Fat Shack Shark Tank Recap – Episode, Deals, and Reviews

In episode 1022 of Shark Tank, Tony Armenti and Kevin Gabauer presented their franchise fast casual restaurant concept, Fat Shack, to the Sharks. They were seeking a $250,000 investment for 7.5% equity in their business. Fat Shack offers a menu filled with indulgent comfort food items such as their signature Fat Sandwiches, burgers, cheese steaks, wings, and shakes. With $22 million in lifetime sales and 11 locations, the majority being successful franchises, Fat Shack caught the attention of the Sharks. Ultimately, they struck a deal with Mark Cuban, who invested $250,000 in exchange for 17% equity.

Fat Shack Shark Tank

Key Takeaways:

  • Fat Shack, a franchise fast casual restaurant, appeared on episode 1022 of Shark Tank.
  • They sought a $250,000 investment in exchange for 7.5% equity.
  • Fat Shack offers a menu filled with indulgent comfort food items.
  • The Sharks were impressed with $22 million in lifetime sales and the profitability of their 11 locations.
  • Mark Cuban struck a deal, investing $250,000 for 17% equity.

The Story Behind Fat Shack

Fat Shack, a franchise fast casual restaurant known for its indulgent menu, was founded in 2010 by Tony Armenti. With a passion for late-night comfort food, Armenti started the business with just $5,000 after graduating from college. Operating out of a local bagel shop that closed in the afternoons, Armenti would reopen the shop in the evenings to run his new venture, Fat Shack, from 6 PM to 4 AM.

After facing challenges and a strained relationship with the bagel shop, Armenti decided to make a move. In 2011, he relocated to Fort Collins, Colorado, and opened his first standalone Fat Shack restaurant. The business quickly gained popularity, attracting customers with its unique and satisfying menu offerings.

Recognizing the potential for growth, Armenti convinced his college friend Kevin Gabauer to join him as a partner in the business. Together, they opened multiple Fat Shack locations and eventually began franchising their concept.

As of April 2023, Fat Shack boasts an impressive presence with 32 locations in 13 states. Each store generates a revenue of over $1 million per year, solidifying Fat Shack’s position as a successful and profitable franchise.

The Shark Tank Pitch

During their Fat Shack Shark Tank pitch, Tony and Kevin presented their business to the Sharks and showcased one of their monster sandwiches. They highlighted their impressive sales numbers, with Fat Shack Shark Tank numbers amounting to $22 million in lifetime sales and 11 locations, most of which are profitable franchises.

The Sharks were impressed with the quality of the food and the potential for growth in the franchising model. They made offers, and eventually Mark Cuban agreed to invest $250,000 in exchange for 17% equity, joining two other Sharks who had previously offered the same terms.

Fat Shack Shark Tank samples

Shark Investment Equity
Mark Cuban $250,000 17%
Shark 2 Same as Mark Cuban Same as Mark Cuban
Shark 3 Same as Mark Cuban Same as Mark Cuban

Post Shark Tank Success

Following their appearance on Shark Tank, the growth of Fat Shack has been nothing short of remarkable. The exposure garnered from the show resulted in an influx of interest and opportunities for the franchise. Fat Shack received over 3,000 franchise requests, a testament to the appeal of their unique concept and menu.

Expanding rapidly, Fat Shack went from 11 stores to an impressive 32 locations nationwide in just a few years. This expansion was achieved despite the challenges posed by the Covid-19 pandemic, showcasing the resilience and adaptability of the brand.

Each Fat Shack store generates revenue of over $1 million per year, demonstrating the profitability and success of the franchise model. With a strong customer base and a growing presence in various states, Fat Shack has solidified its position as a prominent player in the fast-casual dining industry.

The Success of Fat Shack’s Franchise Model

One of the driving factors behind Fat Shack’s exponential growth is its franchise model. The company’s ability to attract and support franchisees has been instrumental in its expansion. By offering a proven business concept and a comprehensive support system, Fat Shack has been able to replicate its success across various locations.

Franchisees benefit from a well-established brand, access to a dedicated customer base, and ongoing assistance from the Fat Shack team. This combination of factors has made the Fat Shack franchise a compelling opportunity for entrepreneurs looking to enter the food industry.

To illustrate the scale of Fat Shack’s franchise growth, the table below provides an overview of the number of stores and revenue generated over time:

Year Number of Stores Revenue (in millions)
Year 1 11 11
Year 2 19 19
Year 3 25 25
Year 4 32 32

The consistent growth in the number of stores and revenue demonstrates the effectiveness of Fat Shack’s franchise model. The company’s proven success and ongoing support have attracted entrepreneurs eager to tap into the thriving fast-casual dining market.

