Baby’s Badass Burgers Shark Tank Net Worth 2023
Erica Cohen and Lori Barbera, the owners of a business called Baby’s Bad Ass Burgers, recently appeared on the television show Shark Tank in the hopes of securing a $250,000 investment from one of the show’s investors.
In exchange for the investment, they offered a 30% stake in their company. The investors agreed to the terms, which resulted in a valuation of their business at $833,333.33.
What is Baby’s Badass Burgers? Who are the Founders of Baby’s Badass Burgers?
Baby’s Badass Burgers is a mobile burger business based in Los Angeles that stands out from others due to its unique pink truck and the stunning young women who cater to its customers.
The company offers high-quality, gourmet burgers at reasonable prices, and its friendly and attractive staff provides a delightful experience that sets it apart from other catering trucks, burger shops, and restaurants.
The idea for Baby’s Badass Burgers came from the minds and experiences of Erica Cohen, a former New Yorker restaurateur, and Lori Barbera, a renowned event designer.
Cohen began her career in the food industry as a founding partner of The ONE Group’s first restaurant and has a passion for gourmet burgers.
She created Simple Original Beauty, which is a part of the Baby’s Badass Burgers menu. Cohen manages day-to-day operations, quality control, and staffing, as well as overseeing all BBB franchisees.
Barbera has created numerous events for celebrities and corporations, and she brings her extensive event and catering experience to Baby’s Badass Burgers.
She books and oversees the company’s marketing and public relations and schedules the trucks months in advance, generating a buzz among clients in the entertainment industry.
Cohen and Barbera created the Baby’s Badass Burger concept, design, and branding and have developed and improved the menu to offer a unique and exceptional burger experience.
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Baby’s Badass Burgers Shark Tank Pitch
Erica Cohen and Lori Barbera made an appearance on season 4, episode 24 of Shark Tank to pitch their business, Baby’s Bad Ass Burgers.
They were seeking a $250,000 investment in exchange for a 30% share in their business, which valued their company at $833,333.33.
To impress the Sharks, the girls brought a replica of their hot-pink food truck and gave out burger samples. They also presented their plans for a physical store, as they had always intended to turn their mobile trucks into something more permanent, given their vast restaurant expertise.
During the pitch, Kevin asked if Baby’s Badass Burgers was a profitable venture. The girls revealed that they had made $850,000 in sales over three years, with an average of $375,000 in annual revenue.
Robert questioned the concept of converting a profitable food truck business into a brick-and-mortar store, but the girls remained determined to pursue their dream.
Mark advised them to follow the money and stick with the food trucks, which the Sharks agreed was the better business model. Despite their efforts to persuade the Sharks, Erica, and Lori left without securing a deal.
Since then, Baby’s Bad Ass Burgers has expanded its food truck business, operating six trucks across different locations and earning $5 million in annual revenue as of August 2021.
The girls have also made appearances on other reality TV shows, but their focus remains on serving high-end gourmet burgers from their food trucks.
Baby’s Badass Burgers Shark Tank Updates
Baby’s Badass Burgers is a food truck that appeared in Season 4, Episode 24 of Shark Tank. The founders, Erica Cohen and Lori Barbera sought a $250,000 investment in return for a 30% stake in the business.
Despite not receiving an investment from the Sharks, Baby’s Badass Burgers continued to grow and show a profit. The company expanded into catering private events and crowds continued to flock to their announced locations.
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As of April 2023, it is unclear what the current status of Baby’s Badass Burgers is. The Ventura truck is listed as “temporarily closed due to Covid-19” with a message that it would reopen in 2021, but this has not been updated.
However, in 2023, Baby’s Bad Ass Burgers is set to appear on Shark Tank. The company is described as a “playfully unique and entertaining mobile burger concept” with attractive staff members known as Burger Babes serving gourmet burgers from a hot pink truck.
