What Happened to Bertello Pizza Oven After the Shark Tank Pitch?
What is Bertello Pizza Oven?
The Bertello Pizza Oven is a portable outdoor oven that can reach temperatures of 930°F. It runs on wood, charcoal, or pellets.
The oven’s walls, ceiling, and floor are all entirely insulated. Each oven comes with a Cordierite Baking Stone and an optional Bertello Propane Gas Burner.
Bertello is the new name for the Napoli Pizza Oven, which was formerly known as the Napoli Pizza Oven. The gadget is a compact outdoor pizza oven that may be powered by gas, charcoal, or wood. It makes Neapolitan pizza in less than 90 seconds.
The bulk of outdoor pizza ovens are massive, unreasonably expensive, and stationary.
The Bertello oven is very portable because it is scarcely larger than a large pizza. It claims to heat to 900°F, resulting in a crispy-on-the-outside, soft-on-the-inside pizza crust.
Who is the Founder of Bertello Pizza Oven?
Bertello Pizza Oven was founded by Andy Bert and Eric Bert.
They made their first sales in July 2019 after a successful Kickstarter campaign that raised $207,267.
Separately, an Indiegogo campaign received $216,071 in funding from 781 donors. While delivery troubles were a major worry at initially, they looked to have been remedied and their product arrived. In addition to pizza, you may bake meats in the oven.
Bertello only sells on Amazon. A pizza stone oven will set you back $250. The propane converter attachment costs $84 and the pizza peel (used to slide the pizza into and out of the oven) costs $25.
There are numerous additional low-cost pizza ovens on the market, as well as some more costly ones.
What Happened to Bertello Pizza Oven at the Shark Tank Pitch?
Andy and Eric pitch Shark Tank for $120,000 in exchange for 10% of their company. This equates to a $1.2 million valuation.
They show off their oven and make some pizza. It’s a silly pitch that makes the Sharks chuckle when Andy slams a pizza in Eric’s face. Kevin describes it as “great terrible theatre.”
They summon Kevin to the kitchen to prepare a pizza while the rest of the Sharks dine. His pizza cooks in about two minutes. The pizza is a favourite among all of the Sharks.
They are the only multifuel pizza oven on the market.
They sell them for $250, but it costs an extra $84 to land them. The net margins are 33%.
This year (2019), they sold $640,000, largely on Amazon, with $400,000 arriving in the final three months.
They have invested $90,000 of their own money and borrowed $70,000 for inventory at the beginning of the year, which they have recently returned.
Eric, a structural engineer, owns 80% of the company, while Eric, a finance specialist, owns 20%.
Mark sees it as a consumer product and does not want to be involved in the business; therefore, he departs.
Robert likes the pizza but isn’t very enthused about it; he’s leaving.
Barbara likes the pizza as well and wonders what happened to his energy level. She adores the product, though, and is ready to spend $120,000 for a 25% ownership.
Kevin has claimed that he would back this as “Chef Wonderful” and has given $120,000 for a 30% share.
Mr. Wonderful counters at 25%, and they strike an arrangement with Kevin.
What Happened to Bertello Pizza Oven After the Shark Tank Pitch?
Kevin’s contract appeared to have finished. The item is still a best-seller on Amazon. As of June 2021, they earn around $3 million in annual sales.
The firm receives an update segment in episode 1307. According to the updates, they sold $75,000 worth of stuff in the first 24 hours after the show aired. The Covid-19 pandemic lockdowns began three days later.
They shifted significantly to digital marketing, which resulted in higher income. In their first year pitching to the Sharks, they made $640,000. (2019). After 16 months, their sales had increased to $6.3 million.
Kevin plays “Chef Wonderful,” and he boasts that they have sold thousands of copies on QVC. Andy and Eric urge companies to fall in love with what they’re making.
The most rewarding feature of their ovens, they think, is how they bring people together.
What is the Net Worth of Bertello Pizza Oven?
Andy and Eric pitch Shark Tank for $120,000 in exchange for 10% of their company. This equates to a $1.2 million worth.
They accepted Kevin O’Leary’s offer of $120,000 for 25% of the company, valuing it at $480,000.
Who are the Competitors of Bertello Pizza Oven?
Fyra, Ooni Bertello Pizza Oven’s competitor is 12 Wood Pellet Pizza Oven.
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Bertello Pizza Oven FAQS
How did Bertello’s pizza oven end up?
The Bertello pizza oven is now available solely on Amazon, where it has seen rapid growth in recent months, earning $400,000 in only three months.
How long does it take for a Bertello pizza oven to make a pizza?
The Bertello oven, according to popular perception, takes between 15-20 minutes to achieve a temperature of over 900F – and that is in colder climates.
What are the possibilities for cooking in a Bertello pizza oven?
In addition to pizza, they can make a variety of other cuisines such as fish, meat, vegetables, and dessert pies.
They provide a number of packages that allow people to cook with wood, charcoal, pellets, gas, or a combination of gas and wood.
Can wood pellets be used in a Bertello pizza oven?
If they plan to burn wood or wood pellets, it comes with “everything” they need to get started.
It can burn charcoal, wood, and even natural gas (with a separately sold attachment).
The high temperature at which this oven operates is one of the essential components of the claim that it can “cook a Neapolitan pizza in less than 2 minutes.”
Bertello Pizza Oven is owned by who?
Andy Bert and Eric Bert owns the Company.
How does the Bertello pizza oven work?
It runs on propane or natural gas and can achieve temperatures of 900 degrees Fahrenheit in a matter of minutes.
According to its developers, it can cook a Neapolitan-style pizza in less than two minutes.
What makes Bertello pizza oven different from traditional pizza oven?
The Bertello pizza oven has a high-temperature infrared heating element, allowing it to bake pizzas and other foods in minutes rather than hours, as traditional ovens do.
What are Bertello’s pizza ovens made up?
Bertello Pizza Ovens are handcrafted in the United States by expert builders using only the best quality materials.
What kind of charcoal do they use for pizza oven?
Anthracite coal, which contains more carbon, has fewer impurities, and burns for a longer length of time, is used in the majority of coal-fired pizzerias. Coal ovens cook their pizzas using the “fire-in-the-oven” method.
Who founded Bertello’s pizza oven?
Bertello Pizzeria was created in 2017 by Andy and Eric Bert.
Where can they buy Bertello’s pizza oven?
The Bertello pizza oven is only available on Amazon.
What happen to Bertello pizza oven at the Shark Tank?
Eric and Andy Bert proposed Bertello Pizza Oven on Season 11 Episode 15. They requested a $120,000 investment in return for a 10% stake in their firm, but Kevin countered with a $120,000 investment in exchange for a 25% stake.
What are the materials of Bertello pizza oven?
Optional Bertello Propane Gas Burner and Cordierite Baking Stone
How much is Bertello pizza oven?
They sell them for $250, but it costs an extra $84 to land them.
When did they start making Bertello’s Pizza Oven?
The Bert Brothers, Eric and Andy Bert, launched Bertello Pizza Oven in 2017.