What Happened To Cupbop After Shark Tank?
Cupbop After Shark Tank Update: Cupbop is a Korean barbecue-style street-food brand that appeared in Shark Tank. This food is super Energetic and tasty.
Cupbop is a successful Korean barbecue food restaurant startup based in America, it is known in the United States for its unique taste.
Cupbop is originated in Utah, Salt Lake country, they slowly began to grow from there. In today’s time they are available in several places in USA.
There is a lot of competition in the restaurant franchise business, and being successful among them has not been easier than before.
What Is Cupbop?
Cupbop is an American fast-casual restaurant chain company based in the U.S. Mountain States. This food brand street food is made up of Korean barbecue, style and it tastes delicious and is Energetic.
In 2013, Junghun Song started this Cupbop after finding Korean cuisine. .They started their first food truck in salt lake country, Utah, they started slowly growing from this place.
Many make their own delicious foods using super nutrition ingredients. As of April 2022, 36 of Cupbop’s stores are available in the US.
As of April 2022, there are 36 of Cupbop’s stores available in the US.
Who Is The Founder Of Cupbop?
The founder and Chief Executive officer of the cupbop is Junghun song. The Chief Operating Officer of this brand is Dok Kwon and he manages the Korean BBQ in a cup.
They have made this brand a million-dollar business together. It’s available in the every major state of united states. The scavenger and marketing skills of the founder is the real reason for this.
Cupbop Shark Tank Update
| Company Name | CupBop Inc. | |
| Founder | Junghun Song and Dok | |
| Founded | 2013 | |
| Product | Cupbop American Fast Casual Restaurant Chain | |
| Asked For | $1 Million for a 3% Stake | |
| Final Deal | $1 Million for a 5% Stake | |
| Shark | Mark Cuban | |
| Episode (Shark Tank USA) | S13 E21 | |
| Air Date | May 2, 2022 | |
| Business Status | In Business | |
| Headquarters | Salt Lake County, Utah, United States | |
| CupBop Net Worth | $10 million | |
| Cupbop Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also Read This : What Happened To Storm Bag After Shark Tank Update?
Cupbop on Shark Tank Pitch
After entering shark tank Dok & Jung, the founder of the cupbop gave their presentation very well, also Kevin praised their presentation.
These two friends asked for $1 million from the sharks in exchange for 3% stake of their company. According to the ask, the valuation of the company is $33.3 million.
Cupbop Net Worth
According to the funding that they got from Shark Tank, the valuation of Cupbop is going to be $14 million.
The Cupbop’s worth can be around $10 million. If its sales and stores increase, then it will increase its worth. Very fast this “Korean BBQ In a Cup” company is opening its stores in different cities.
Is CupBop Still In Business?
Yes, CupBop is still in business as of November 2022.
At present time the number of employees are working in this company is 100-5000 and it is running very well. In the future, it is plan of the company to expand their stores in different countries.
from the people feedback of their food is coming positive, Which is good thing for the company. Their headquarter is in Rexburg, Idaho, and from this place, they manages big scale of business.
FAQs
Junghun Song is the Founder and Chief Executive Officer of Cupbop. Dok Kwon is the Chief Operating Officer of this brand and he manages the Korean BBQ In a Cup.
Cupbop’s net worth is estimated at $10 million.
Yes, CupBop is still in business as of November 2022.
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