asking for $300,000 for 12% of their company. This meant they thought their business was worth $2,500,000. They did not make a deal with any Shark. The episode was aired on January 25, 2013. The nitrogen ice cream company continues to franchise and remains active nationwide. Using the viral/heavy traction method, the current net worth of Sub Zero Ice Cream is estimated to be around $10–12 million in 2025.

After appearing on Shark Tank, the company continued to grow. In 2014, they received a patent for their special ice cream freezing process. This means no one else can copy their unique method. By 2019, a big company named SC Johnson bought Sub-Zero Ice Cream. The exact amount they paid was not shared. 

As of today, there are 35 Sub Zero Ice Cream locations. The company is doing well and is worth about $15 million. They are still serving their unique ice cream to happy customers.

On Shark Tank, Jerry and Naomi asked for $300,000 in exchange for 12% of their company. This means they valued their company at $2.5 million. They showed the Sharks how they make ice cream using liquid nitrogen. The Sharks liked the ice cream but had concerns. They worried about safety and the company’s value. In the end, none of the Sharks made a deal with Jerry and Naomi. So, they left the show without an investment.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Lori Griener	Out	N/A	N/A
Robert Herjavec	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Sub Zero Ice Cream Shark Tank pitch

Jerry and Naomi Hancock wanted to make ice cream more fun. They thought using liquid nitrogen would be exciting. This method lets customers choose their own flavors. Then, the ice cream is frozen instantly in front of them.

They believed this would make the ice cream experience better. They faced challenges in the beginning. It was hard to perfect the freezing process. They also had to teach employees how to use liquid nitrogen safely. But they kept working hard to make their idea successful.

Jerry and Naomi went on Shark Tank to show their unique ice cream. They asked for $300,000 in exchange for 12% of their company. They explained how their ice cream is different. Instead of scooping from a tub, they mix ingredients and use liquid nitrogen to freeze them instantly. This makes the ice cream very smooth and creamy. 

Customers can choose any flavors they like. The Sharks watched as Jerry and Naomi made ice cream on the spot. They were impressed by the process and the taste. Keep reading our Sub Zero Ice Cream update to see what happens next!

The Sharks had many questions.

Kevin O’Leary was worried about safety. He asked how they prevent accidents with liquid nitrogen. Jerry explained they use special tools to keep everyone safe. 

Robert Herjavec wanted to know why the company was worth $2.5 million. Jerry and Naomi said they had two company-owned stores and 18 franchises. They made $2 million in sales in 2011 and expected to make $4 million in 2012. 

Daymond John asked how much money they invested. They said they put in $750,000 of their own money and took a loan of $275,000. They also paid $500,000 to buy out a partner.

 The Sharks listened carefully to these answers.

Each Shark had their own thoughts. 

Kevin O’Leary liked the ice cream but thought the market was too crowded. He also didn’t agree with the company’s values. So, he decided not to invest. 

Robert Herjavec was concerned about their past business decisions, like buying out a partner. He chose not to invest. 

Lori Greiner felt they didn’t need her help. She also decided not to invest. 

Daymond John didn’t like their plan to expand into stadiums. He thought it was too risky and went out. 

Mark Cuban simply said he wasn’t interested in the ice cream business. So, he also went out.

In the end, none of the Sharks made an offer.

What Went Wrong With Sub Zero Ice Cream On Shark Tank?

Several things didn’t work in their favor. The Sharks were worried about safety issues with liquid nitrogen. They also thought the company’s value was too high. The Sharks didn’t agree with some of their business decisions, like spending a lot of money to buy out a partner. Their plan to expand into stadiums seemed risky to the Sharks. Because of these concerns, none of the Sharks invested.

Product Availability

From our Sub Zero Ice Cream update research, the company is still in business. They have 35 locations as of today. Customers can visit these stores to enjoy their unique ice cream. The ice cream is made fresh in front of each customer using liquid nitrogen. This allows for many flavor combinations. You can find more information and locate a store on their website.

Conclusion

Sub Zero Ice Cream didn’t get a deal on Shark Tank. But they didn’t give up. They kept working hard and improved their business. They got a patent for their special freezing process. A big company bought them, and they have many stores now. Their story shows that even without a deal, a good idea can still succeed. We will keep an eye on their progress and share any new updates about their growth and future plans.