Table 87 Pizza Shark Tank Net Worth 2023

According to SEOAves, Table 87 Coal Oven Pizza had a valuation of $2 million when it appeared on Shark Tank. As of February 24, 2023, the net worth of Table 87 Coal Oven Pizza is estimated to be $10 million.

The company has an annual revenue of $3.9 million and 22 employees. Thomas Cucco, the founder of Table 87, has a net worth of $8 million as of 2022.

What is Table 87 Pizza? Who is the founder of Table 87 Pizza?

Table 87 is the only restaurant in New York that serves coal oven pizza by the slice, while there are around a dozen other locations across the city that offer coal oven pizza but not by the slice.

The use of coal for cooking has two advantages: it’s nostalgic and produces a crispier crust than wood-burning ovens.

According to the reviews, locals love Table 87 Coal Oven Pizza, which offers a variety of toppings such as Prosciutto, Baby Arugula, Mozzarella San Marzano Tomatoes, House Made Sausage, Roasted Red Peppers, Fontana Cheese, and Wild Mushrooms.

The founder of Table 87, Thomas Cucco, who is of Italian American ancestry, has brought the classic Italian dining experience to life through his family-owned business. Since 2012, Table 87 has been operating in three brick-and-mortar locations in Brooklyn.

Table 87 is known as “The Home of the Coal Oven Slice” for a good reason. Unlike other pizzerias that serve complete pies, Table 87 revolutionized the pizza industry by serving freshly baked, real coal oven pizza by the slice.

Cucco was able to achieve this by using modern technology that produces cleaner-burning coal ovens. This technology has eliminated the soot and filth associated with the early 20th-century coal ovens, allowing for excellent pizza to be created.

In addition to their restaurant locations, Table 87 also offers frozen pizzas that can be enjoyed at home, ordered online, or purchased at supermarkets, providing easy access to their original Brooklyn coal-fired pizza pie.

Table 87 Pizza Shark Tank Pitch

Tom Cucco appeared on Shark Tank episode 706, seeking a Shark to help expand his pizza restaurant, Table 87 Coal Oven Pizza or provide funding.

His pitch began with a clip filmed at his Brooklyn location, where he described his business and the need for funds to purchase equipment to simplify operations.

During the pitch, Tom requested $200,000 in exchange for a 10% stake in his $2 million company. He introduced a never-before-seen frozen coal oven pizza, made with fresh ingredients cooked in coal ovens for 2 minutes and then flash-frozen. The Sharks were impressed with the pizza and enjoyed samples.

While Mr. Wonderful believed that the pizza business was difficult to succeed in, Tom was confident that his pizza was the best.

He had already made $260,000 in frozen pizza sales and was seeking an additional $200,000 for a commercial kitchen. He sold the pizzas to supermarkets for $6.50 each, while his business sold them for $11-$12.

Tom made it clear that the Sharks were only investing in the frozen pizza sector. Mark was interested in the potential for on-demand and online sales. Robert chose to quit the deal, and Mr. Wonderful believed the company was overvalued.

Barbara believed that Tom was pursuing too many avenues, but made an offer of $200,000 for a 30% stake in the firm, with the intention of selling single slices. Lori loved the pizza and made an offer of $250,000 for a 20% equity share in the firm with no conditions attached.

Tom countered Lori’s offer, asking for 18% equity shares, which she eventually raised to 19%. Barbara attempted to re-enter the deal, but Tom accepted Lori’s offer, leading Barbara to express disappointment.

Although the deal with Lori ultimately fell through, Tom steadily expanded his frozen pizza line, with the pizza available at hundreds of grocery shops nationwide, including Wegmans, Whole Foods, and Stop & Shop.

As of February 2022, Table 87 Coal Oven Pizza had annual revenue of $5 million and plans to continue expanding throughout the country.

Table Summary: Table 87 Pizza Shark Tank

INFORMATION	DETAILS
Company name	Table 87 Coal Oven Pizza
Founder	Thomas Cucco
Year founded	2012
Locations	3 brick-and-mortar locations in Brooklyn; frozen pizzas available in hundreds of stores and supermarkets
Unique selling point	Serves coal oven pizza by the slice
Annual revenue	$3.9 million (as of February 2023)
Net worth	$10 million (as of February 2023)
Employees	22
Shark Tank episode	Season 7, episode 6
Amount requested on Shark Tank	$200,000
Valuation during Shark Tank pitch	$2 million
Offer made by Lori Greiner on Shark Tank	$250,000 for 19% equity
Outcome of Shark Tank pitch	Deal with Lori fell through, but company continued to expand frozen pizza line
Competitors	Domino’s Pizza and Yum! Brands, Inc.

