Beyond Sushi Shark Tank Net Worth 2023
According to search results, Beyond Sushi is a vegan restaurant chain serving plant-based sushi founded by Guy Vaknin.
In October 2019, Vaknin pitched Beyond Sushi on Season 10 of Shark Tank and accepted a $1.5 million investment from Lori Greiner and guest Shark Matt Higgins in exchange for 30% of West Coast operations and 15% of East Coast operations. However, the deal fell through after due diligence and negotiation.
As of February 2023, Beyond Sushi has a net worth of $23 million USD and Vaknin has a net worth of $17 million USD.
The business currently operates six venues in NYC with one commissary kitchen supplying all the locations across the US. In early 2020, Beyond Sushi announced a new catering division City Roots.
What is Beyond Sushi? Who Founded Beyond Sushi?
Beyond Sushi is a restaurant chain that provides a plant-based sushi alternative. Vegans like the restaurant’s vegetarian meals.
Beyond Sushi creates sushi that is both delicious and attractive by combining fresh grains, fruits, and veggies.
Guy Vaknin, an Israeli native, was taught to cook by his grandmother. Guy Vaknin is the founder of Beyond Sushi.
Before traveling to America to seek a degree in computer engineering, he served in the military. He went on to The Institute of Culinary Creations to further his education.
Tali, his wife and business partner, graduated from the Laboratory Institute of Merchandising with a business degree.
When his parents split, Vaknin took up the family’s cooking.
He worked in the restaurant industry for a while before partnering with his father to start a catering company.
In 2012, he and Tali created their first restaurant, employing cuisine inspired by her vegetarian upbringing, and operating six outlets in New York.
Depending on the location, the restaurant serves seasonal vegan sushi, wraps, dumplings, noodle bowls, and other options for grab-and-go meals or eating in.
Beyond Sushi Shark Tank Pitch
Guy Vaknin, the proprietor of Beyond Sushi, a vegan restaurant chain, created a stir on Shark Tank by requesting $1.5 million for a 25% stake in his West Coast operations and a 5% stake in his East Coast operations.
During his pitch, he introduced himself and his menu and distributed three of his most popular rolls to the Sharks. The Sharks enjoyed the food, with Lori particularly impressed.
Vaknin revealed that a full roll of eight pieces had 280 calories, cost $7.50, and costs $1.50 to manufacture. He currently operates six locations around Manhattan and generates $2.5 million in revenue each year from his enormous facility that operates a single commissary kitchen serving all six locations.
In 2015, he teamed up with the owner of Ruby Tuesdays, who now owns 25% of the East Coast business. Vaknin made $4 million in sales the previous year but lost $272,000 due to the opening of two major stores and the construction of his commissary kitchen. In 2016, he made $2.4 million and $600,000 in profit. He expected to make $5.6 million in revenue in 2017.
During his discussion with Matt, they used lingo from the restaurant industry, prompting Daymond to claim that he did not understand it and could not participate. Kevin found the price to be too high and dropped out, while Mark followed his gut and also passed.
Eventually, Matt and Lori decided to team up and offered $1.5 million for a 30% stake in the West Coast business and a 15% stake in the East Coast business.
However, the deal fell through after they completed their due diligence and negotiation and decided not to move forward with the investment.
Vaknin never opened a restaurant on the West Coast and, like many other New York restaurateurs, faced difficulties during the 2020 Covid-19 pandemic.
He negotiated rent with his landlords and managed to reopen his business in June 2021, hoping to return to pre-pandemic levels. Currently, he is down to four locations.
Beyond Sushi Net Worth
Beyond Sushi, net worth as of 2021 is over $10 Million.
Beyond Sushi Shark Tank Updates
Beyond Sushi is a vegan sushi restaurant chain that appeared on Shark Tank in 2018. Guy Vaknin, the founder of Beyond Sushi, requested $1.5 million for 25% equity on the West Coast and 5% equity on the East Coast.
Lori Greiner and Matt Higgins offered $1.5 million for 30% equity on the West Coast and 15% equity on the East Coast, which Guy accepted. However, Guy never finalized the deal with Lori and Matt, ultimately deciding to pause his plans for West Coast expansion.
Despite not finalizing the deal with the Sharks, Beyond Sushi is still in business and seems to be doing quite well following Guy’s appearance on Shark Tank. Beyond Sushi has opened six more locations in Manhattan since the restaurant first opened, including a full-service restaurant on the Upper East Side.
Beyond Sushi serves their well-known vegetable and plant-based sushi dishes, which have received great reviews on Yelp.
The estimated net worth of Beyond Sushi is $17 million. Beyond Sushi has expanded to other cities and serves through both online and offline stores.
