What Happened to Chi’Lantro BBQ After Shark Tank?

What is Chi’Lantro BBQ?

Chi’Lantro BBQ is a restaurant and food truck that specializes in Korean BBQ and Mexican cuisine fusions. Kimchi fries, Korean fried chicken wings, tacos, and Mexican-style rice bowls seasoned with Asian seasonings are on the menu.

Jae Kim of Austin, Texas, created his first Chi’Lantro BBQ food truck in 2010. He prepares dishes flavored with Korean kimchi and Mexican cilantro.

Kimchi Fries, which are caramelized kimchi fries topped with cheddar, onions, cilantro, and sriracha, among other things, including a magic sauce, is his best-selling meal. After seven years of operation and a number of brick-and-mortar sites around the Austin area.

Who is the founder of Chi’Lantro BBQ?

In 2010, Jae Kim created his Chi’Lantro BBQ food truck in Austin, Texas. He prepares dishes flavored with Korean kimchi and Mexican cilantro.

Kimchi Fries, which are caramelized kimchi fries topped with cheddar, onions, cilantro, and sriracha, among other things, including a magic sauce, are his best-selling meal. After seven years in business and a number of brick and mortar shops in the Austin area.

California pioneered the fusion of classic Mexican foods such as tacos with Korean cuisine in the mid-2000s. Kim brought the concept to Texas, where it was well received.

What Happened to Chi’Lantro BBQ’s Pitch on Shark Tank?

Kim is said to have auditioned three times before being picked to appear on Shark Tank. He is no stranger to reality television, having appeared on the Food Network’s Great Food Truck Race in 2010, the same year he launched the company.

Kim’s continued growth as he auditioned for the program will be appreciated by the Sharks. Jae joined the presentation seeking $600,000 for a 15% stake in his company, which is worth $4 million.

He notifies the Sharks that he has finally been accepted for the program after two previous tries.

He presently runs a truck fleet and three brick-and-mortar restaurants, with plans to grow to four. Chris Sacca is delighted when he asks him to prepare a Korean dish. Jae makes a meal for Chris before passing out bowls to the other Sharks.

The Sharks love it, especially the kimchi fries. He tells the Sharks about his history, including a failed coffee shop endeavor when he was 21 years old. He said that it failed owing to a lack of vision on his part.

He started his current business with $30,000 in savings and six months of credit card debt. Mark appreciates that story, and his previous year’s sales were $4.7 million, and he needs money to grow his firm.

He aims to someday have 15 restaurants. Chris professes to appreciate the cuisine, but he is out of the agreement since he does not share Jae’s vision. Kevin says that his past restaurant operations failed and that he went out.

Mark congratulates Jae on his achievement but explains that he dislikes restaurants and is likewise out. Lori exits, concerned about Jae’s plans for development.

Barbara is still bragging about increasing Tom and Chee’s sales to more than $50 million. Barbara offers $600,000 in return for 30% stock shares, and Jae replies with $600,000 in exchange for 20% ownership of the company, which Barbara accepts, and the two strike a deal.

Chi’Lantro BBQ: What Happened After Shark Tank?

Finally, despite the fact that Barbara and Jae’s deal was applauded during the presentation, it was never consummated. Chris Sacca expressed remorse for not investing sooner. Jae currently owns eight restaurants, a catering company, and a truck fleet.

During the Covid-19 epidemic, he pioneered the notion of neighborhood pop-ups. He’d park a truck in a neighborhood for a few hours to provide folks access to his food while still following quarantine standards. In 2021, the company is still booming, with yearly revenues anticipated to be $14 million.

Chi’Lantro BBQ’s net worth

During the pitch, the firm was valued at $4 million; following Barbara Corcoran’s allocation, the company was valued at $3 million.

However, the firm has achieved significant sales since then, with yearly revenue of more than $14 million. This indicates that the company’s net worth might have been more than $3 million.

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Chi’Lantro BBQ FAQs

What exactly is Chi’Lantro?

Chi’Lantro is a restaurant and food truck that specializes in Korean BBQ and Mexican cuisine fusions. Kimchi fries, Korean fried chicken wings, tacos, and Mexican-style rice bowls seasoned with Asian seasonings are on the menu.

Who is the creator of Chi’Lantro BBQ?

Jae Kim created his first Chi’Lantro BBQ food truck in Austin, Texas. He prepares dishes flavored with Korean kimchi and Mexican cilantro.

Kimchi Fries, which are caramelized kimchi fries topped with cheddar, onions, cilantro and sriracha, among other things, including a magic sauce, are his best-selling meal.

What are Chi’Lantro BBQ products?

Chi’Lantro BBQ uses Korean BBQ flavors and Mexican ingredients in its dishes.

How long has Chi’Lantro BBQ been around?

Chi’Lantro BBQ was formed in 2010 and is run by Jae Kim.

Where is Chi’Lantro BBQ restaurants located?

The company runs a food truck, three restaurants and a catering company.

What are Chi’Lantro BBQ products?

Chi’Lantro BBQ uses Korean BBQ flavors and Mexican ingredients in its dishes.

What are the ingredients used in each of the Chi’Lantro barbecue products?

The sweet potato fries, black bean tacos, chicken burritos and cauliflower tots are some of the famous dishes.

How many flavors does Chi’Lantro BBQ have?

Chi’Lantro BBQ has a variety of flavors including, spicy pork, kimchi and sesame chicken. All of these are Mexican cilantro flavored.

Is Chi’Lantro BBQ gluten-free?

All Chi’Lantro BBQ products are gluten-free.

What is the price range of Chi’Lantro barbecue products?

The menu items are priced at $6 to $12.

Where can I buy Chi’Lantro products?

Customer can order directly from their website and also get them from major grocery stores and restaurants throughout the country.

Is Chi’Lantro BBQ vegan-free?

Chi’Lantro is not a vegan-free barbecue. However, they do provide vegetarian and vegan options.

 

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