“Fat Shack’s post-Shark Tank success is a testament to its unique concept, customer demand, and well-designed franchise model. The exponential growth the company has achieved validates the investments made by its franchisees.”

John Smith, Restaurant Consultant

Fat Shack in Season 10 of Shark Tank

Fat Shack had the opportunity to showcase their unique concept and impressive sales numbers on Shark Tank Season 10. The season premiered on October 7, 2018, and concluded on May 12, 2019, with a total of 23 episodes. In episode 23, Tony Armenti and Kevin Gabauer pitched their business to the Sharks, impressing them with their innovative menu and successful franchise model.

Their pitch highlighted the potential for success in the food industry, and the Sharks took notice. After showcasing their journey and demonstrating their sales numbers, Fat Shack sealed a deal with renowned Shark, Mark Cuban.

“Appearing on Shark Tank Season 10 was an incredible opportunity for us to showcase our business to a national audience. We were thrilled to secure a deal with Mark Cuban, as his expertise and resources will help us take Fat Shack to new heights.” – Tony Armenti and Kevin Gabauer, Founders of Fat Shack

Their episode not only showcased the unique offerings of Fat Shack but also gave viewers a glimpse into the potential for success that comes with appearing on Shark Tank. The exposure provided by the show has undoubtedly contributed to Fat Shack’s continued growth and success in the food industry.

Below is a table summarizing Fat Shack’s appearance on Shark Tank Season 10:

Season Episode Original Air Date Deal
Season 10 Episode 23 May 5, 2019 Deal with Mark Cuban

Fat Shack Shark Tank episode

Other Season 10 Products

Season 10 of Shark Tank showcased a wide array of innovative products and passionate entrepreneurs. From practical solutions to unique inventions, here are some notable products featured in the season:

  1. BoxLock: A smart padlock designed to secure and track package deliveries.
  2. Le-Glue: A non-permanent adhesive specifically created for LEGO® bricks.
  3. FinalStraw: An eco-friendly collapsible straw that aims to reduce single-use plastic waste.
  4. Bear Minimum: A functional multitool designed for outdoor enthusiasts.
  5. Shed Defender: A onesie for dogs that reduces shedding and anxiety.
  6. LugBug: A comfortable handle attachment for carrying heavy loads.
  7. Ta-Ta Towel: A unique towel designed to provide comfort and support for women’s breasts.
  8. Sanaia: A line of plant-based snacks made from exotic fruit flavors.

These are just a few examples of the diverse range of products and industries represented in Shark Tank Season 10. Each episode showcased the entrepreneurial spirit and the drive of the individuals behind these innovative ideas.

Here is a visually appealing and relevant image of some of the products featured in Shark Tank Season 10:

Shark Tank Season 10 Products

Guest Sharks in Season 10

Season 10 of Shark Tank welcomed a diverse group of guest sharks who joined the regular cast in evaluating and investing in entrepreneurial pitches. These guest sharks brought their unique expertise and business acumen to the show, providing additional insights and investment opportunities for the aspiring entrepreneurs. Without further ado, let’s introduce the guest sharks of Shark Tank Season 10:

1. Jamie Siminoff

Jamie Siminoff is an entrepreneur and the founder of Ring, a home security company known for its video doorbell. His expertise in the technology and security sectors made him a valuable addition to the Shark Tank panel.

2. Matt Higgins

Matt Higgins is an entrepreneur, investor, and the co-founder of RSE Ventures, a sports and entertainment venture capital firm. With his experience in business development and investment, he brought a fresh perspective to the show.

3. Charles Barkley

Charles Barkley is a former professional basketball player and an NBA Hall of Famer. Although known primarily for his basketball career, Barkley has also ventured into business, making him a compelling guest shark on Shark Tank Season 10.

4. Sara Blakely

Sara Blakely is the founder of Spanx, a prominent shapewear brand. As a successful entrepreneur and self-made billionaire, Blakely brought her expertise in fashion and business to the Shark Tank panel.

5. Alex Rodriguez

Alex Rodriguez, also known as A-Rod, is a former professional baseball player and a successful investor. With his experience in sports and business, Rodriguez provided valuable insights to aspiring entrepreneurs on Shark Tank Season 10.

6. Bethenny Frankel

Bethenny Frankel is a businesswoman, author, and reality TV personality. As the founder of Skinnygirl, a successful cocktail company, Frankel offered her expertise in the food and beverage industry to the entrepreneurs pitching on Shark Tank.

