Burlap and Barrel is a sustainable spice product business. This brand exclusively sells natural spices and herbal products of single origin. To make the product, this company selects natural ingredients and those ingredients are selected from specific countries or states.
This business works like a public benefit corporation and they say they are building a new international spice supply chain. All this means that it is a legal business but it provides public benefit as well as makes profit.
This business was launched in 2016 by Ethan Frisch and Ori Zohar. The objective of both these co-founders was to build a path where people can get natural and herbal spices and farmers get the right price for their hard work.
Ethan is a chef and he checks the quality of spices very well and Ori is a digital marketer. Ethan fell in love with Wild Mountain Cumin when he was working with a non-profit organization in Afghanistan.
cumin was harvested in the mountains of Badakhshan, too in a completely natural process. That’s when he came up with the idea of taking this product directly to the high-value market in the United States.
Ethan talked with Ori about this business idea and Burlap & Barrel was born. This business builds a direct trade model that connects directly to spice farmers in Zanzibar and Guatemala.
CO-founders Ethan and Ori both appeared on Shark Tank Season 14 Episode 19 and asked the sharks for $500,000 for 5% equity at $10 Million Valuation. The main objective of the owner of this business is to deliver Natural spices to every corner of the United States.
What Is Burlap and Barrel?
Burlap and Barrel is a Herbal and Natural Spice Business. This business builds an international spice supply chain for all the farmers who harvest natural ingredients related to spices.
This company says that the ingredients it takes to make herbal or spice products are sourced from the original farmer of the spice. This shows that the product is completely natural and does not contain any unhealthy ingredients.
Information related to the ingredient of each product and the farmer from which it has been sourced has been given on the company’s shop site.
This company gives a 100% quality guarantee on all its spice products at affordable prices. There is a mention on the company website that they directly contact the farmer and it does not have any kind of brokers and middlemen.
The cost of a 1.7 oz glass jar of Raki Anise Seeds is $8.99. The cost of 16 oz Container King Caraway is $35.99. All the products of this company are available on Amazon.
|Company Name||Burlap and Barrel|
|Founder||Ethan Frisch and Ori Zohar|
|Product||Single Origin Spices and Herbal products|
|Asked For||$500k for 5% equity|
|Final Deal||No Deal’s|
|Episode (Shark Tank USA)||S14 E19|
|Air Date||April 7, 2023|
|Business Status||In Business|
|Headquarters||New York, New York, United States|
|Lifetime Worth (Sales)||$17.1M *estimated|
|Buy and Watch||Buy Now||Amazon Prime|
Another Shark Tank Pitch
Who Is The Founder Of Burlap and Barrel?
The co-founders of this company are Ethan Frisch and Ori Zohar. Together they built a business model in 2016 called Burlap & Barrel.
Ethan is the co-founder and CEO of this business. He first came up with the idea of this business when he was working with a non-profit organization in Afghanistan.
Ethan is a chef, he has good experience in the food and beverages industry. He has worked in various job positions in various companies such as Zomato, Bond Street Theatre, Heritage Radio Network, and many more.
Ori is another co-founder of this company. He has years of marketing experience as he has worked in many companies after studying marketing at the University of Maryland.
He also has experience running a business as he has run two businesses named Guerrilla Ice Cream and Sindeo for years.
Burlap and Barrel Before Shark Tank
This business was launched in 2016 as a direct trade model supply chain, Which helps in delivering high-quality spice and herbal products to the international market.
This company deals directly with Single Original Spice Farmer cooperatives and Small Farmers and makes the spices reach directly to the consumer.
At the time of harvesting, their team closely checks the agricultural techniques and harvest process so that food safety can be taken care of. After harvest, ingredients are sent to 3rd-party laboratories to be tested for quality.
The company is based in New York City but has teams spread across California, Arkansas, Colorado, Japan, Virginia, and New York.
According to Crains New York, this company had crossed $5 million in revenue by 2021. Crossed $1 million for the first time in 2020.
According to a Crunchbase report, in 2018 Techstars had invested $120k in this company. Till 2021, this company used to source 70 spices from farmers in 23 countries. Since 2016, this company has paid $1.7 million to the partner farmer.
What Happened To Burlap and Barrel After Shark Tank?
This single-origin spice and herbal company did not get investment from Shark Tank, but many people on social media have praised this business idea. Most people say that this is a great business idea.
What’s new on Burlap and Barrel
Last Update: July 7, 2023
Only in April 2022, they generated very good revenue. In recent times, the number of visitors to their official shop site has decreased by more than 50%.
Burlap and Barrel Shark Tank Update
After both Ethan and Ori entered the shark tank, they explained their business idea to the sharks. There was a lot of conversation between the shark and these co-founders about the business.
We’re following Ethan Frisch and Ori Zohar along with their company for further updates.
What Is The Net Worth of Burlap and Barrel?
Burlap and Barrel’s current worth is an estimated $10 million. This supply chain business is doing very well since 2016. Both the co-founders of this company come from different industries.
In 2021, this company sourced the maximum spice from Vietnam, which is approximately 52,250 quantities and its cost is $134,978.
According to Globe Newswire, the value of the Herbs and Spices market is predicted to increase from US$171 billion in 2023 to US$243 billion by the end of 2023.
Is Burlap and Barrel Still In Business?
This company was started in 2016 and since then till now this company has been surviving. Even during 2020 Covid19, the performance of this company was decent.
Currently, it is a private company and the headquarter of this company is in New York, New York, United States.
The company has been featured in numerous media publications including Forbes, The New York Times, Bloomberg, and many more.
A product of this brand Royal Cinnamon is available on Amazon and this product has got a very good response from Buyer. This product has got 4.7 rating on Amazon.
Yes, Burlap and Barrel are still in business as of July 2023.
frequently asked questions
What is the Burlap & Barrel Worth?
The current worth of this company is estimated at $10 million.
Who owns Burlap and Barrel spices?
The owner of this company is Ethan Frisch and Ori Zohar.