Shark Tank Update
Shark Tank Pitch
CBS Foods Shark Tank Update
Published:
2m
| Name | CBS Foods |
|---|---|
| Main Presenters | Shawn Davis |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 1/1/2016 |
| Main Location | Loading Map |
| Order Shown in Episode | 3 |
| Final Deal | All Sharks went Out |
CBS Foods Shark Tank Pitch
Shawn Davis, aka "Big Shake" because he dances in the kitchen (although he didn't explain the "Big" part, so you'll have to use your imagination). He is black but was raised in the kitchen by Italians. I believe the official term is Blackalian.
Shawn created what he calls a healthier version of the burger with his shrimp burgers through his company CBS Foods.
CBS Foods has done $30k in revenue, with orders for $87k with an expected 53% profit. Kevin O'Leary has experience in the seafood industry and knows the price of shrimp can be very volatile, making it a risky investment.
Daymond was seconds from going out when Shawn jumped in and kept the deal alive, however, Daymond went out.
You have to respect the sharks, not letting their emotions for Shawn affect their investment. Shawn is a good guy, but grocery, seafood, and frozen food make for difficult businesses.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $200k for 10% of Company | |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Out | Robert Herjavec | Out |
| Company | Offered | $200k for 30% of Company | |
| Company | Offered | $200k for 40% of Company | |
| Sharks | Out | Daymond John | Out |
Mark Cuban
Out
Daymond John
Out
Kevin O'Leary
Out
Barbara Corcoran
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| 3 | 3 |
CBS Foods After Shark Tank
In season 3, episode 3, we got an update that Shawn Davis received a lot of support following his episode and even got a deal with another investor. This year he projects CBS Foods' sales to exceed $5 million.
Shawn Davis gave an interview in 2012 with Shark Tank Blog here https://www.sharktankblog.com/cbs-foods-chef-big-shake-interview, where he discussed his success since going on Shark Tank. CBS Foods had products on QVC and in several grocery stores, including Price Chopper and Giant Eagle.Link Preview
here
In 2012, Shawn projected $5 million in revenue. He spoke with Daymond periodically, and Mark Cuban mentioned it in an interview as a deal he regrets not going in on.
According to Shark Tank Blog https://www.sharktankblog.com/business/cbs-foods https://www.bigshakeshotchicken.com, in 2016 CBS Foods' website showed as "under construction" for a while until reemerging in 2018 as Big Shake's Hot Chicken at their website bigshakeshotchicken.com Link Preview
Shark Tank Blog .Link Preview
bigshakeshotchicken.com
In 2022 he has three stores, two franchises in Tennesse, and his original location in Alabama. Shawn sells spices and such at shopbigshakes.com https://shopbigshakes.com.Link Preview
shopbigshakes.com
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