What Happened to Table Jacks after the Shark Tank Pitch? Table Jacks Shark Tank Update
What is Table Jacks?
Table Jack is a patented device that steadies a shaky bar table. It is built into one leg of the table and works like a foot-operated jack.
It eliminates the need to use unsightly items like folded napkins or matchbooks to stabilize the table. The package includes the Table Jack, as well as washers, screws, and glides.
The Jack is attached to one leg and the three glides are screwed to the other three legs.
Who is the Founder of Table Jack?
Steve Christian, the owner of Christian’s Tailgail Bar & Grill in Houston, Texas, created Table Jack. He has been in the restaurant industry for 26 years and his establishment was recently named the best in Houston for burgers.
In 2015, he also started Chill Solutions, a company that produces items for the service industry.
With his extensive experience as a restaurant owner and understanding of customer needs, Steve identified the issue of unstable tables as a problem in the dining experience.
To solve this, he invested a significant amount of money to design and develop Table Jack, which is based on the design of a vehicle jack.
He officially introduced Table Jack as a product in 2011 and has been selling it to notable restaurants.
What Happened to Table Jacks at the Shark Tank Pitch?
Steve appeared on Shark Tank seeking $100,000 for a 25% stake in his company, which he valued at $400,000.
He explained that the most common complaint in the restaurant industry is wobbly tables, and demonstrated a device, called Table Jack, that he had developed to address this issue.
He claimed to have received inquiries from all over the world and shared that his company had generated around $200,000 in revenue over the past two years. However, the Sharks were not impressed and ultimately decided not to invest.
What Happened to Table Jacks after the Shark Tank Pitch?
Three years later, Christian continues to sell Table Jack online and has expanded his offerings to include new products for the food service industry, such as the Bucket Chiller, a container with six separate openings designed to keep bottles of beer chilled for an extended period of time.
As of August 2021, the company is still in business and has generated millions of dollars in sales to multiple national restaurant chains, including Olive Garden, TGI Fridays, and Ruth’s Chris Steakhouse. The company’s annual revenue is currently $2 million.
What is the Net Worth of Table Jacks?
Steve sought $100,000 for a 25% stake in his company, equating to a $400,000 valuation, on Season 6 Episode 4 of Shark Tank.
The current valuation of the company is evidently higher than the amount he was seeking on the show.
Who are the Competitors of Table Jacks?
There are no competitors identified for Table Jacks.
Table Jacks FAQS
What is Table Jacks?
Table Jack is a device that helps to steady a shaky bar table. The patented device is built into the leg of a table and functions similarly to a foot-operated jack.
It’s an alternative to bending down and stuffing an unsightly folded napkin or book of matches under a table leg.
Who founded Table Jacks?
Table Jack was created by Steve Christian, the proprietor of Christian’s Tailgail Bar & Grill in Houston, Texas.
How much was he seeking in the Shark Tank?
Steve appeared on Shark Tank Season 6 Episode 4 in search of $100,000 in exchange for a 25% stake in his company.
Did he get the deal from the Sharks?
Steve exited the Tank with no Sharks DEAL.
What was the valuation of Table Jack in Shark tank?
On Shark Tank, Steve valued his company at $400,000.
Is Table Jacks still in business?
Yes, Table Jack is still in business and has sold millions of dollars’ worth of items to dozens of national restaurant chains, including Olive Garden, Fridays, Ruth Chris Steakhouses, and more. The company’s annual revenue is $2 million.
What is the website address of Table Jacks?
The website address of Table Jacks is www.tablejacks.com
Where is Table Jacks located?
Table Jacks is located in Houston, Texas.
How much does Table Jacks cost?
Table Jacks now costs $18.50 a pack for a restaurant. However, it only costs $3.50 to manufacture.
When was Table Jacks aired on Shark Tank?
Table Jacks was aired on Shark Tank Season 6 Episode 4 on October 10, 2014.
Is Table Jacks available on amazon?
Yes, Table Jacks is available on amazon.
When was Table Jacks launched?
Table Jacks was launched in 2011.
Where is Table Jacks made?
Table Jacks is made in USA.
What is the net worth of Steve Christian?
Steve Christian’s net worth is unavailable.
Is Table Jacks a patented product?
The Table Jack has a patented mechanism to easily stabilize table bases while eliminating the annoying wobbling that comes with most restaurant type tables.
What is the company’s warranty policy?
Table Jacks warrants to the original owner-user that this Table Jacks product is free of material or workmanship defects.
This warranty is limited to one year from the date of original purchase, even if actual use begins on that date or not.