Project Pollo Shark Tank Net Worth-What Happened to The Players Trunk After the Shark Tank Pitch?
What is Project Pollo Shark Tank’s Net Worth?
Project Pollo company was valued at $50 million when Bradbury appeared on Shark Tank in September 2021, but the sharks did not offer him a deal. As of 2023, Project Pollo estimated net worth is unknown
It is a vegan fast-food chain founded by Lucas Bradbury that has grown to 13 locations in Texas and 8 more branches in places such as Colorado, Boulder, Arizona, and Las Vegas by the end of 2022.
The company has an average rating of 4.5 stars from 165 reviews on Yelp and makes an estimated $10 million in annual revenue. Bradbury’s goal is to expand his chain across the country by 2024.
Table Summary: Project Pollo Shark Tank
| INFORMATION | DETAILS |
| Name | Project Pollo |
| Founder | Lucas Bradbury |
| Founded | 2020 |
| Type | Plant-based fast-food restaurant chain |
| Locations | 12 brick-and-mortar units and two food trucks in Texas |
| Expansion plan | Boulder, Colorado; Las Vegas; Arizona; Nashville; Atlanta; Tampa; and Miami |
| Menu | Meatless chicken sandwiches made from TiNDLE and burgers from Beyond Meat |
| Net worth | $50 million (estimated) |
| Annual revenue | $10 million (estimated) |
| Shark Tank appearance | Bradbury appeared on Shark Tank in September 2021, seeking $2.5 million for 5% equity, but the Sharks did not offer him a deal due to the company’s $50 million valuation. |
| Recent Updates | In April 2023, Project Pollo was acquired by a national franchise group, and the San Antonio-based chain closed its locations. However, Bradbury opened a new restaurant called Side Chicks in February 2023, featuring the company’s signature vegan-friendly menu along with some non-vegan options. |
| Charitable initiatives | Project Pollo has been actively involved in charitable initiatives, including providing free meals to those in need during the COVID-19 pandemic. |
| Founder’s goal | The founder’s goal is to expand the chain across the country by 2024. |
| Proprietary plant-based chicken recipe | The company’s proprietary plant-based chicken recipe has received positive feedback from the Sharks on Shark Tank. |
| Pay what you can option | The menu features a “pay what you can” option, which allows customers to pay what they can afford for their meals. |
| Employee benefits | Project Pollo pays workers $15 per hour with fully paid medical insurance and other benefits. |
| Expansion through franchises | Project Pollo is planning on offering franchises by 2023. |
| New brand | Bradbury has been testing a new brand called Side Chicks, which serves real chicken. |
| Criticism for new brand | The move has received criticism on social media, but Bradbury explains that it was necessary to keep the business viable. |
Project Pollo Shark Tank Updates
Project Pollo is a plant-based meat fast-food chain that offers vegan chicken and plant-based meat with a focus on affordability and accessibility. The company’s proprietary plant-based chicken recipe has received positive feedback from the Sharks on Shark Tank.
Project Pollo began as a food truck before expanding to brick-and-mortar restaurant locations. As of August 2022, the company had 20 locations.
In the Shark Tank episode, Lucas Bradbury, the founder of Project Pollo, sought $2.5 million for 5% equity, but the Sharks were not interested in investing due to the company’s $50 million valuation. The Sharks liked the taste of the samples but thought the valuation was too high.
In April 2023, Project Pollo was acquired by a national franchise group, and the San Antonio-based chain closed its locations. However, Bradbury opened a new restaurant called Side Chicks in February 2023, featuring the company’s signature vegan-friendly menu along with some non-vegan options.
How Does Project Pollo Works?
Project Pollo is a vegan fast-food restaurant chain that was founded in San Antonio in 2020. The chain offers a unique, soy-based chicken analogue that is made using a proprietary blend of textured soy and vegetable protein.
The chicken analogue is used in a variety of dishes, including chicken sandwiches, Caesar wraps, and breakfast burritos. Project Pollo also offers a limited breakfast menu that includes a Chikn Burrito, a Chikn-and-waffle dish, and Mini Chikns on biscuits.
Project Pollo’s founder, Lucas Bradbury, sold his house to launch the concept, which is on track to open 12 locations in its first year. The chain focuses on delivering a product at a low price point with low overhead, hence its focus on second-generation restaurant sites.
Project Pollo pays workers $15 per hour with fully paid medical insurance and other benefits. The chain has 12 brick-and-mortar units and two food trucks in Texas, and eight more locations are planned for the remainder of 2022.
The chain will debut in Boulder, Colorado, and Las Vegas within four weeks of each other, and another will debut in Arizona. Next year, Project Pollo will enter Nashville, Atlanta, Tampa, and Miami.
Recently, Bradbury has been testing a new brand called Side Chicks, which serves real chicken. The move has received criticism on social media, but Bradbury explains that it was necessary to keep the business viable.
