Alice’s Table Shark Tank Net Worth | What Happened After Shark Tank Pitch?
What is Alice’s Table?
Alice’s Table is a company that specializes in providing online events aimed at teaching creative methods of entertainment. These events include flower arrangements and charcuterie board making, among others.
The company provides all the necessary materials for each session, and participants can watch them on their own or as part of larger events, such as bachelorette parties or bridal showers.
The company’s “Event Executives,” or flower-arranging hostesses, receive training and gain lifelong access to a unique event management platform for a fee of $699.
They also receive all the materials needed for a 20-person event and earn a commission of 70% on ticket sales, minus the cost of flowers and supplies, which usually averages around $22 per person.
Apart from private events, Alice’s Table also organizes public events in pubs, retail stores, and other locations. Tickets for these events can be purchased on their website at a cost of $65 per person.
Alice appears on Shark Tank season 9 episode 17 in search of $250,000 in exchange for 6.5 percent of her company. This equates to a $4 million valuation.
She accepted an offer from Mark and Sara of $250,000 for a 10% stake valued at $2.5 million.
Who is the Founder of Alice’s Table?
The founder and CEO of Alice’s Table are Alice Rossiter Lewis, who has a background in art, business, and innovation.
Prior to founding the company in 2015, she worked as an adviser for an architectural interior design business and later worked in client interactions, marketing, and media purchasing at an online interior design marketplace.
She then went on to work as the Operations Manager at a company that provides mobile apps for museums, attractions, and NGOs.
Lewis had a dream about starting Alice’s Table while in college and combined her floral design skills and business knowledge to create the company.
While the company initially focused on teaching hostesses to hold “paint and sip” style parties, they have since shifted their focus to providing highly tailored online experiences that include all necessary project supplies.
Alice’s Table makes money by providing support services to its Event Executives, including training, payment processing, and marketing assistance. The company is based in Boston but has events in several other cities across the US.
Alice’s Table Shark Tank Summary
| Company Name | Alice’s Table |
| Founders | Alice Rossiter Lewis |
| Founded | 2015 |
| Product | Lifestyle company offering online events teaching creative entertaining methods such as flower arranging and making charcuterie boards |
| Investment Sought/Asked | $250,000 for 6.5% stake (valuing the company at $4 million) |
| The Final Deal | $250,000 for a 10% stake (valuing the company at $2.5 million. |
| The Shark Investor | Mark Cuban and Sara Blakely |
| Episode (Shark Tank USA) | Season 9 Episode 17 |
| Date Featured | February 11, 2018 |
| Current Business Status | Operating under the 1-800-Flowers brand with yearly revenues of $6 million (as of June 2021) |
| Estimated Lifetime Sales | Unknown |
| Alice’s Table Current Net Worth | Unknown |
What Happened to Alice’s Table At/After Shark Tank Pitch?
During season 9 episode 17 of Shark Tank, Alice pitched her company Alice’s Table to the Sharks and asked for $250,000 in exchange for a 6.5% stake, valuing the company at $4 million.
The Sharks were skeptical about the high valuation, but Alice demonstrated her flower-arranging business by inviting them to participate in a class.
Lori was interested in the concept, and Kevin was curious about sales. Alice revealed that they had sold $600,000 worth of tickets and had made over $100,000 in profit in a year. Kevin was shocked by the valuation and offered $250,000 for 25% of the company, but Alice declined.
Mark offered $250,000 for a 10% stake with the opportunity to purchase more ownership in the future. Alice agreed to the offer, and the deal was made.
After the show, Alice signed up over 70 additional hosts, and her business continued to grow. However, during the Covid-19 pandemic, Alice’s business was hit hard, and she pivoted to online experiences.
She partnered with 1-800-Flowers.com to send flowers, and the company is still operating with yearly revenues of $6 million as of June 2021.
Alice’s Table Shark Tank Net Worth
Alice’s Table had a net worth of 2.5 million USD during their appearance on Shark Tank in Season 9 where they received an investment of $250,000 from Mark Cuban and Sarah Blakely for 10% of the business.
As of 2020, Alice’s Table was still operating under the 800-Flowers brand and had expanded its workshops to include classes on arranging gourmet food platters and making pasta.
It is unclear what their current net worth is.
Additionally, reports that Alice’s Table had a net revenue of about $180,000 under their unique business model.
Alice’s Table Shark Tank Updates
Alice Rossiter appeared on Shark Tank Season 9 with her company, Alice’s Table, an event management platform that offers flower arranging classes and other events. She asked for $250,000 in exchange for 6.25% equity, valuing the company at $4 million.
Mark Cuban and guest shark Sara Blakely made an offer of $250,000 for 10% equity, which Alice accepted.
In January 2022, 1-800 Flowers acquired Alice’s Table for an undisclosed amount, and Alice remained with the company as president. As of December 2022, the company is still in business with annual revenues of $6 million.
Due to the COVID-19 pandemic, the company’s short-term revenue was greatly affected, but a partnership with 1-800 Flowers helped shift the momentum back in the right direction.
Alice’s Table now offers cooking classes, charcuterie board creation, and cheese tastings in addition to flower arranging classes. The company is headquartered in Boston.