Note: The table includes information from various parts of the provided text, but some details may not be explicitly stated.

Competitors of Table 87 Pizza

The company has two main competitors, these are; Domino’s Pizza and Yum! Brands, Inc.

Net Worth of Table 87 Pizza

The company valuation was $2 million during the pitch. Since then the company has had an estimated net worth of $10 million.

Table 87 Pizza Shark Tank Updates

Table 87 Coal Oven Pizza, a pizza shop based in Brooklyn, appeared on season 7, episode 6 of Shark Tank. During the show, the owner, Tom Cucco, sought a $200,000 investment for 10% equity in the frozen coal oven pizza side of his business.

Lori Greiner offered a deal of $250,000 for 19% equity, but the deal ultimately fell through. Despite this setback, Cucco continued to slowly expand his frozen pizza line over the years. As of March 2023, Table 87’s frozen pizzas can be found in hundreds of stores and supermarkets.

The company’s net worth is estimated to be $10 million. Table 87’s pizzas have received media attention from various outlets such as the Food Network, Wirecutter, and Eater. Customers can purchase frozen pizza at local stores and online.

Table 87 Pizza FAQs

What Happened To Table 87 Pizza After Shark Tank?

Table 87 Coal Oven Pizza appeared on the television show Shark Tank in season 7, episode 17, where founder Tom Cucco presented his business to the Sharks. Lori Greiner offered $250,000 for a 19% stake in the company, but the deal ultimately did not go through.

However, Cucco continued to slowly grow his frozen pizza line in the years that followed. As of March 2023, Table 87’s frozen pizzas are available in hundreds of grocery stores, including Whole Foods, Wegman’s, and Stop & Shop.

Table 87’s pizzas have been featured in various media outlets, including Food Network, Wirecutter, and Eater. The company’s net worth is estimated to be $10 million as of 2022. Despite not securing a deal with a Shark, Table 87 has continued to expand its reach in the frozen pizza market and grow as a company.

What Was The Outcome Of The Deal With Lori In Table 87 Pizza?

The deal between Lori Greiner and Table 87 Pizza on Shark Tank was for $250,000 in exchange for 19% equity in the company, with no conditions attached. However, the deal eventually fell through.

Despite this setback, owner Tom Cucco continued to expand his frozen pizza line over the years, and as of March 2023, Table 87 Pizza is still in business with an annual revenue of $5 million.

Tom Cucco’s frozen pizzas can now be found in many grocery stores, including Wegman’s, Whole Foods, and Stop & Shop. He also launched an online store within a few weeks of the Shark Tank episode airing. The pizza is available for purchase as whole pies or slices.

 

During the Shark Tank episode, Lori Greiner, Barbara Corcoran, and Kevin O’Leary all made offers. Ultimately, Tom Cucco accepted Lori’s offer of $250,000 for a 19% equity share in the company with no conditions attached.

Lori loved the pizza, while Barbara intended to sell single slices, and Kevin offered $200,000 with a $0.25 royalty per slice until he recouped $600,000 with no equity.

How Has Table 87 Pizza Grown Since Appearing On Shark Tank

Table 87 Pizza has expanded its frozen pizza line and now has products available in hundreds of grocery stores, including Wegman’s, Whole Foods, Stop & Shop, and more.

The company is also becoming an Official Shark Tank Product and plans to expand to more supermarkets in the near future.

The frozen pizza line was inspired by Tom Cucco’s successful pizza parlors, which specialize in coal oven pizza. Despite not closing a deal with Lori Greiner on Shark Tank, Cucco continued to grow his pizza company and its frozen pizza line.

Table 87 Pizza’s unique selling point is its coal oven pizza, which has been a tradition in Brooklyn since Gennaro Lombardi sold the first pizza there in 1905.

The company’s success is attributed to its story, location, and unique cooking techniques using a coal-fired oven.

What Is The Estimated Net Worth Of Table 87 After Shark Tank?

As of February 2023, the estimated net worth of Table 87 Coal Oven Pizza is $10 million. During its appearance on Shark Tank in 2015, Table 87 had a valuation of $2 million. Since then, the company’s net worth has increased significantly.

