Bubba Q Boneless Baby Back Ribs Net Worth
During Bubba Q Boneless Baby Back Ribs’ pitch on Shark Tank, the company was valued at $2 million. However, after Daymond’s investment in the company, its value dropped to $1 million.
Despite this setback, the company has experienced significant growth in the years since the show aired. As of 2021, Bubba Q Boneless Baby Back Ribs generates an impressive $5 million in annual revenue, indicating that the company’s net worth has increased substantially over time.
What are Bubba Q Boneless Baby Back Ribs and Who is the founder of Bubba Q Boneless Baby Back Ribs?
Bubba Q Boneless Baby Back Ribs is an online company that offers a unique twist on traditional ribs by using boneless, beef short ribs instead. The result is a more flavorful and less messy BBQ experience that is perfect for families.
The founder and CEO of Bubba Q Boneless Baby Back Ribs are Al Bubba Baker, a former football player who gained a following in Cleveland thanks to his famous restaurant, Bubba’s Q.
Bubba’s Q slow smokes all their meats using apple wood until they “fall off the bone tender,” which is where Baker got the idea to market boneless baby back ribs to the public.
Each rack is deboned by hand, creating a delicious and easy-to-eat barbecue delight that Baker compares to steak rather than traditional ribs. Baker and his wife Sabrina launched a catering business specializing in southern-style Bar-B-Q cooking after retiring from professional football.
He also introduced a line of trademark sauces and dry rubs, winning over even the most jaded Bar-B-Q fans across the country. Bubba’s-Q has won several awards, including Cleveland Magazine’s Silver Spoon Award for “Best Ribs” and “Best Barbecue Restaurant” four years in a row.
Bubba’s origins in grilling can be traced back to his uncle, Daddy Jr., who taught him the family trade at Jenkins Quality Barbecue in Jacksonville, Florida, regarded as one of the best barbecue restaurants in the country.
Bubba Q Boneless Baby Back Ribs Shark Tank pitch
During an episode of Shark Tank’s fifth season, Bubba Q Boneless Baby Back Ribs founder, Al Bubba Baker, pitched his idea to the Sharks, seeking $300,000 in exchange for a 15% stake in his $2 million company.
He showcased his de-boned ribs to the Sharks, who were impressed by the product and asked several questions, including inquiries about Baker’s football career and the patented technology he used in the product.
Kevin offered $300,000 for a 49% ownership stake in the company, which would license the patented technology. Daymond, however, offered $300,000 for 30% equity shares, which Baker accepted after some thought.
After the show aired, Baker and Daymond’s deal was finalized, and Bubba Q Boneless Baby Back Ribs continued to expand. However, the company faced some challenges, and Bubba’s restaurant closed in October 2019 after 13 years of operation.
Despite this setback, the ribs are still available for purchase on the company’s website, and as of December 2021, the company has generated annual revenue of $5 million.
Competitors of Bubba Q Boneless Baby Back Ribs
The main competitor of Bubba Q Boneless Baby Back Ribs is Big Bob Gibson Bar-B-Q Restaurant, Inc.
Net Worth of Bubba Q Boneless Baby Back Ribs
During the pitch, the company was valued at $2 million, after the investment done by Daymond the company was valued at $1 million. In 2021 the company has annual revenue of $5 million. This justifies that the company’s net worth has increased.
Bubba Q Boneless Baby Back Ribs FAQs
What is Bubba Q Boneless Baby Back Ribs?
Bubba Q Boneless Baby Back Ribs is online company with concept that replaces the traditional rib bones with a boneless, beef short rib. This creates a meatier and tastier, but less messy BBQ experience that is perfect for the whole family to enjoy.
Who is the founder?
Bubba Q Boneless Baby Back Ribs is founded by Al Baker. He is a former professional NFL player who had a passion for BBQ. He worked as a corporate executive for 15 years and created the company after he retired from the NFL.
How much was asking on Shark Tank?
Baker was seeking for $300,000 for 15% in the company.
Did they have the deal?
Yes, they have the deal with Daymond.
How much was the deal?
Daymond offered $300,000 for 30% ownership of the company.
Is Bubba Q Boneless Baby Back Ribs still in business?
Yes, the deal is closed, and the product is available for purchase.
When did Bubba Q Boneless Baby Back Ribs appear on Shark Tank?
Bubba Q Boneless Baby Back Ribs appeared on episode 11 seasons 5 of Shark Tank.
What is the address of Bubba Q Boneless Baby Back Ribs?
The address of Bubba Q Boneless Baby Back Ribs is 4111 S Green Rd, Beavercreek, Ohio 45430, United States.
Is it possible to buy boneless ribs?
Although they can be sold bone-in, the bone is frequently removed so that they can be offered boneless. This cut is known as pork loin country-style ribs. These have lovely marbling and a delicious taste.
How should raw ribs be deboned?
Peel the membrane away from the slab’s bone side by releasing the stiff tissue at one end with a blunt knife and then grabbing with a dry grip of paper towel.
The challenge is to be able to grip as much of the membrane end as possible at once. It may take two peels, but it should be clean.
What is the definition of boneless baby back ribs?
The boneless pork ribs are made by cutting the tail end of a complete pork loin in half and scoring it to produce “ribs.” Consider these ribs to be lean pork chops in an unusual form. They should be cooked quickly, similar to pork chops.
What is the composition of Chinese boneless spare ribs?
Deboned spareribs are not the same as boneless spareribs. They are prepared from boneless pork buttocks (which is actually from the shoulder of the pig). The pork is sliced thickly, roasted, and then sliced into long, thin segments.
Is it possible to get boneless baby back ribs?
The Boneless Baby Back Ribs are chef-created and rib enthusiast-approved perfection without all the hassle or mess.
Is there any bone in baby back ribs?
They are simple to detect since they are shorter than spare ribs, thus the moniker “baby.” A typical slab of baby back ribs weighs around two pounds and comprises 11-13 bones. The slab will taper at one end and have a more noticeable curve where it joins the spine.
Are boneless spare ribs safe to eat?
Boneless spareribs are a popular appetizer in Chinese restaurants and provide a rich taste to kick off their dinner. They aren’t the healthiest option because they are heavy in fat and salt.
What is the net worth of Al Bubba Baker?
The net worth of Al Bubba Baker estimated at $1.5 million.
