De-boned Baby Back Rib Steak Shark Tank Update| What happened to De-boned Baby Back Rib Steak after the Shark Tank Pitch?
What is De-boned Baby Back Rib Steak?
It is a brand of boneless baby back ribs that can be microwaved and consumed quickly (compared to baby back ribs with bones).
Consumers may now eat these completely cooked pork ribs with a knife and fork in their own kitchen just as quickly as anything else they toss in the microwave.
The bones are hand-removed before packaging to ensure the best possible experience.
You can also cook these boneless ribs in the oven or on the barbecue for more flavour.
They will heat up fast because they are pre-cooked, in around three to five minutes on each side.
Who is the Founder of De-boned Baby Back Rib Steak?
Al “Bubba” Baker is the owner of De-boned Baby Back Rib Steak. Bubba did his job by playing in the NFL for 13 years. However, barbeque is his love; unfortunately, he married a woman who dislikes ribs because they are too dirty.
So Bubba resolved to find a method for his wife to enjoy ribs without the mess that comes with them.
Bubba discovered the perfect technique to remove the bone from the ribs after nearly 20 years of seeking, and they debone a real slab of ribs, keeping the flesh intact, so everyone may enjoy ribs with a knife and fork.
The end product is a delectable, easy-to-eat barbecue delight that he compares to a steak rather than a rack of ribs.
What Happened to De-boned Baby Back Rib Steak at the Shark Tank Pitch?
Al appears on Shark Tank Season 5 Episode 11 with his daughter Britney, seeking $300,000 in return for 15% ownership of his company. This equates to a $2 million valuation.
He describes his love of grilled ribs and how much his wife despises the mess.
While reheating ribs in the microwave, he describes how his wife’s dislike of dirty ribs compelled him to devise a method for de-boning them after cooking.
He gives out samples of the ribs once they’re done, and the Sharks go crazy for them.
They inquire about his football career while he is eating, and then the real inquiries begin.
Kevin wants to know if the product contains any confidential information.
Al holds two patents: one for de-boned ribs and the other for the de-boning method.
Mr. Wonderful claims he’s never seen a food product patent in the Tank.
He’s made $154,000 in sales this year and has ribs available in 48 locations.
Barbara inquires as to why it took him so long to get started, and he responds that his daughter pushed him when she stated her desire to leave track. “You gave up on your ribs,” she remarked, inspiring Bubba to start the company. Britney is now his partner.
Kevin decides to make a $300,000 offer for 49 percent of the company in exchange for licensing the patented technology.
He claims he will contact the largest meat packer in the United States and negotiate a contract. Daymond refers to Kevin as a “greedy savage” and offers $300,000 for 30% ownership because he adores ribs.
Bubba, according to Robert, is paying a lot of money for a phone call that he could effectively make on his own, and he is the first Shark out of the deal.
Barbara says she could transfer the goods into some large box retailers, such as warehouse stores like Costco, Sam’s Club, and B.J.’s, but the proposals from Kevin and Daymond are considerably more practical, so she heads out.
Mark agrees with Barbara, stating that the firm is too tiny and that his true interest as an investor would be in the licensing play because he is wanting to earn money rather than becoming unduly committed to the product.
Bubba thinks about the proposition for a time, and while he appreciates Kevin’s offer, he accepts Daymond’s offer of a $300,000 cash investment in return for 30 percent of the firm, but only if Bubba receives the licensing contract with whoever Daymond wants to license out to.
What happened to De-boned Baby Back Rib Steak after the Shark Tank Pitch?
Bubba and Daymond’s plan worked out, and Bubba was able to land the contract with Daymond and get a license deal.
Beyond the Tank Episode 1 profiled the firm. For a complete summary, go HERE.
Shark Tank Season 8, episode 823 has a second update. Daymond and Bubba discuss the company’s booming revenues, which have reached $16 million too far!
Bubba’s restaurant closed in October 2019 after 13 years in operation. That’s how long he was a football player.
The ribs are still available for purchase on the company’s website. Annual revenue is $5 million as of August 20, 2021.
De-boned Baby Back Rib Steak Net Worth
Al appears on Shark Tank Season 5 Episode 11 with his daughter Britney, seeking $300,000 in return for 15% ownership of his company.
This equates to a $2 million valuation. He accepted an offer from Daymond of $300,000 for 30% stake which brings valuation to be $1 million.
De-boned Baby Back Rib Steak Competitors
There is no competitor identified for De-boned Baby Back Rib Steak.
De-boned Baby Back Rib Steak FAQS
What is De-boned Baby Back Rib Steak?
De-boned Baby Back Rib Steak is a de-boned slab of ribs tenderized just right and lightly smoked. All the bones are hand-removed before cooking to ensure the best possible experience.
It’s an easy to eat, easy to grill slabs of ribs with no mess or clean-up required.
Who created De-boned Baby Back Rib Steak?
Al “Bubba” Baker is the owner of De-boned Baby Back Rib Steak.
How much was he seeking in the Shark Tank?
He was asking $300,000 for 15% equity in the company.
Did he get the deal from the Shark Tank?
He accepted an offer from Daymond of $300,000 for 30% stake which brings valuation to be $1 million.
Is De-boned Baby Back Rib Steak still in business?
Yes. De-boned Baby Back Rib Steak is still in business, with annual revenue of $5 million as of August 21, 2021.
Where is De-boned Baby Back Rib Steak located?
De-boned Baby Back Rib Steak is located in Avon, Ohio.
How does Bubba debone his ribs?
Their delectable Boneless Ribs begin as a slab of ribs, and then the bones are carefully removed, leaving nothing but soft flesh to be eaten with a fork and knife.
What happened to Bubba’s Q?
AVON, OHIO (AP) – After more than 13 years in operation, Avon’s Bubba’s-Q restaurant announced its closure on Monday.
Former NFL defensive lineman Al “Bubba” Baker started the sports-themed BBQ eatery, but he achieved great success after participating on ABC’s Shark Tank in 2013.
What team did Bubba Baker play for?
Al “Budda” Baker (born January 10, 1996) is an American football safety for the National Football League’s Arizona Cardinals (NFL).
He was drafted by the Cardinals in the second round of the 2017 NFL Draft after playing college football for the Washington Huskies.
What happened to Bubbas boneless ribs?
When asked why he’s been doing this for 20 years but only selling for one year, Bubba reveals that he quit at one time.
His daughter assisted him in reigniting his enthusiasm for ribs and moving on with the product.
Where can they buy?
The ribs are still available for purchase on the company’s website.
What is annual sales for De-boned Baby Back Rib Steak?
Annual revenue is $5 million as of August 20, 2021.
What is the net worth of Al ‘Bubba’ Baker?
Al ‘Bubba’ Baker’s net worth is $1.3 million (2022)