Topsail Steamer Shark Tank Update | Shark Tank Season 16 Episode 2

Danielle Mahon realized that cooking seafood at home can feel overwhelming, even though gathering around a seafood spread with loved ones is such a special experience.

That insight led her to launch Topsail Steamer—a simple way to recreate the fun of a beachside seafood boil right in your own kitchen.

Her convenient kits remove the hassle from seafood cooking, making it easy for anyone to enjoy a flavorful, stress-free meal, whether they’re relaxing on vacation or cooking at home.

So, did the sharks help Danielle’s vision make waves?

Check out our Topsail Steamer pitch recap and latest Topsail Steamer Shark Tank update to find out…

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Topsail Steamer Shark Tank Deal

Shark	Result
Lori Greiner and Todd Graves	$350,000 for 18% equity (Accepted)
Daymond John	No Offer
Kevin O’Leary	No Offer
Mark Cuban	No Offer

Topsail Steamer Overview

Topsail Steamer is Danielle Mahon’s brilliant answer to a problem many seafood lovers face—cooking seafood at home is intimidating.

From sourcing fresh ingredients to dealing with complicated prep, it’s enough to make anyone second-guess a crab boil night. Danielle saw that challenge and turned it into a business opportunity.

With Topsail Steamer, she made seafood boils easy, approachable, and downright fun. Her signature “Bay Buckets” come packed with shrimp, crab, clams, sausage, corn, potatoes, and the brand’s own seasoning blend.

The best part?…

All you need is a little water (or beer!), a stove, and about 45 minutes. No chef skills required.

Topsail Steamer On Shark Tank Season 16

Entrepreneur	Danielle Mahon
Business Type	Seafood Meal Kit
Ask	$350,000 for 8% equity
Result	$350,000 for 18% equity
Shark	Todd Graves and Lori Greiner

Topsail Steamer Shark Tank Pitch

When Danielle Mahon stepped into the Shark Tank, she wasn’t just pitching a business—she was sharing a piece of her childhood.

Her mission?…

To bring the comfort, fun, and flavor of beachside seafood boils into homes across the country. But behind her heartwarming story was a sharp business model—and the Sharks took notice quickly.

Let’s break down exactly how the pitch played out and what led to one of the more interesting deals in Shark Tank Season 16 Episode 2…

A Taste of the Coast in Every Bucket

Danielle introduced the Sharks to Topsail Steamer, a company built around making seafood boils simple, accessible, and full of flavor.

At the core of the brand are their “Bay Buckets”—pre-prepped kits packed with fresh shrimp, crab, clams, andouille sausage, corn, potatoes, and a secret blend of coastal-inspired seasoning.

All customers have to do is add water or beer, follow a few simple steps, and they’ve got a steaming seafood feast in under an hour—no culinary experience or beach trip required.

What makes Topsail Steamer a standout is the ease and flexibility it offers. Customers can choose from signature kits or create their own mix.

The brand ships nationwide through Goldbelly, or people can pick up a bucket at one of their eight charming East Coast locations, from New Jersey down to Florida.

Topsail Steamer On Shark Tank: Business Breakdown

Now here’s where things got even more interesting. Danielle didn’t just win hearts—she backed her pitch with rock-solid numbers:

• Each Bay Bucket sells for $177
• Production cost per kit is $70.80
• That’s a ~60% gross profit margin
• Food costs make up only 28% of sales
• Labor costs are well-managed at just 17%

Topsail Steamer’s eight storefronts brought in a combined $4.5 million in 2023, and they’re tracking to hit $5.7 million in 2024. Their full-time locations generate around $987,000 annually, while the seasonal stores, open just four months a year, bring in a respectable $450,000.

Add in that store managers earn a reasonable $55,000–$60,000, and it’s clear Danielle has built a business that balances growth with operational efficiency.

Sharks Reactions On Shark Tank Topsail Steamer Pitch

The Sharks didn’t need long to sink their teeth into this one.

Todd Hoffman was first to pounce. He loved the concept, the numbers, and the growth potential, and quickly threw out an offer: $350,000 for 20% equity.

But if you know anything about Shark Tank, you know founders rarely accept the first offer. Danielle appreciated the interest but countered with a lower equity offer: $350,000 for 16%.

Todd wasn’t budging. He stood firm on the 20%—he clearly saw value in the brand and wasn’t afraid to ask for a larger slice.

Enter Lori Greiner…

Did Topsail Steamer Get A Deal On Shark Tank?