The company plans to accept franchisees with the intention of having Baby’s Badass Burgers served in all major cities
Baby’s Badass Burgers Net Worth
Erica Cohen and Lori Barbera appear on Shark Tank in search of a $250,000 investment in exchange for a 30% share in Baby’s Bad Ass Burgers. This results in a worth of $833,333.33.
Baby’s Badass Burgers Competitors
There is no competitor identified for Baby’s Badass Burgers.
Baby’s Badass Burgers Shark Tank Net Worth 2023
TITLE | DESCRIPTION |
Founders | Erica Cohen and Lori Barbera |
Business | Mobile burger business based in Los Angeles, offering high-quality, gourmet burgers at reasonable prices, and its friendly and attractive staff provides a delightful experience that sets it apart from other catering trucks, burger shops, and restaurants. |
Shark Tank Pitch | Seeking a $250,000 investment in exchange for a 30% share in their business, which valued their company at $833,333.33. |
Updates | As of April 2023, it is unclear what the current status of Baby’s Badass Burgers is. However, in 2023, Baby’s Bad Ass Burgers is set to appear on Shark Tank. The company plans to accept franchisees with the intention of having Baby’s Badass Burgers served in all major cities. |
Net Worth | $833,333.33 |
Competitors | No competitor was identified. |
FAQs | Baby’s Badass Burgers is a mobile burger concept that was founded in 2009 with one food truck in the Los Angeles area. The partners shared a passion for burgers and created their own burger, the Simple Original Beauty, to satiate their quest for the perfect cheeseburger. |
Baby’s Badass Burgers FAQS
What Is Baby’s Badass Burgers Shark Tank?
Baby’s Badass Burgers is a mobile burger concept that was founded by Erica Cohen, a New York restaurateur, and Lori Barbera, a Hollywood event planner. The company started in 2009 with one food truck in the Los Angeles area.
The partners shared a passion for burgers and created their own burger, the Simple Original Beauty, to satiate their quest for the perfect cheeseburger. Barbera developed the concept, design, and branding, and refined the menu.
The company operates food trucks in Los Angeles, Orange County, San Diego, Ft. Irwin Military Base, Ventura, New Orleans, and Houston.
Baby’s Badass Burgers appeared on Season 4, Episode 24 of Shark Tank, seeking $250,000 for 30% of the business. The company’s big idea was to have attractive staff members known as Burger Babes serve gourmet burgers to customers from a hot pink truck.
However, none of the Sharks wanted to invest in the company. Despite not getting a physical storefront, Baby’s Badass Burgers continued to sell and expand its business. As of 2023, the company is still operating its food trucks and has not opened a physical storefront.
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How Does Baby’s Badass Burgers Shark Tank Work?
Baby’s Badass Burgers is a food truck concept based out of Los Angeles, California, that was founded by Erica Cohen and Lori Barbera in 2009.
The food truck is staffed by attractive female staff members known as Burger Babes who serve gourmet burgers to customers from a hot pink truck. The partners appeared on Shark Tank in season 4, episode 24, seeking a $250,000 investment in return for a 30% stake in the business.
They hoped to see their food served in all major cities. However, none of the Sharks wanted to invest.
Despite not receiving an investment from the Sharks, Baby’s Badass Burgers continued to grow and show a profit. They expanded into catering private events and crowds continued to flock to their announced locations.
The physical location that the partners had hoped for did not materialize. Instead, they continued to sell their high-end gourmet burgers out of their food truck. As of 2023, Baby’s Badass Burgers is still selling and bringing its burgers to Shark Tank.
What Happened To Baby’s Badass Burgers After Shark Tank?
Baby’s Badass Burgers, a Los Angeles-based food truck, appeared on Shark Tank in May 2013, seeking a $250,000 investment in return for a 30% stake in the business. Although the Sharks did not invest, the food truck continued to grow and show a profit.
The founders, Erica Cohen and Lori Barbera took the Sharks’ criticism and advice to heart and have since expanded their business. They were unable to raise the funds for their dream goal of a physical restaurant, but they have opened several more trucks.
Baby’s Badass Burgers can now be found in LA, San Bernadino, San Diego, Ventura, and Orange County, California.