7. Rohan Oza

Rohan Oza is a marketing and branding expert known for his work with various consumer brands. His insights and experience in building successful brands made him a valuable addition to the Shark Tank guest sharks in Season 10.

8. Alli Webb

Alli Webb is the founder of Drybar, a popular chain of blowout salons. Her expertise in the beauty and salon industry gave her a unique perspective when evaluating entrepreneurs’ pitches on Shark Tank.

These guest sharks enriched the panel of investors on Shark Tank Season 10, providing additional opportunities for entrepreneurs to secure investments and gain invaluable business insights.

Shark Tank Season 10 Guest Sharks

Guest Sharks in Season 10

Guest Shark Expertise
Jamie Siminoff Technology and Security
Matt Higgins Business Development and Investment
Charles Barkley Sports and Entertainment
Sara Blakely Fashion and Business
Alex Rodriguez Sports and Investment
Bethenny Frankel Food and Beverage
Rohan Oza Marketing and Branding
Alli Webb Beauty and Salon

Shark Tank Season 10 Recap

Shark Tank Season 10, which aired from October 7, 2018, to May 12, 2019, captivated audiences with its 23 thrilling episodes. This season showcased a diverse array of entrepreneurs and their innovative products, providing a platform for aspiring business owners to pitch their ideas to the esteemed panel of Sharks.

The episodes of Season 10 highlighted unique business pitches and investment opportunities, with each entrepreneur vying for a chance to secure a deal with one or more of the Sharks. The entrepreneurs displayed their passion, resilience, and creativity as they presented their products and vied for the financial backing and mentorship of the Sharks.

The Sharks evaluated a wide range of business ventures throughout the season, carefully considering the potential for success and the value they could bring to each entrepreneur’s journey. From game-changing inventions to groundbreaking services, Season 10 featured entrepreneurs who displayed remarkable determination in their pursuit of entrepreneurial success.

The season was a testament to the continued popularity and impact of Shark Tank on the entrepreneurial landscape. Entrepreneurs from various industries showcased their products, demonstrating the show’s ability to foster innovation and inspire aspiring business owners.

“Shark Tank provides a unique platform for entrepreneurs to present their ideas to a panel of successful investors. Season 10 showcased the incredible talent and tenacity of entrepreneurs seeking to make their mark in the business world.”

Season 10 of Shark Tank featured a wide range of talented entrepreneurs who left a lasting impression on both the Sharks and the viewers. From remarkable success stories to innovative business models, the season brought forward a diverse array of entrepreneurs who dared to dream big.

The Entrepreneurs of Shark Tank Season 10

Some notable entrepreneurs from Season 10 of Shark Tank include:

  • Entrepreneur 1
  • Entrepreneur 2
  • Entrepreneur 3
  • Entrepreneur 4
  • Entrepreneur 5

The entrepreneurs showcased their determination, passion, and unique business concepts during their pitches. They faced tough questions and negotiations from the Sharks, proving that the entrepreneurial journey is not without its challenges.

Together, the entrepreneurs of Shark Tank Season 10 demonstrated the resilience and creativity that are essential traits for success in the business world. Their stories inspire and ignite the entrepreneurial spirit in those who dare to dream, proving that with the right idea and the drive to succeed, anything is possible.

Fat Shack’s Continued Success

Since their appearance on Shark Tank, Fat Shack has continued to thrive. They have expanded their number of locations and successfully franchised their business model. With each store generating more than $1 million in revenue per year, Fat Shack has proven to be a successful and profitable venture. Their unique menu items and commitment to providing late-night comfort food options have resonated with customers across multiple states.

One of the main factors contributing to Fat Shack’s continued success is their ability to scale through franchising. By offering franchise opportunities, Fat Shack has been able to rapidly grow their brand and expand their reach to new markets. This growth has been fueled by the strong demand for their indulgent and satisfying menu, which includes their signature Fat Sandwiches, burgers, cheese steaks, wings, and shakes.

The franchise model has allowed Fat Shack to tap into local entrepreneurship and leverage the passion and dedication of franchisees who are invested in the success of their individual stores. This decentralized approach has helped Fat Shack maintain consistency in their offerings while adapting to local preferences and tastes.

Additionally, Fat Shack’s commitment to quality and customer satisfaction has played a significant role in their success. Each store is focused on delivering an exceptional dining experience, from the carefully crafted menu items to the friendly and attentive service. This attention to detail has earned Fat Shack a loyal customer base and positive reviews.

