Atlas Monroe Chicken Shark Tank Update| What happened to Atlas Monroe Chicken after the Shark Tank
What is Atlas Monroe Chicken? Who is Atlas Monroe’s founder?
Atlas Monroe is a food company founded by Deborah Torres in 2017, that offers a variety of 100% vegan and all-natural plant-based delicacies, including vegan fried chicken, ribs, bacon, and stuffed turkey.
The company is based in the San Francisco Bay Area and has quickly become a local favorite. Deborah, who is currently the CEO, decided to adopt a vegan lifestyle after researching the benefits of a plant-based diet for her father who had diabetes.
The company began by catering and distributing in the South Bay area and now sells online and supplies their vegan chicken to various restaurants.
Atlas Monroe’s vegan fried chicken won the “Best Dish” award at the 2018 National Fried Chicken Event, being the only vegan vendor at the festival.
What happened to Atlas Monroe Chicken at the Shark Tank Pitch?
Jonathan and Deborah, the founders of Atlas Monroe Chicken, appeared on an episode of Shark Tank Season 11 in search of $500,000 for a 10% stake in their company, which would value the company at $5 million.
The Sharks were impressed with the taste of their vegan fried chicken, but were not pleased with the high price point.
They were also concerned when the entrepreneurs were hesitant to share their sales numbers. When the numbers were eventually revealed, the Sharks were even more confused. Deborah disclosed that their annual sales were $63,000, net sales were $70,000, and gross sales were $76,000.
The Sharks were not convinced that the company was worth the $5 million valuation and Kevin O’Leary even offered a $500,000 line of credit for 30% of the company, which was later increased to a $1 million offer for the whole company and a 10% royalty on sales. However, the founders were determined to keep their business and declined the offer, leaving the Sharks perplexed.
Atlas Monroe Chicken after the Shark Tank
After appearing on Shark Tank, Atlas Monroe Chicken reported that they had built a multimillion-dollar production facility and generated over $2 million in sales.
They are currently considering adding a second facility and expect to reach $24 million in sales in the next year. In August 2021, Deborah, the CEO, announced that their vegan fried chicken will be launching in Bristol Farms, a California-based retail chain.
Additionally, in 2022, Atlas Monroe will be partnering with a large American grocery chain, with locations nationwide, but the location has not been disclosed yet. They anticipate their sales for 2021 to be $2 million.
Atlas Monroe Chicken Net Worth
The net worth of Atlas Monroe Chicken was estimated to be $7 million in 2021.
Atlas Monroe Chicken Competitors
There is no competitor identified for Atlas Monroe Chicken.
Atlas Monroe Chicken FAQS
What is Atlas Monroe Chicken?
Atlas Monroe is a food company established in the San Francisco Bay Area that serves 100% vegan, all-natural, plant-based delicacies like as vegan ribs, vegan bacon, vegan stuffed turkey, and their specialty vegan fried chicken in a proprietary spice mix.
Who is Atlas Monroe’s founder?
Deborah Torres created Atlas Monroe in 2017, and she continues to play an important role in the firm as Chief Executive Officer.
How much was she seeking in the Shark Tank?
Deborah sought $500,000 for 10% stake in their company. This equated to a $5 million valuation.
Did they get the deal?
No, they declined an offer of $1 million for the whole company.
What episode of Shark Tank was Atlas Monroe Chicken featured?
They were in Season 11 Episode 2.
How can they contact Atlas Monroe Chicken?
They can e-mail Atlas Monroe Chicken [email protected].
Is Atlas Monroe still in operation in 2021?
Atlas Monroe is still in operation and doing well. They launched their own production plant in April 2021 and have grossed $2 million in sales since appearing on Shark Tank.
What happened to Atlas Monroe from Shark Tank?
“Shark Tank” Season 11, Episode 2 aired in October of 2019, and Atlas Monroe is now on track to “become the world’s largest maker of vegan fried chicken,” according to the Shark Tank Tales update.
Is Atlas Monroe successful?
Atlas Monroe generated $350,000 in sales after the episode aired, selling out of all of its items in two hours. In 2020, the firm expects to earn more than $1 million.
Is Atlas Monroe available in food stores?
Atlas Monroe is finally making his way to the grocery shop.
Given that Atlas Monroe recently constructed a new production factory in San Diego, it’s no surprise that the firm is finally moving into brick-and-mortar stores.
Where is Atlas Monroe located?
They are located in San Diego, California.
Atlas Monroe is owned by who?
Deborah Torres is the creator and CEO of Atlas Monroe, the world’s largest vegan fried chicken company.
Is Atlas Monroe a vegetarian?
They will always remain a vegan and plant-based manufacturing enterprise.
What ingredients are used in their chick’N, ribs, and turkey?
Wheat without GMOs!
What is their bacon made of?
Their cured bacon is based on rice.
Are there any gluten-free options?
Cured bacon and signature sauces are the only products on their website that do not contain wheat.
Where can they find their return policy?
Due to safety and food protocols and regulations, they do not accept returns and will not issue a refund if their product was delivered within 5 days of it shipping.
Please email them at [email protected] if their product was damaged during shipment and they will do their best to resolve their issue or resend the damaged products.
They can cancel new orders for up to 5 days. They will be able to cancel orders 5 days after they have been placed.
Do they ship all over the United States?
Yes! They ship nationally.
Do they provide wholesale?
Yes! They don’t! Inquiries should be sent to wholesale@atlasmonroe.com.
Atlas Monroe chicken is comprised of what?
The vegetarian meal is constructed completely of wheat protein and encased in a batter seasoned with a distinctive spice combination.
What is net worth of Deborah Torres?
Deborah Torres’s net worth is unavailable.