Since appearing on Shark Tank, Baby’s Badass Burgers has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 5 million USD as of 2023.
The founders, Erica Cohen and Lori Barbera have a net worth of 3 million USD as of 2023. The food truck has proven that with the right idea and execution, anything is possible.
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Is Baby’s Badass Burgers Shark Tank Still In Business?
Yes, Baby’s Badass Burgers from Shark Tank is still in business. Since appearing on Shark Tank, the company has grown to six truck locations in Los Angeles, San Bernardino, Ventura, San Diego, Orange County, and Houston.
However, as of March 2022, the Houston truck is no longer in operation. The physical location that the entrepreneurs hoped to open after appearing on Shark Tank never materialized. Instead, they continue to sell their high-end gourmet burgers out of their food trucks.
Baby’s Badass Burgers was founded in 2009 with one food truck. The company was started by Erica Cohen, an experienced restaurateur, and Lori Barbera, an event planner, who shared a passion for burgers.
The company has been successful, appealing to celebrities such as Billy Bob Thornton, Sean “P. Diddy” Combs, and Chris Evans. The company’s website also states that they are set up to start accepting franchisees with the intention of having Burger Babes all around the country.
In conclusion, Baby’s Badass Burgers from Shark Tank is still in business and has expanded to six truck locations.
The company continues to sell high-end gourmet burgers out of its food trucks and has not opened a physical location. The company has been successful and has plans to expand through franchising.
What Is The Current Valuation Of Baby’s Badass Burgers After Shark Tank?
Baby’s Badass Burgers appeared on Shark Tank seeking a $250,000 investment in exchange for a 30% share in their business, which valued their company at $833,333.33. However, none of the Sharks made an offer.
Despite this, Baby’s Badass Burgers continued to expand and now has six truck sites, with a yearly income expected to be over $5 million by August 2021.
It is unclear from the search results what the current valuation of Baby’s Badass Burgers is after Shark Tank. However, it is known that the company has continued to grow and expand since appearing on the show, despite not receiving an investment from the Sharks.
How much were they seeking in the Shark Tank?
Erica Cohen and Lori Barbera entered the Tank seeking a $250,000 investment in exchange for a 30% share in Baby’s Badass Burgers.
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Did they secure an investment from the Sharks?
The two were unable to secure the $250,000 from any of the Sharks.
Is Baby’s Badass Burgers still in business?
Yes, they’ve expanded to 6 truck sites, and their yearly income is expected to be over $5 million by August 2021.
Where can they find Baby’s Badass Burgers?
Baby’s Badass Burgers serves at the following locations: Los Angeles, San Bernadino, Ventura, San Diego, Orange County, and Houston.
What is Baby’s Badass Burgers phone number?
Their phone number is (877) 962-2297.
What is Baby’s Badass Burgers website?
Their website is www.babysbadassburgers.com.
What was the Shark Tank episode number for Baby’s Badass Burgers?
They appeared on Shark Tank season 4episode 24.
Where is Baby’s Badass Burgers located?
They’re located in Los Angeles, California.
What was the first location for Baby’s Badass Burgers?
The first site for the pair was in Los Angeles, California. They’ve since expanded to 6 truck sites.
Where can they find Baby’s Badass Burgers on social media?
They can find them on their website, Facebook, Instagram, and Twitter.
What is the cost of a Baby’s Badass Burgers franchise?
To purchase a franchise with Baby’s Badass Burgers, you must have at least $30,000 in liquid money and a net worth of at least $150,000.
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What are strengths of Baby’s Badass Burgers?
A strong strength of Baby’s Badass Burgers is that they’re a mobile business that can visit customers at their homes and other locations.
What payment methods do Baby’s Badass Burgers accepts?
Credit cards are accepted at Baby’s Badass Burgers.
What is the net worth of Erica Cohen?
Erica Cohen’s net worth is unavailable.
What is the net worth of Lori Barbera?
Lori Barbera’s net worth is unavailable.