Sensing a promising opportunity, Lori suggested they team up. She offered to split the 20% equity with Todd, splitting the equity evenly while maintaining the same investment amount of $350,000.

Danielle, wanting to retain more of her company, proposed offering 18% equity instead.

After some negotiation, Todd and Lori accepted the offer. Ultimately, Danielle secured a deal for $350,000 in exchange for 18% equity, with each shark receiving a 9% share.

It was a power move—pairing Lori’s consumer product expertise with Todd’s entrepreneurial background.

Final Deal: $350,000 for 18% equity, split evenly between Todd and Lori (9% each).

It was a win-win—Danielle got the funding she needed without giving away too much equity, and the Sharks walked away with a strong brand and solid numbers.

So, Was It a Smart Deal?

From a business standpoint, Danielle played it well. She kept more equity than initially offered, secured not one but two strategic partners, and walked out of the Tank with her brand—and her vision—intact.

And with that, the Topsail Steamer Shark Tank pitch wrapped up on a high note, leaving viewers (and the Sharks) hungry for more.

But the big question remains: What happened next? Keep reading to uncover the complete Topsail Steamer Shark Tank update and find out how things are going after the Shark Tank Show.

Topsail Steamer Shark Tank Update

Now for the juicy part—the Topsail Steamer Shark Tank update.

So far, Danielle hasn’t made any major public announcements since the episode aired. But that doesn’t mean nothing is happening behind the scenes.

Our Topsail Steamer update reveals that the company is still going strong. Their website and Goldbelly listings remain active, and they’ve even rolled out 12 unique product kits for seafood fans across the country.

Whether you’re in the Midwest or chilling on the West Coast, you can get a taste of that coastal magic delivered straight to your door.

Topsail Steamer Celebrating Shark Tank Deal

To celebrate her Shark Tank appearance, Danielle launched a limited-time offer—15% off using the promo code TOPSAILSHARK15. It’s a great way to hook new customers and keep the buzz going post-airdate.

And let’s be real—who doesn’t love a discount on a steamy bucket of crab, shrimp, and sausage goodness?

It’s the perfect way to get people trying the brand and sharing it with friends. These kinds of promotions keep momentum strong after the episode airs.

Topsail Steamer Current Status – Expansion and Growth in 2025

So, where is Topsail Steamer now? According to our most recent Topsail Steamer Shark Tank update, the company continues to build on its success. They’re exploring new storefront opportunities and strengthening their nationwide shipping game.

There’s a noticeable increase in product variety, more robust shipping logistics, and improved marketing on platforms like Instagram and Facebook.

While there’s no official word on new stores yet, it seems Danielle is taking a steady approach to growth—focusing on quality and customer satisfaction.

Why Topsail Steamer Stood Out on Shark Tank?

In an episode packed with innovation, the Shark Tank Topsail Steamer pitch managed to steal the spotlight.

Why?

Because it was more than just a business—it was a nostalgic experience in a bucket.

The Sharks loved the idea, but it was Danielle’s passion and clear execution plan that really sealed the deal. She knew her numbers, demonstrated strong margins, and presented a brand that already had traction.

That combination of heart and hustle is what Shark Tank is all about!

Lessons From Topsail Steamer Shark Tank Journey

Danielle’s journey offers some solid takeaways for other entrepreneurs. First, identify a real-world problem, and second, make the solution ridiculously simple.

Topsail Steamer does both. It’s also a great example of why presentation matters—Danielle made her pitch personal, engaging, and full of flavor (literally).

And of course, the Topsail Steamer update reminds us that securing a deal is just the beginning. Execution, consistency, and smart marketing are what turn Shark Tank moments into long-term success.

Also Read: Shark Tank Little Saints Update

FAQs – Topsail Steamer Update Shark Tank Season 16 Episode 2

Final Thoughts on Topsail Steamer Update

To sum it up, the Topsail Steamer Shark Tank update is the story of a brand that’s not just selling food—it’s selling memories. Whether it’s a family dinner, a beach reunion, or just a regular Tuesday night, Topsail Steamer delivers more than just a meal.

With two Sharks now on board and momentum still building, the future looks bright for Danielle Mahon and her steam pot empire.

We’ll be keeping a close eye for the next Topsail Steamer update, and something tells us this journey is far from over.

To explore more updates from Shark Tank Season 16 Episode 2, check out the links provided below:

• Life Raft Treats Shark Tank Update
• RigStrips Shark Tank Update
• BucketGolf Shark Tank Update

Before you go, don’t miss our detailed list of all the products and business updates from Shark Tank Season 16 episodes.