Chopstick Art Shark Tank Net Worth 2023

In season 1 episode 3 of Shark Tank, Bryan offered a 10% stake in his company, Chopstick Art, which was valued at $1 million.

What is Chopstick Art?

Chopstick Art offers an assortment of home goods made from upcycled chopsticks, including trivets, baskets, and other items. Each item is priced according to the amount of labor required to create it, making the prices variable.

These innovative products not only serve a practical purpose, but they also aid in environmental preservation. By repurposing the billions of disposable chopsticks that end up in landfills each year, this approach helps to reduce waste and fight climate change.

Studies indicate that billions of single-use chopsticks are consumed annually, requiring an estimated 25 million trees and bamboo plants to meet the demand. Given that these chopsticks are only used for about 15 minutes before being discarded, this represents a significant waste of resources and energy.

However, due to the uniform nature of chopsticks, they lend themselves well to creating a variety of functional products and artistic designs.

The founder of Chopstick Art is Brian Parks from Eugene, Oregon. He was inspired to create his company while dining with a friend in China and learning about the vast quantity of chopsticks that are thrown away each year. Brian collects used chopsticks from restaurants, sanitizes them at high temperatures, and transforms them into beautiful and practical Chopstick Art products.

What happened to Chopstick Art at the Shark Tank Pitch?

In exchange for a 10% stake in Chopstick Art, Bryan made an appearance on season 1 episode 3 of Shark Tank, with a valuation of $1 million. During his pitch, Bryan shared that billions of chopsticks are discarded each year, and his product offers a sustainable solution.

When asked about his sales, Bryan reported that he had made around $500,000 in sales over five years, with an investment of $100,000. Despite making around $300,000 in sales with little marketing, the Sharks were not impressed with the “nice-to-have” nature of his product and all chose to pass on the investment opportunity.

After the show, Bryan continued to run his business and sell his products on his website and to wholesale merchants. While he did not achieve the success he had hoped for on Shark Tank, he is still in business and reportedly earns around $200,000 per year as of November 2021, doing what he loves.

Chopstick Art Net Worth

Bryan appeared on Shark Tank season 1 episode 3 in exchange for a 10% stake in Chopstick Art. This equates to a $1 million valuation.

Chopstick Art Competitors

There is no competitor identified for Chopstick Art.

Chopstick Art FAQ

What is Chopstick Art?

Chopstick Art is a range of recycled chopstick baskets, trivets, and other home goods. Handbags, baskets, and soap dishes are among the goods.

Each commodity is sold at a variable price based on the amount of work required to produce it.

What are Chopsticks?

Chopsticks are a pair of thin sticks used to eat food in countries such as China, Japan and Korea.

Who is the founder of Chopstick Art?

Chopstick Art is the brainchild of Brian Parks of Eugene, Oregon.

How did he came up with the ideal?

He came up with the idea for his firm while dining with a buddy in China. When he discovered that billions of chopsticks are tossed each year, he resolved to build something valuable out of the abandoned utensils.

How much was he seeking in the Shark Tank?

He was seeking $1 million for a 10% stake in his firm.

How did he do in the Shark Tank?

He was rejected by all the Sharks on the show.

How much money is Chopstick Art making now?

Bryan earns around $200,000 per year as of November 2021.

Is Chopstick Art still in business?

While the business did not generate millions of dollars, Bryan is living the dream: doing what he loves while earning a living!

He is still in company and earns around $200,000 per year as of November 2021.

When was Chopstick Art featured on Shark Tank?

Chopstick Art appeared on season 1 episode 3 on August 23rd 2009.

Is Chopstick Art profitable?

The business is not very profitable. It earns around $45,000 per year. Only in November 2021 did it reach profitability at around $200,000 per year.

Where is Chopstick Art located?

Chopstick Art is located in Eugene, Oregon, United States.

What products does Chopstick Art have?

It has baskets and other things shaped from recycled chopsticks. The company also makes handbags, trivets, soaps dishes and other home goods made from chopsticks.

What payment methods do Chopstick Art accepts?

The firm accepts payment through PayPal as well as credit cards.

What is the net worth of Brian Parks?

Brian Parks’s net worth is unavailable.

What is the Chopstick Art’s social corporate responsibility?

Not only are the items innovative, but they also contribute to environmental conservation.

Reprocessing the over a billion pairs of chopsticks that wind up in landfills is an effective approach to reduce trash and combat climate change.

What is Company website?

The Company’s website is www.chopstickart.com.