Lori and Matt made the right decision by investing in Beyond Sushi and getting 30% stakes in its West Coast restaurant chain. Beyond Sushi is a perfect dining option for all vegans who love sushi.
Summary Table: Beyond Sushi Shark Tank Net Worth 2023
KEY POINTS | DETAILS |
What is Beyond Sushi? | A vegan restaurant chain providing plant-based sushi |
Founder | Guy Vaknin |
Shark Tank Pitch | Asked for $1.5 million for 25% West Coast and 5% East Coast stake, but the deal fell through |
Beyond Sushi Net Worth | $23 million USD (Feb 2023) |
Vaknin’s Net Worth | $17 million USD (Feb 2023) |
Current Status | 6 venues in NYC, with 1 commissary kitchen and a new catering division City Roots |
Beyond Sushi Shark Tank Deal | Lori Greiner and Matt Higgins offered $1.5 million for 30% West Coast and 15% East Coast stakes, but the deal fell through |
Latest Update | Beyond Sushi is still in business and opened six more locations in Manhattan serving plant-based sushi dishes; Estimated net worth of $17 million |
Beyond Sushi FAQS
What Happened To Beyond Sushi After Shark Tank?
Beyond Sushi is a vegan sushi chain based in New York City. Chef Guy Vaknin appeared on season 10 of Shark Tank, seeking a $1.5 million investment for 25% equity on the West Coast and 5% equity on the East Coast.
Lori Greiner and Matt Higgins offered $1.5 million for 30% equity on the West Coast and 15% equity on the East Coast, which Vaknin accepted on the show. However, the deal ultimately fell through, and Vaknin paused his plans for West Coast expansion.
Despite the failed deal, Beyond Sushi has continued to expand and is now worth over $10 million. The chain has opened six more locations in Manhattan, including a full-service restaurant on the Upper East Side.
Beyond Sushi specializes in vegetable and plant-based sushi, and reviewers on Yelp have praised the impressive array of vegan-based options on the menu. Beyond Sushi has also expanded its reach through both online and offline stores.
Beyond Sushi did not finalize the deal with Lori Greiner and Matt Higgins after appearing on Shark Tank, but the chain has continued to expand and is now worth over $10 million. Beyond Sushi serves vegetable and plant-based sushi and has opened six more locations in Manhattan since its appearance on Shark Tank.
How Much Did Beyond Sushi Receive In Investment From Shark Tank?
Beyond Sushi, a vegan sushi chain based in New York City received a significant investment from Lori Greiner and guest shark Matt Higgins on the popular investment show “Shark Tank”.
Beyond Sushi’s creator and head chef, Guy Vaknin appeared on the show seeking $1.5 million in investment to expand the business to the west coast.
In exchange for the investment, Vaknin offered the show’s investors a stake in his business. Both Greiner and Higgins saw great potential in Beyond Sushi due to the high demand for plant-based food.
Beyond Sushi was founded by Vaknin in July 2012 and has since grown to six locations in operation throughout New York City. The chain has been very successful, with expected sales of $5.6 million by the end of the year. With the investment from “Shark Tank,” Beyond Sushi is planning to expand to the west coast.
Did Beyond Sushi Get A Deal On Shark Tank?
During its appearance on Shark Tank, Beyond Sushi received an offer from investors Matt Higgins and Lori Greiner for a $1.5 million investment in exchange for 30% equity on the West Coast and 15% equity on the East Coast.
However, the deal was never finalized, and Beyond Sushi decided to pause its plans for West Coast expansion. Despite this setback, the vegan chain has continued to grow and is now valued at over $10 million.
What Is Beyond Sushi’s Net Worth After Appearing On Shark Tank?
Beyond Sushi’s net worth after appearing on Shark Tank is over $10 million. Beyond Sushi appeared on Shark Tank in 2018 and asked for a $1.5 million investment for 25% equity on the West Coast and 5% equity on the East Coast. Although a deal was made with Lori Greiner and Matt Higgins, it ultimately fell through.
Despite this setback, Beyond Sushi has continued to expand and now operates six venues in New York City with one commissary kitchen supplying all the locations across the US. In early 2020, Beyond Sushi announced a new catering division called City Roots.
As of February 2023, Beyond Sushi has a net worth of $23 million USD and the founder Guy Vaknin has a net worth of $17 million USD.
Has Beyond Sushi Expanded To Other Locations?
Beyond Sushi has expanded its operations to multiple locations. It now has three locations across Manhattan, and recently opened a new full-service restaurant on the Upper East Side.
Beyond Sushi has also started a catering business called City Roots, which caters to various events such as weddings, lunches, and banquets.
