Bryan Parks is the creator of Chopstick Art Company, crafting DIY items using bamboo chopsticks. After appearing on Shark Tank Season 1, he sought $100k for 10% equity at a $1 million valuation from the Sharks.
All of his products are made from chopsticks that have been previously used. Do you want to buy such a product? Let’s find out the Sharks’ opinions on this business, and in the end, we’ve shared the progress report of this business after Shark Tank.
| Company Name | Chopstick Art | |
| Founder/Co-Founder | Bryan Parks | |
| Founded | 2007 | |
| Product | DIY items by using used bamboo chopsticks | |
| Asked For | $100K for 10% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode | S1 E3 | |
| Air Date | Aug 23th, 2009 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Fremont, California, United States | |
| Lifetime Sales | $1M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Chopstick Art Shark Tank Recap
Bryan disclosed that he started this business five years ago and has since generated sales of approximately $0.5 million. He also mentioned that the net profit amounted to around $45,000. Additionally, he invested $100,000 of his own money into the business.
All the Sharks have expressed concerns regarding this business idea. Kevin Harrington mentioned that he is out, Robert Herjavec said it’s a very small business and he is also not ready yet to invest in it.
Within 5 years, the company hasn’t been able to reach a profit of even $50k, indicating that the business is not running properly. Due to its small size, Daymond John, Kevin O’Leary, and Barbara Corcoran declined to fund Bryan.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Kevin Harrington | No Offer |
| Kevin O’Leary | No Offer |
| Robert Herjavec | No Offer |
| Barbara Corcoran | No Offer |
| Daymond John | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | No Deals |
Chopstick Art Shark Tank Update
While researching the Chopstick Art Shark Tank update, we visited the company’s official website and found only three products listed for sale: Chopsticks Folding Baskets, Collapsible Chopsticks, and Folding Soap Dish. We attempted to find the products on Amazon but were unsuccessful.
This business is still ongoing, and Bryan is generating thousands of dollars in sales every year, although this amount of money is not sufficient to grow the business.
For updates on other businesses from Shark Tank Season 1, visit the post link provided below.
