#Beyond sushi net worth 2019 how to

Founder and executive chef Guy Vaknin took the business to Shark Tank and made a deal with Lori Greiner and guest Shark Matt Higgins. Beyond Sushi is a vegan restaurant chain looking to lead the movement. Vaknin claimed that after due diligence, he realized that the business was going to be taken in a direction he was not happy with.Īs a result, the plans to expand the business to the West Coast have stalled.The rise of plant-based meat alternative companies is showing no signs of slowing down. ConclusionĪfter the show, Vaknin declined to accept the investment offered by the Sharks. The Sharks would not budge.Īfter another tense pause, Vaknin accepted, while O’Leary shook his head. Vaknin tried to counter-offer by knocking Greiner and Higgins down to 12% of the New York operations. John urged Vaknin to say yes, no or counter, but quickly, as he wanted to eat the rest of the sample sushi! The reason for upping equity on the East Coast from the offered 5% to 15% was to offset the risks of the as yet unproven West Coast operation. Higgins and Greiner came to the table with a joint offer of $1.5 million for 30% of West Coast and 15% of East Coast. Kevin O’Leary did not agree with what he called an “insane” valuation and he was out. This lost Daymond John’s interest and he dropped out of negotiations. Guest Shark Matt Higgins and Vaknin began to discuss the restaurant business using industry jargon. He was asking for the investment to expand his operation to the West Coast, targeting Los Angeles. Vaknin projected that he would pull in $5.6 million in the current year. With one commissary kitchen supplying all the locations across Manhattan, his largest location was making $2.5 million a year. The food went down well, with Lori Greiner saying how amazing the food looked.Īt the time of entering Shark Tank, Vaknin was operating six venues in NYC. Vaknin fed the Sharks his best-selling sushi rolls as he began his pitch. Guy Vaknin pitched Beyond Sushi to Shark Tank, asking for $1.5 million in exchange for 25% of his West Coast operations and 5% of his East Coast operations. They opened their first restaurant in 2012, using Tali’s vegetarian recipes as their starting point. The skills he learned and a love for food stood him in good stead when he joined the Institute of Culinary Creations after a stint in the Israeli military and a degree in computer engineering. He cooked for his family and worked several restaurant and catering jobs.

#Beyond sushi net worth 2019 how to

Israeli-born Guy Vaknin’s Moroccan grandmother taught him how to cook, using spices to make delicious meals. Sandy Beall, founder of Ruby Tuesday, is a 25% investor in Beyond Sushi. Vaknin’s extremely popular and successful venues in New York City serve sit-down and take out, as well as offering online ordering and delivery.īeyond Sushi also caters for private events such as weddings, corporate functions, and other special occasions.Ĭheck out Beyond Sushi at the Herald Square location in NYC. Vegetarians talk about their food choices here, and why Beyond Sushi is unique.Ĭhef Vaknin uses fruits, vegetables, herbs, spices, and whole grains to create delicious, nutritious sushi, dumplings, wraps, salads, and noodle soups. $1.5 million for 30% of West Coast and 15% of East Coastīeyond Sushi is a chain of restaurants that uses plant-based alternatives to traditional sushi.īeyond Sushi is the unique enterprise of chef-entrepreneur Guy Vaknin.Īs 40% of Beyond Sushi clientele is not vegan, Vaknin claims that people are drawn to his plant-based, healthy cuisine. $1.5 million for 25% of West Coast operations and 5% of East Coast Guy Vaknin, owner of vegan restaurant chain Beyond Sushi, made a splash in Shark Tank, pitching for $1.5 million for 25% of his West Coast operations and 5% of his East Coast businesses.ĭespite everything going well in the shark tank, the deal fell through although the business is still worth over $10 Million today. $1.5 million for 30% of West Coast and 15% of East Coast.$1.5 million for 25% of West Coast operations and 5% of East Coast.Beyond Sushi Net Worth 2022 – What Happened After Shark Tank.