Adriana Montano hopes to open Florida's first Cat Cafe, called Gato Cafe, and she's looking for a Shark's help when she pitches the idea in Shark Tank episode 623, the season 6 finale. Gato Cafe seeks to emulate the cat cafe trend, which is big in Asia and is gaining momentum in Europe. Basically, Gato Cafe would be like any other coffee shop/cafe, but with cats roaming around. Fans of the Amazing Race will remember a sequence in a cat cafe in Thailand from the current season.
Ms. Montano tried crowdfunding her idea last June and July (2014), but her Indie GoGo campaign didn't come close to its $75,000 goal: she only raised $1,210. To date, Gato Cafe has not opened, but Montano remains hopeful. She recently tweeted: “Exciting news to come! Keep your eyes open! Meow! #catcafe #thismayhappen #flcatcafe,” on the Gato Cafe Twitter page. The Indie GoGo campaign ended in mid-July of 2014 – around the time she would have been taping Shark Tank.
Ms. Montano is likely seeking funds to make her dream of opening Gato Cafe a reality. In a worst case scenario, cat loving Shark Tank fans could rally to a new crowdfunding cause in the aftermath of her appearance. Does the Gato Cafe reel in a Shark and secure an investment?
Gato Cafe Shark Tank Recap
Adriana will pitch the panel of five Sharks on the business and its prospects for growth. She’ll need to convince Mark Cuban, Lori Grenier, Kevin O’Leary, Daymond John, and Nick Woodman that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but she’ll need to show them SHE is capable of running the company to “Shark standards." A full pitch re-cap on the Gato Cafe will be available on Shark Tank Blog once this episode airs.
Gato Cafe Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on the Gato Cafe and Adriana Montano as more details become available.