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?
The brand offers boneless baby back ribs that are pre-cooked and can be quickly heated up in the microwave, oven, or on the barbecue for added flavor.
The bones are removed by hand before packaging for optimal convenience and enjoyment.
These ribs can be enjoyed in a matter of minutes, making them a convenient option for at-home meals.
Who is the Founder of De-boned Baby Back Rib Steak?
Al “Bubba” Baker, a former NFL player, is the owner of De-boned Baby Back Rib Steak.
He developed a love for barbecue, but his wife dislikes ribs because they are messy.
In order to allow his wife to enjoy ribs without the mess, Bubba spent nearly 20 years searching for a method to debone them while keeping the meat intact.
The end result is a delicious and easy-to-eat barbecue dish 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?
On Shark Tank Season 5 Episode 11, Al and his daughter Britney pitch their company, which specializes in de-boned ribs, to the Sharks.
They are seeking $300,000 in exchange for 15% ownership, valuing the company at $2 million. Al holds patents for both the de-boned ribs and the de-boning method.
The Sharks are impressed by the product and Kevin offers $300,000 for 49% of the company in exchange for licensing the patented technology.
Daymond offers $300,000 for 30% ownership, but also wants to license the product to a large meat packer.
In the end, Al chooses to accept Daymond’s offer, but only if he receives the licensing contract for the product.
What happened to De-boned Baby Back Rib Steak after the Shark Tank Pitch?
Bubba and Daymond’s partnership was successful, resulting in Bubba securing a contract and license deal.
They were featured on the show “Beyond the Tank” and later, an update on “Shark Tank” revealed that the company’s revenue had reached $16 million.
However, Bubba’s restaurant closed in October 2019 after being open for 13 years.
Despite this, the company’s ribs can still be purchased on their website and as of August 20, 2021, their annual revenue is $5 million.
De-boned Baby Back Rib Steak Net Worth
In Shark Tank Season 5 Episode 11, Al and his daughter Britney appeared seeking $300,000 in exchange for a 15% stake in their company, valuing it at $2 million.
They ultimately accepted an offer from Daymond of $300,000 for a 30% stake, lowering the valuation of the company to $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)