Uncle Zip’s Beef Jerky Shark Tank Update

We all love our food and do go back to some of our favorite dishes to renew our taste buds. Let it be meat or beef lovers the jerky is a recipe not to miss. Uncle Zip Beef Jerky is just the fresh jerkies with no preservatives or additives that you can relish for.

Amazing fresh taste and almost seven mouthwatering tastes, give it a try? Ken Howell, Uncle Zip’s Beef Jerky tastes good and people like it. Will ken be able to zip through the sharks this time with the required investment? Let’s wait and watch….  

Uncle Zip’s Beef Jerky at a glance:

Business ideaBeef Jerky.
FounderKen Howell
Asked for$25,000 for 20%
Accepted dealNone
SharksNone
Business statusIn business
EpisodeSeason 2, Episode 4
WebsiteUncle Zip’s Beef Jerky
Uncle Zip’s Beef Jerky at a glance

Index:

Founder Story:

William “Zip” Howell began his journey by making beef jerky for his near and dear ones which became a famous recipe in 1999. Mr. Howell has been an excellent salesman in the Yellow pages, which earned him the name “Mr. Zip”. With the family business turning into a true business Mr. Howell introduced “Uncle Zip” beef jerky into the market. His son Ken Howell is now running the business, post he lost his father in the third year of the business which happens to be the favorite of the local community in Fayetteville.

The product tastes good and is fresh, with 2 months shelf life. There are eight flavors that you would love to try.

Did Uncle Zip’s Beef Jerky get a deal on shark tank?

Ken Howell, pitched his business for $25,000 at 20% at Shark Tank. Ken explains why their product is superior to the others as there are no additives or preservatives which allows their fresh taste to beef jerky lovers. On the flip side, the shelf life of Uncle Zip’s Beef Jerky is only 2 months and others are longer because the competitors use chemical preservatives which makes the taste a tinge strong.

Ken hands over the samples for the sharks to taste and the guest shark also reflects the appreciation that the beef jerky is good in taste. Robert was keen to know why it is called “Uncle Zip”, Ken explains his father was in Yellow Page sales and he was a great salesman so would zip in and zip out like the zip stuff, which led to his success in being named Uncle Zip. That’s were Uncle Zip got its name into the Beef Jerky business that his father started.

Robert and Daymond ask about sales performance, Ken starts with the unfortunate sales and is caught by the sharks immediately. The sales figures were $100,000 when his father was in but are now down to $40k or $50 K. The next question fired by sharks was on what is the need for $25k now as an investment. Ken would like to scale up his business and would like to increase the number of plants for processing.

See also  Fuzapper Shark Tank Update

Sharks enquire about being in 10 years with not great growth in the business whether Ken wants to grow or more like a tribute to dad. Robert and Daymond are out as they are not convinced with Ken’s business model. Kevin states it’s a small micro plant that is responding to local business and remains in that range. He and the guest shark are out for the same reason.

Barbara also states that ken does not need any help and he should be able to turn it around by himself as they could achieve $100,000 in their third year. She is also out. Ken Howell is devastated as he walks out without a deal but was determined to stay in the business.

What happened to Uncle Zips Beef Jerky after shark tank?

Ken did not get a deal, but the Shark Tank show gave the required marketing drive as the sales of Uncle Zips Beef Jerky increased as they could not keep up. Now the Beef Jerky business is doing well on its own website and thriving well.

The products are available on their own website.

Product details:

  • The website has segregated the products into the most popular and jerky clubs.
  • The company has many products in its selection from custom packs to individual flavors, also there are bulk packs too.
  • Some of the flavors available to taste from their website are: Sriracha, teriyaki, Original, Hot, Hot chili lime, Habanero chili, Mesquite smoked, and Hickory.
  • They also have custom packs which means you can take 2,5 or 10 packs of your favorite flavors and customize the palette as per your liking.

Competitors of Uncle Zip’s Beef Jerky:

  • Philly beef jery
  • Jerky.com
  • Beef Jerky outlet

What is the net worth of Uncle Zip’s Beef Jerky?

While on shark tank the company uncle zip’s beef jerky had a valuation of $125,000, now the same company earns about $500,000 to $1 million in revenue. With that, it’s safe to estimate their valuation at about $1.5 million to $2 million.

Is Uncle Zip’s Beef Jerky still in business?

The company is doing well in business as of now, with 1 million in annual revenue this business may be small but it is taking great leaps toward success. The company still manages to be a small business that is doing wonders in the food industry and mastering its way to perfection in terms of handcrafted beef jerky. Let’s see how far they go!!!

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FAQs:

What is Uncle Zip's Beef Jerky?

Uncle Zip’s Beef Jerky tastes good and people like it. With the family business turning into a true business Mr. Howell introduced “Uncle Zip” beef jerky into the market. His son Ken Howell is now running the business, post he lost his father in the third year of the business which happens to be the favorite of the local community in Fayetteville.

What's the net worth of Uncle Zip's Beef Jerky?

While on shark tank the company uncle zip’s beef jerky had a valuation of $125,000, now the same company earns about $500,000 to $1 million in revenue. With that, it’s safe to estimate their valuation at about $1.5 million to $2 million.

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