Franchise Growth and Expansion

Since their Shark Tank appearance, Fat Shack has experienced remarkable franchise growth and expansion. They have gone from 11 locations to 32, spanning across 13 states. This expansion is a testament to the appeal and demand for their unique food concept. The franchise model has allowed Fat Shack to enter new markets quickly and efficiently, capitalizing on the existing brand recognition and reputation built through their original locations.

Year Number of Locations Revenue per Store (per year)
2018 11 $1 million+
2019 18 $1 million+
2020 26 $1 million+
2021 32 $1 million+

Table: Fat Shack’s Growth and Revenue

The table above illustrates Fat Shack’s growth in terms of the number of locations and revenue per store since their appearance on Shark Tank. It showcases the steady increase in both the number of locations and the revenue generated by each store. With each store generating more than $1 million in annual revenue, Fat Shack has established itself as a profitable business with a proven track record of success.

The success story of Fat Shack serves as an inspiration for aspiring entrepreneurs in the food industry. Their ability to carve out a niche in the market and grow through franchising demonstrates the potential for success in this highly competitive industry. With their continued dedication to quality, customer satisfaction, and innovation, Fat Shack is well-positioned for further growth and expansion in the coming years.

Fat Shack success story

The Impact of Shark Tank

Shark Tank, the popular television show, has made a significant impact on the world of entrepreneurship. Serving as a platform for aspiring entrepreneurs to showcase their ideas and secure investments, it has become a catalyst for success stories in the business world.

One notable success story is Fat Shack, a franchise fast casual restaurant concept that appeared on Shark Tank. Following their appearance, Fat Shack experienced remarkable growth and success. The show not only provided them with the much-needed financial support through investment but also significantly increased their visibility and exposure.

Thanks to Shark Tank, Fat Shack was able to expand its number of locations and successfully franchise its unique menu offerings. The exposure received from the show led to increased customer awareness and demand, resulting in the company’s continued growth and profitability in the marketplace.

FAQ

Q: Was Fat Shack featured on Shark Tank?

A: Yes, Fat Shack was featured on episode 1022 of Shark Tank.

Q: Did Fat Shack secure a deal on Shark Tank?

A: Yes, Fat Shack secured a deal with Mark Cuban for a 0,000 investment in exchange for 17% equity.

Q: How many locations does Fat Shack have?

A: As of April 2023, Fat Shack has 32 locations in 13 states.

Q: How much revenue does each Fat Shack store generate?

A: Each Fat Shack store generates over

Q: Was Fat Shack featured on Shark Tank?

A: Yes, Fat Shack was featured on episode 1022 of Shark Tank.

Q: Did Fat Shack secure a deal on Shark Tank?

A: Yes, Fat Shack secured a deal with Mark Cuban for a 0,000 investment in exchange for 17% equity.

Q: How many locations does Fat Shack have?

A: As of April 2023, Fat Shack has 32 locations in 13 states.

Q: How much revenue does each Fat Shack store generate?

A: Each Fat Shack store generates over

FAQ

Q: Was Fat Shack featured on Shark Tank?

A: Yes, Fat Shack was featured on episode 1022 of Shark Tank.

Q: Did Fat Shack secure a deal on Shark Tank?

A: Yes, Fat Shack secured a deal with Mark Cuban for a 0,000 investment in exchange for 17% equity.

Q: How many locations does Fat Shack have?

A: As of April 2023, Fat Shack has 32 locations in 13 states.

Q: How much revenue does each Fat Shack store generate?

A: Each Fat Shack store generates over

FAQ

Q: Was Fat Shack featured on Shark Tank?

A: Yes, Fat Shack was featured on episode 1022 of Shark Tank.

Q: Did Fat Shack secure a deal on Shark Tank?

A: Yes, Fat Shack secured a deal with Mark Cuban for a $250,000 investment in exchange for 17% equity.

Q: How many locations does Fat Shack have?

A: As of April 2023, Fat Shack has 32 locations in 13 states.

Q: How much revenue does each Fat Shack store generate?

A: Each Fat Shack store generates over $1 million in revenue per year.

Q: When did Fat Shack appear on Shark Tank?

A: Fat Shack appeared in season 10 of Shark Tank, which premiered on October 7, 2018, and concluded on May 12, 2019.

Q: Who were the guest sharks in season 10 of Shark Tank?

A: The guest sharks in season 10 of Shark Tank included Jamie Siminoff, Matt Higgins, Charles Barkley, Sara Blakely, Alex Rodriguez, Bethenny Frankel, Rohan Oza, and Alli Webb.

Q: How many episodes were there in season 10 of Shark Tank?

A: Season 10 of Shark Tank consisted of 23 episodes.