The company has an annual revenue of $3.9 million and 22 employees. The founder of Table 87, Thomas Cucco, has a net worth of $8 million as of 2022.

Table 87 Coal Oven Pizza is a Brooklyn-based pizza restaurant that offers coal oven pizza by the slice. The company also sells frozen pizzas that are delivered nationally.

During its appearance on Shark Tank, Thomas Cucco sought funding to expand his pizza restaurant and purchase equipment to simplify operations. Since then, the company has grown significantly, with an estimated net worth of $10 million in 2023.

Where Can You Buy Table 87 Frozen Pizzas Today?

Table frozen pizzas can be purchased in several ways.

Firstly, they can be found in local supermarkets using the store locator on the Table website.

Secondly, they can be ordered for delivery via Instacart.

Thirdly, they can be shipped nationwide through Goldbelly.

Finally, they can be purchased on Amazon or Stop & Shop.

It is important to note that Table is a Brooklyn-based pizza shop that specializes in coal-fired pizza. They have two locations in Brooklyn, where they serve pizza by the slice. Frozen pizzas are made with the same coal-fired technique and are available in several flavors, including Margherita.

What Makes Table 87’s Frozen Pizza Unique Compared To Others?

Table’s frozen pizza is unique compared to others because it is sold by the slice, making it convenient for those who might live alone, don’t cook, don’t order out, want good pizza, and don’t want to make an entire frozen pizza for themselves.

Each slice is an ample New York-style slice, bigger than a normal-size head. The Margherita variety is the only one available in slice form, while pepperoni, mushroom with white truffle oil, and prosciutto are options in the frozen whole-pie varietal.

The owner Thomas Cucco has frozen pizza that is superior to others due to a technique that cooks it for two minutes. The pizza is handmade with high-quality ingredients, including dough, sauce, cheeses, and meats.

The crust has a stronger tang, which is a good thing for New York-style pizza. The Coal Oven Margherita Pizza includes a crispy crust that’s slightly charred, a tangy San Marzano tomato sauce, house-made mozzarella, fresh basil, and a drizzle of olive oil.

However, a review from the New York Post found that the frozen slice of Table’s coal-oven pizza sold at Whole Foods for $4.99 was not as good as fresh pizza. The tomato sauce was flavorless, and the mozzarella had a rubbery texture.

Despite this, a review from the Table’s website claims that their frozen pizza is the best-frozen pizza you can buy and is easily, and quickly prepared, tastes equivalent to a fresh-made pizza, and possibly better.

Who is the founder?

Tom Cucco was the founder in 2009. His company specializes in a Brooklyn-style crust, low-moisture mozzarella cheese, and signature tomato sauce.

How much was seeking on Shark Tank?

Tom was seeking for $200,000 for a 10% stake in his company.

Did he have the deal?

Yes, he has a deal with Lori Greiner of $200,000 for 19% ownership of the company.

Is Table 87 Pizza still in business?

Yes, the company is still in business with annual revenue of $5 million.

Is Table 87 Pizza available for purchase?

Yes, customers can purchase frozen pizza at local stores and online.

How can I contact Table 87 Pizza?

The best way to contact the company is to visit its website at table87.com.

What is the recommender temperature of Table 87 Pizza?

The pizzas are baked in a vintage coal-fired oven at temperatures of 900 degrees Fahrenheit.

Where is Table 87 Pizza located?

The company is based in Brooklyn.

How often does Table 87 Pizza deliver?

The pizzas are available for a limited delivery area at select locations. Some areas are New York City, Long Island, and Connecticut.

What is the price of Table 87 Pizza?

Customers can purchase the pizza for $6 to $12.50 per slice or a whole pie.

What is the size of pizza offered by Table 87 Pizza?

Customers can purchase frozen pizzas in 3 to 14’res sizes.

What is the shipping cost of Table 87 Pizza?

Shipping cost is $2.50 for the contiguous US States and most of Canada.

Are there any side effects from eating the pizza?

Yes, each slice contains about 200 calories so order no more than two slices at a time.

Is Table 87 Pizza vegan-friendly?

Yes, the pizzas are vegan-friendly and gluten-free. Some stores do not accept credit cards and do not have delivery.

What is Table 87 Pizza made of?

The company uses quality cheese and low-moisture mozzarella cheese. The tomato sauce is made with vine-ripened tomatoes, and the crust is a Brooklyn Style type of dough.

What is the net worth of Thomas Cucco?

The net worth of Thomas Cucco is unknown.