Alice’s Table Competitors
There is no competitor identified for Alice’s Table.
Alice’s Table FAQS
What Is Alice’s Table Shark Tank?
Alice’s Table is a flower-arranging party business opportunity that was pitched by Alice Lovell Rossiter on Shark Tank episode 911. The business allows women to operate their own businesses by teaching other women how to properly construct flower arrangements for any type of event.
During her pitch, Alice asked the Sharks to join in on a flower arranging “class” and served them a Moscow Mule. Mark Cuban and Sarah Blakely invested $250,000 for 10% of the business, with an option to invest further as the company grows.
Since appearing on Shark Tank, Alice’s Table has seen growth and now successfully hosts flower-arranging events.
The company offers premium life and OnDemand virtual events with a tangible flair, mixing and stirring top talent with crave-worthy kits. Alice’s Table is a member of the 1-800-FLOWERS.COM, Inc. family of brands. As of 2023, Alice’s Table has a valuation of $1.56 million.
How Does Alice’s Table Shark Tank Work?
Alice’s Table is a company that provides women with the opportunity to operate their own businesses by teaching them how to properly construct flower arrangements for any type of event.
The company offers a complete service provision through new and emerging products to their “event exec” while they get to learn in their homes.
New business owners come to Alice’s Table to purchase a $699 kit of accessories that can help them get started with anything from flower arrangements to culinary and cocktail creations.
Alice Rossiter, the founder, and CEO of Alice’s Table, appeared on Shark Tank in January 2018, seeking an investment opportunity worth $250,000 in exchange for 6.25% in equity.
During her pitch, she invited Sarah onstage to show her how to arrange flowers, then she asked the rest of the Sharks to join in on the “class”.
Mark Cuban and Sara Blakely teamed up to make an offer of $250,000 for 10% equity, which Alice accepted after taking a short time to think about it.
After Shark Tank, Alice’s Table received a deal from Mark Cuban and Sara Blakely. The company has continued to offer premium live-streaming events with a tangible flair, mixing and stirring top talent with crave-worthy kits to bring customers an experience.
Alice’s Table has also expanded its offerings beyond flower arranging to include culinary and cocktail creations.
Is Alice’s Table Shark Tank Still In Business?
As of December 2022, Alice’s Table is still in business with annual revenues of $6 million. In January 2022, 1-800 Flowers acquired Alice’s Table for an undisclosed amount, and Alice remains with the company as president.
Alice’s Table hosts unique events that unlock creativity and inspire, and they offer cooking classes, charcuterie board creation, and cheese tastings.
In 2020, Alice’s Table pivoted its lifestyle business to fully digital and highly curated live and OnDemand experiences to spark joy in people’s homes and businesses.
They expanded their offerings to include virtual events, such as flower arranging classes, and they stream creativity to millions in kitchens and conference rooms across the country.
In summary, Alice’s Table is still in business as of December 2022, and they have expanded their offerings to include virtual events.
What Is The Current Valuation Of Alice’s Table After Shark Tank?
Alice’s Table appeared on Shark Tank Season 9, Episode 17, seeking $250,000 in exchange for 6.5% equity, which valued the company at $4 million. Mark Cuban and Sara Blakely made an offer of $250,000 for 10% equity, which Alice accepted.
This valued the company at $2.5 million. The exact amount that 1-800 Flowers acquired Alice’s Table for is undisclosed. As of December 2022, the company is still in business with annual revenues of $6 million.
How much was she seeking in the Shark Tank?
She was seeking $250,000 for a 10% share of Alice’s Table business.
Did she get the deal from the Shark?
Alice’s Table secured an investment from Mark and guest Shark Sara.
How much was the deal?
Mark offered $250,000 for a 10% stake plus the opportunity to purchase more ownership in her next round of investments.
Is Alice’s table acquired?
1-800-FLOWERS.COM acquired Alice’s Table on January 11th, 2022, a lifestyle company that offers totally digital and highly curated streaming floral, culinary, and other unique experiences.
What episode was Alice’s Table featured on Shark Tank?
Alice’s Table appeared on episode 17 of season 9.
Where is Alice’s Table located?
Alice’s Table is a proud female-founded firm headquartered in Boston’s innovation district. We’ve been hosting one-of-a-kind events that spark creativity since 2015.
What does Alice’s table do?
Alice’s Table is a new online platform and community that gives women the tools and expertise they need to start their own flexible floral arrangement businesses.
Women may develop their clients by hosting their own flower events and courses through their executive program.
How do the events work?
They teach their pals how to arrange flowers—they bring all of the equipment to the location and teach the lesson.
Is there a minimum number of attendees for an event?
There is no minimum attendance requirement for public events, and they have hosted events for as little as 50 individuals. The typical event had 10 to 15 attendees.
How do they order flowers?
Each Event Exec orders flowers from a local wholesaler or from the wholesaler of their firm. If they are unsure about hiring a wholesaler, they should utilize theirs, which will deliver quality flowers to their door the day before their event.
What is the net worth of Alice Rossiter Lewis?
Alice Rossiter Lewis’s net worth is unavailable.
When was Alice’s Table founded?
Alice’s Table was founded in 2015.
What is Alice’s Table’s website?
Their website is www.alicestable.com.