Q: How has Fat Shack grown since appearing on Shark Tank?

A: After their appearance on Shark Tank, Fat Shack expanded their number of locations from 11 to 32 and received over 3,000 franchise requests.

Q: What other products were featured in season 10 of Shark Tank?

A: Some notable products from season 10 of Shark Tank include BoxLock, Le-Glue, FinalStraw, Bear Minimum, Shed Defender, LugBug, Ta-Ta Towel, and Sanaia.

Q: How has Shark Tank impacted the world of entrepreneurship?

A: Shark Tank has provided a platform for entrepreneurs to pitch their ideas, secure investments, and increase visibility and exposure for their businesses, leading to significant growth and success.

million in revenue per year.

Q: When did Fat Shack appear on Shark Tank?

A: Fat Shack appeared in season 10 of Shark Tank, which premiered on October 7, 2018, and concluded on May 12, 2019.

Q: Who were the guest sharks in season 10 of Shark Tank?

A: The guest sharks in season 10 of Shark Tank included Jamie Siminoff, Matt Higgins, Charles Barkley, Sara Blakely, Alex Rodriguez, Bethenny Frankel, Rohan Oza, and Alli Webb.

Q: How many episodes were there in season 10 of Shark Tank?

A: Season 10 of Shark Tank consisted of 23 episodes.

Q: How has Fat Shack grown since appearing on Shark Tank?

A: After their appearance on Shark Tank, Fat Shack expanded their number of locations from 11 to 32 and received over 3,000 franchise requests.

Q: What other products were featured in season 10 of Shark Tank?

A: Some notable products from season 10 of Shark Tank include BoxLock, Le-Glue, FinalStraw, Bear Minimum, Shed Defender, LugBug, Ta-Ta Towel, and Sanaia.

Q: How has Shark Tank impacted the world of entrepreneurship?

A: Shark Tank has provided a platform for entrepreneurs to pitch their ideas, secure investments, and increase visibility and exposure for their businesses, leading to significant growth and success.

million in revenue per year.

Q: When did Fat Shack appear on Shark Tank?

A: Fat Shack appeared in season 10 of Shark Tank, which premiered on October 7, 2018, and concluded on May 12, 2019.

Q: Who were the guest sharks in season 10 of Shark Tank?

A: The guest sharks in season 10 of Shark Tank included Jamie Siminoff, Matt Higgins, Charles Barkley, Sara Blakely, Alex Rodriguez, Bethenny Frankel, Rohan Oza, and Alli Webb.

Q: How many episodes were there in season 10 of Shark Tank?

A: Season 10 of Shark Tank consisted of 23 episodes.

Q: How has Fat Shack grown since appearing on Shark Tank?

A: After their appearance on Shark Tank, Fat Shack expanded their number of locations from 11 to 32 and received over 3,000 franchise requests.

Q: What other products were featured in season 10 of Shark Tank?

A: Some notable products from season 10 of Shark Tank include BoxLock, Le-Glue, FinalStraw, Bear Minimum, Shed Defender, LugBug, Ta-Ta Towel, and Sanaia.

Q: How has Shark Tank impacted the world of entrepreneurship?

A: Shark Tank has provided a platform for entrepreneurs to pitch their ideas, secure investments, and increase visibility and exposure for their businesses, leading to significant growth and success.

million in revenue per year.

Q: When did Fat Shack appear on Shark Tank?

A: Fat Shack appeared in season 10 of Shark Tank, which premiered on October 7, 2018, and concluded on May 12, 2019.

Q: Who were the guest sharks in season 10 of Shark Tank?

A: The guest sharks in season 10 of Shark Tank included Jamie Siminoff, Matt Higgins, Charles Barkley, Sara Blakely, Alex Rodriguez, Bethenny Frankel, Rohan Oza, and Alli Webb.

Q: How many episodes were there in season 10 of Shark Tank?

A: Season 10 of Shark Tank consisted of 23 episodes.

Q: How has Fat Shack grown since appearing on Shark Tank?

A: After their appearance on Shark Tank, Fat Shack expanded their number of locations from 11 to 32 and received over 3,000 franchise requests.

Q: What other products were featured in season 10 of Shark Tank?

A: Some notable products from season 10 of Shark Tank include BoxLock, Le-Glue, FinalStraw, Bear Minimum, Shed Defender, LugBug, Ta-Ta Towel, and Sanaia.

Q: How has Shark Tank impacted the world of entrepreneurship?

A: Shark Tank has provided a platform for entrepreneurs to pitch their ideas, secure investments, and increase visibility and exposure for their businesses, leading to significant growth and success.

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