Moreover, Beyond Sushi has plans to expand to the West Coast, particularly Los Angeles, with three to five additional locations in the region in the next 18 months.
The West Coast concepts will follow the model of Beyond Sushi’s 37th Street location, which offers a diverse menu and a full-service restaurant experience. Beyond Sushi’s East Coast operations generated $4 million in sales last year, and the company aims to replicate this success on the West Coast.
Beyond Sushi Competitors?
Beyond Sushi is a restaurant chain that specializes in vegan sushi and other plant-based dishes. Although Eat Purely, CHICKPEA Inc, Violettes Vegan, and Blue Lemon are considered its top competitors, they may not serve the same type of cuisine or have the same target market.
The founder, Guy Vaknin, has expanded the brand with a new Mediterranean eatery called Anixi, which offers traditional Turkish pizza, shish kabobs, and seaweed salad, among other dishes.
Beyond Sushi’s menu includes vegan sushi, Fried Chick’n Bao, Glazed Impossible Meatballs, and Ube Cashew Cheesecake. Beyond Sushi has appeared on Shark Tank and won a deal with investors Lori Greiner and Matt Higgins. The company has 22 employees and is headquartered in New York City.
Customers can order delivery from Beyond Sushi and Anixi through various platforms such as Doordash, GrubHub, and Uber Eats.
After Shark Tank, what happened to Beyond Sushi?
Beyond Sushi unveiled a new catering division City Roots in early 2020, following Shark Tank, but ambitions to expand Beyond Sushi in Los Angeles, California, have been put on hold.
Who put their money into Beyond Sushi Shark Tank?
Guy Vaknin, an entrepreneur, requested $1.5 million for 25% of the west coast and 5% of the east coast in Season 10 Episode 3.
Lori Greiner and Matt Higgins offered him $1.5 million in exchange for 30% of the west coast and 15% of the east coast.
When was the last time Beyond Sushi appeared on Shark Tank?
Chef Guy won a deal with investors Lori Greiner and Matt Higgins on ABC’s Shark Tank Season 10 in 2018.
Is Beyond Sushi still open for business?
Guy was raised in Israel by his mother and grandmother, who instilled in him a passion for cooking. He now owns and operates Beyond Sushi, a popular vegan restaurant franchise in New York City.
What is Beyond Sushi comprised of?
“Tuna,” zalmon, gobo, pickled red cabbage, and vegetables seasoned with dill, hijiki, lemon zest, and smoked pepper sauce make up their Rainbow Roll.
It’s not only lovely to look at, but it’s also delicious to eat.
Is Beyond Sushi completely vegan?
Beyond Sushi is the top vegan restaurant franchise in New York City, rethinking plant-based cuisine one plate at a time.
They’re a kosher and vegan refuge recognized for their unique sushi, globally inspired cuisines, and decadent desserts and beverages.
They are looking for a place where they can have vegan Sushi.
Vegan House, Franchia, Vegan Cafe, Shojin Organic and Natural, Kotobuki, Soy & Sake Village, Vegetarian Cafe, Tenon Vegetarian Cuisine, Beyond Sushi, and Minako Organic Japanese Restaurant are among the top ten restaurants providing vegan sushi.
What is the nutritional value of sushi?
Sushi is an extremely nutritious dish.
Because of the fish, it’s produced with, it’s a fantastic source of heart-healthy omega-3 fatty acids. Sushi has a low-calorie count and no extra fat.
Nigiri sushi is the most common variety, consisting of sticky rice fingers topped with a small filet of fish or shellfish.
Where is Beyond Sushi found?
Beyond Sushi is located in Manhattan at the Hudson Theater, 200 W. Houston Street, New York.
What is Beyond Sushi’s social media presence?
Beyond Sushi has a Facebook page and Twitter feed. They can follow them on Facebook here and on Twitter @BeyondSushiNYC.
Who founded Beyond Sushi?
Chef Guy Vaknin launched Beyond Sushi in 2012.
What is the net worth of Guy Vaknin?
Guy Vaknin’s net worth is unknown.
How do they make money?
Beyond Sushi makes money by selling sushi, Korean tacos, and other vegan dishes to the public.
What are Beyond Sushi’s products?
Oyster mushroom rolls, kimchi fried rice bowls, salads, bowls with brown rice, or Japanese soba noodles are advertised on Beyond Sushi’s online menu.
What is the price of a roll at Beyond Sushi?
Beyond Sushi charges $7.50 for 8 pieces of specialty sushi.
How much does Beyond Sushi’s franchise cost?
The minimum amount required for a franchisee to invest is $18,975 and can go all the way up to $206,200.