What Happened to Reely Hooked Fish After Shark Tank Pitch?
What is Reely Hooked Fish?
Reely Hooked Fish was a Pembroke Pines, Florida-based small business that manufactured a healthy smoked fish dip.
Natural ingredients gathered from local farmers’ markets are blended with the fish.
The dip/spread is prepared with a unique mix that is both distinctive and authentic in flavor, emphasizing the fish rather than the fillers.
After catch, the fish is taken to their factory and properly filleted and cleaned.
It is then soaked in their proprietary brine and smoked for an extended period of time with local woods.
The Reely Hooked dips are created with Greek yogurt, which contains fewer calories and more protein than goods produced with mayonnaise. It’s smokey, sweet, and nutritious – a winning combination that has many hooked.
Who Founded Reely Hooked Fish?
The dip’s two entrepreneurs are Steven Markley and James Arcaro. Both co-workers like fishing — and indulging in their catch.
They cook their fresh caught seafood according to traditional family recipes, and their smoked fish dip is a hit with both friends and family.
The unique dip prepared by The Reely Hooked Seafood Company is made using amberjack and kingfish (king mackerel) caught by the guys on their own boat in the seas around Fort Lauderdale.
What Happened to Reely Hooked Fish during Shark Tank Pitch?
Steven and James appeared on Shark Tank season 9 episode 11 seeking $75,000 in exchange for a 25% share in their business. This translates to a $300,000 valuation.
They tell their story, present their case, and then give samples to the Sharks. After some back and forth about the materials, they get down to business.
They had hardly made $10,000 in sales in three months. Three craft brewers and one tiny store sell their goods.
Each container is constructed for $4.50 and sold for $12. They may save production expenses by acquiring more fish in bulk.
They desire to spend in order to improve the facilities and operate the business on a full-time basis.
Daymond argues that having three breweries sell the product is inadequate, and he is the first Shark to do so.
Lori admits that their dip is delectable, but she finds it difficult to scale, and therefore opts out.
To their dismay, Robert soon departs after noting on their low sales.
Kevin O’Leary – resigned in protest over the value.
Mark inquires whether they are capable of doing $1000 a week, to which they respond affirmatively.
Mark offers $75,000 in exchange for 25% – precisely what they want – and they accept.
What became to Reely Hooked Fish following its Shark Tank Pitch?
After appearing on Shark Tank, Reely Hooked Fish Co. added the “A Mark Cuban Company” branding to its product (see photo below) and has been making its way into a variety of Florida establishments including Luekens Wine & Spirits, Badfins Food + Brew, Da Kine Poke, and Sweetest Knights Key West, among others.
Due to the product’s fresh fish content, shipping was a challenge, and all they could do was collect names and emails until the shipping issues were overcome.
Since July of 2019, the Facebook page has been inactive. The website has been deactivated.
Steven Markley launched Pools Next Door, a pool service company, in July 2019, according to his LinkedIn profile. As of June 2021, this firm appears to have ceased operations.
How much is Reely Hooked Fish Worth?
Steven and James went on Shark Tank seeking $75,000 in exchange for a 25% share in their business. This translates to a $300,000 valuation.
Who were Reely Hooked Fish’s competitors?
There are no known rivals to Reely Hooked Fish.
What Happened to Smart Tire Company After the Shark Tank pitch?
What Happened to Quevos after Shark Tank?
Reely Hooked Fish FAQS
1. What is Reely Hooked Fish?
Reely Hooked Fish was a Pembroke Pines, Florida-based small business that manufactured a healthy smoked fish dip.
Natural ingredients gathered from local farmers’ markets are blended with the fish.
The dip/spread is prepared with a unique mix that is both distinctive and authentic in flavour, emphasizing the fish rather than the fillers.
After catch, the fish is taken to their factory and properly filleted and cleaned.
2. What products did Reely Hooked Fish offer?
The Reely Hooked dips are created with Greek yogurt, which contains fewer calories and more protein than goods produced with mayonnaise. It’s smokey, sweet, and nutritious – a winning combination that has many hooked.
3. Who were the Reely Hooked Fish Company’s owners?
The dip’s two entrepreneurs are Steven Markley and James Arcaro. Both are the founders of Reely Hooked Fish.
4. Who funded Reely Hooked Fish?
The company was self-funded.
5. How did Reely Hooked Fish do on Shark Tank?
Steven and James appeared on Shark Tank season 9 episode 11 seeking $75,000 in exchange for a 25% share in their business. This translates to a $300,000 valuation.
6. Did they get deal?
Yes, they did.
7. Who invested in Reely Hooked Fish?
Mark Cuban invested $75,000 in exchange for a 25% share in their business.
8. Is Reely Hooked Fish still in business?
Since July of 2019, the Facebook page has been inactive. The website has been deactivated.
As of June 2021, this firm appears to have ceased operations.
9. Did they close the deal?
Yes, they did.
11. Where is Reely Hooked Fish based?
The company was based in Pembroke Pines, Florida.
12. What is the phone number of Reely Hooked Fish?
They are no longer in business?
13. What is Reely Hooked Fish’s website?
They are no longer in business?
14. What is Reely Hooked Fish’s Facebook page?
They are no longer in business?
15. What is Reely Hooked Fish’s Twitter account?
They are no longer in business?
16. Reely Hooked Fish was started in what year?
The company was launched in 2016.
17. What kind of material was used to create Reely Hooked Fish?
Reely Hooked Fish was a smoked fish dip prepared with Greek yogurt and apple.
18. Reely Hooked Fish contained how many calories?
The entire container of Reely Hooked Fish provided 245 calories and 32 grams of protein.
19. How much were they selling?
Each container costs $4.50 to build and sells for $12 at retail.
20. Were Reely Hooked Fish a privately or a publicly owned Company?
Reely Hooked Fish was privately owned.
