Fat Shack Shark Tank Update

Fat Shack Shark Tank Pitch

Tom Armenti appeared on Shark Tank Season 10, Episode 23, which aired on May 12, 2019, with over-the-top fat food restaurant.

Fat Shack is listed in the Food Beverage category. In plain terms, the business is described as over-the-top fat food restaurant.

Fat Shack asked the Sharks for $250,000 for 7.5%, implying a valuation of about $3.3 million.

On the show, Fat Shack made a listed deal with Mark Cuban for $250,000 for 15%.

If treated as straight equity, the listed deal works out to about $1.7 million implied valuation, down from the original $3.3 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Fat Shack After Shark Tank

Sources