Pasta by Hudson is a simple concept to provide an Italian dish that everyone likes- pasta. Pasta by Hudson is a casual pasta restaurant that provides fresh pasta to people who want to eat it. They provide raw pasta as well.
The customer can choose one pasta shape out of six, one sauce out of six, and one add-in out of 13 and get their customized, fresh pasta ready and available to them. Pasta by Hudson is located at one of the busiest food traffic spots in New York City.
Pasta by Hudson at a Glance:-
| Idea | Freshly baked pasta bar service. |
| Founders | Brandon Fay |
| Asked For | $150,000 for 10% |
| Accepted Deal | $150,000 for 30% |
| Sharks | Lori Greiner And Mark Cuban |
| Business status | In Business |
| Episode No. | Season 11, Episode 17 |
| Website | Pasta by Hudson |
Index:
Who is the founder of Pasta by Hudson?
Pasta by Hudson was founded by Brandon Fay. He was the managing director of one of the most famous Italian restaurants in New York, The Trattoria Dell’Arte. He also has a cooking show on CBS, whose new episodes are telecasted every Sunday.
He named the restaurant after his daughter. He is dedicated make the restaurant a success and thus, travels to Italy frequently to learn to make his pasta more authentic. He wanted a shark’s help to expand his business to other locations and also to tap into retail businesses to sell his uncooked pasta.
Did Pasta by Hudson get a deal on the Shark Tank?
Brandon- founder of Pasta by Husdon entered the show-looking investment of $150,000 for 10% equity in exchange. Brandon demonstrated his business and showed samples to the sharks. All the sharks were dazzled by the taste of Hudson. Sharks shared those were the tastiest meatballs they ever had. When a shark asked about the sales, Brandon shared the figure of $590,000.
After more back-and-forth conversations about the business of Pasta, Sharks asked about the need for an investment to which Bradon pitched his wish of opening three more outlets in areas of NYC. Barbara Corcoran was so impressed that she immediately gave an offer of $150,000 in exchange for 50% equity in the business. Kevin O’Leary appreciated the food but said it is still too early to start a chain of it and went out.
Daymond John said that he loved the taste of all the samples he had but felt acid reflux therefore he went out. Mark Cuban and Lori Greiner teamed up and gave an offer of $150,000 for 30% equity in return. Mark Cuban will be investing $100,000 for 20% equity and Lori will be offering $50,000 for 10% equity in return. Brandon didn’t give it a second thought and accepted the offer.
What happened to Pasta by Hudson after the Shark Tank Show?
After the Shark Tank Show, Brandon was just able to get survived himself not the business. On the show, the deal made between Mark Cuban and Lori Greiner with Pasta by Hudson was never closed after the show. Brandon’s episode was cast during the pandemic period which had no impact on his sales and Pasta by Hudson strived during the period.
Brandon served the nurses and other frontline workers over the Covid- 19. During the pitch, they came up with a valuation of $1,500,000 which was later improvised to $500,000 by Mark Cuban and Lori Greiner.
After the show, Brandon seemed to follow Barbara’s suggestion to sell the meatballs through the mail which worked gradually. During the pandemic, Brandon somehow managed to run gs. In 2021, he started solving the puzzle by putting one by one blocks at the right gap. After the pandemic was over, Brandon re-opened his Columbus circle location again and also added different flavors of Pitoa to the menu. Brandon managed and did an s of $800,0000 in 2021.
In March 2022, Brandon decided and opened catering and events as on side ararmo Pasta by Hudson. Before the show, they had sales of $590,000, and after the show sales increased from $3 million to $4 million. As of 2022, they are running with a mission of going nationwide.
Competitors of Pasta by Hudson are:-
- Zip’s Pizza
- Tony and Elaine
- Tutto Italiano
- Johnny Pepperoni.
What is the net worth of Pasta by Hudson?
Pasta By Hudson has an estimated net worth of $4 million as of 2022. The valuation during the pitch was $1,500,000 which was updated to $500,000 by sharks. The valuation dropped down during the period of the pandemic.
Is Pasta by Hudson still in business?
Pasta by Hudson is still in business and doing better. During the period of Covid- 19, it was assumed that Pasta by Hudson might get closed but, Brandon and his team of 7 employees managed it all. As of March 2022, they have added two side arms:- Catering and Events to the business. Bizz Bucket wishes a huge success ahead to Brandon.
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FAQs:
What is Pasta by Hudson?
Pasta by Hudson is a simple concept to provide an Italian dish that everyone likes- pasta. Pasta by Hudson is a casual pasta restaurant that provides fresh pasta to people who want to eat it. They provide raw pasta as well.
Who founded Pasta by Hudson?
Pasta by Hudson was founded by Brandon Fay. He was the managing director of one of the most famous Italian restaurants in New York, The Trattoria Dell’Arte. He also has a cooking show on CBS, whose new episodes are telecasted every Sunday.