If successful, Bradbury said he is considering expansion, though it’s not clear whether adding the real-chicken option to the menu at Project Pollo’s 14 locations across Texas is being considered.
What Is The Current Valuation Of Project Pollo?
As of 2023, Project Pollo is estimated to be worth $50 million. The founder, Lucas Bradbury, valued the company at $50 million when he appeared on Shark Tank in September 2021. Since then, the company has continued to expand and has several locations in Texas.
Project Pollo is America’s fastest-growing vegan fast-food chain that provides affordable access to plant-based alternatives to Americans. The company started in 2020, serving only meatless chicken patties, and has since expanded its menu.
In less than two years, they opened ten locations in Texas and were forecasting $10 million in revenue.
Project Pollo has experienced tremendous growth and success since appearing on Shark Tank. They have secured additional funding and partnerships, leading to an estimated net worth of $50 million.
The company has been actively involved in charitable initiatives, including providing free meals to those in need during the COVID-19 pandemic. Project Pollo is planning on offering franchises by 2023. The goal of the founder is to expand his chain across the country by 2024.
In conclusion, Project Pollo is estimated to be worth $50 million as of 2023. The company has continued to expand and has several locations in Texas. The founder’s goal is to expand the chain across the country by 2024.
Project Pollo has experienced tremendous growth and success since appearing on Shark Tank and has been actively involved in charitable initiatives.
What Is Project Pollo? Who Is The Founder Of Project Pollo?
Project Pollo is a plant-based fast-food restaurant chain that was founded in San Antonio, Texas in 2020. The company’s mission is to create a foundation for sustainable consumption while providing a platform and opportunity to facilitate a change in mass consumption.
Project Pollo offers meatless chicken sandwiches made from TiNDLE and burgers from Beyond Meat. The menu features a “pay what you can” option, which allows customers to pay what they can afford for their meals.
Project Pollo has 12 brick-and-mortar units and two food trucks in Texas, with plans to expand into Boulder, Colorado; Las Vegas; Arizona; Nashville; Atlanta; Tampa; and Miami.
The company plans to franchise its business after receiving interest from as many as 250-300 people per day, thanks in part to the publicity it received on Shark Tank.
Lucas Bradbury is the founder and CEO of Project Pollo, a vegan fast-food chain that serves plant-based versions of fast-food items including chicken burgers.
Bradbury founded Project Pollo in 2020 with the mission of creating a foundation for sustainable consumption while providing a platform and opportunity to facilitate a change in mass consumption.
He sold his house to get the capital to build a foundation for the first two locations, starting with the food truck at Roadmap Brewing and the location in Austin.
Project Pollo has grown quickly, with more than a dozen restaurants across Texas in just one year. Bradbury valued his company at $50 million when he appeared on Shark Tank in September 2021. As of May 2022, Project Pollo is expected to have about 22 restaurants open by the end of the year.
What Happened To Project Pollo At The Shark Tank Pitch?
Lucas Bradbury appeared on the television show Shark Tank and asked for $2.5 million in exchange for a 5% ownership stake in his business, Project Pollo.
The goal of the business is to make plant-based foods more accessible to people. The sharks tried the food samples and found them tasty.
Kevin, also known as Mr. Wonderful, was impressed with Lucas but was not willing to invest at the proposed valuation, so he declined. Mark did not believe that the food was healthy and he also disagreed with the proposed valuation, so he opted not to invest.
Kevin Hart thought that Lucas was moving too fast and therefore, chose not to invest. Barbara likened Lucas’ business to Tom and Chee, which went bankrupt due to their rapid growth. Therefore, she also decided not to invest.
Lori expressed uncertainty about the rapid growth of the business and declined to invest as well. In the end, none of the sharks chose to invest in Lucas’ business.
What Happened To Project Pollo After The Shark Tank Pitch?
Project Pollo is a vegan chicken and plant-based meat chain that was pitched on Shark Tank by its founder, Lucas Bradbury. During the pitch, he asked for $2.5 million for a 5% stake in his business, which gave Project Pollo a valuation of $50 million.
The sharks were impressed with the taste of the samples but were not willing to invest at such a high valuation. Despite not getting a deal on Shark Tank, Project Pollo continued to expand and grow. As of August 2022, it had 19 restaurants all over Texas and was planning on launching more shortly.
Project Pollo has been featured in various magazines, including QSR Magazine and San Antonio. It is still in business and doing great.
In 2023, it planned to offer franchises by 2023 and had planned a university program for the end of that year. The goal of the founder is to expand his chain across the country by 2024.
Is Project Pollo Still In Business?
Yes, Project Pollo is still in business. According to their website, they are a 100% plant-based fast-food chain with a focus on affordability and accessibility. As of September 2022, they have expanded to 20 locations.
They also have plans to expand outside of Texas. Despite not receiving an investment from the sharks on Shark Tank, Project Pollo continues to grow and serve their customers with their proprietary plant-based chicken recipe.
