Chopstick Art is a business that creates household items from recycled chopsticks. The idea came to Brian Parks while dining at a restaurant in China, where he noticed the billions of chopsticks discarded after use.
Inspired by this waste, Brian crafted various art pieces from these chopsticks and launched an online store to sell his creations. To expand his business, he appeared on Shark Tank Season 1, Episode 3, seeking $100,000 for 10% equity at a $1 million valuation. However, the sharks chose not to invest, citing a lack of opportunity in the business.
Chopstick Art specializes in items made from used bamboo chopsticks, including baskets, trivets, and more. The chopsticks are sourced from restaurants, sanitized, heated, and transformed into unique art pieces.
Company Name | Chopstick Art | |
Founder | Brian Parks | |
Founded | 2004 | |
Product | Household Items from Recycled Chopsticks | |
Asked For | $100k for 10% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode (Shark Tank USA) | S1 E3 | |
Air Date | Aug 23th, 2009 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Fremont, California, USA | |
Lifetime Worth (Sales) | $1.6M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Chopstick Art?
Brian Parks is the founder and CEO of Chopstick Art, a business dedicated to creating household items from single-use bamboo chopsticks. He has been crafting various art pieces since 2004.
How Was The Shark Tank Pitch Of Chopstick Art?
After entering Shark Tank, Brian Parks sought $100,000 for 10% equity, valuing his business at $1 million. He shared with the sharks that six years earlier, during a trip to China, he discovered that 25 billion used chopsticks were discarded annually.
From 2004 to 2009, his sales totaled only $500,000, with a net profit of about $45,000. Kevin Harrington saw no business opportunity in the product and opted out. Robert Herjavec stated it wasn’t a $100 million idea, so he was out as well.
Kevin O’Leary noted that with only $45,000 in profit, the company seemed too small for investment. Daymond John expressed his appreciation for the product but felt it wasn’t a significant opportunity for him, leading to his exit.
Barbara Corcoran concluded that there was no viable business model and also opted out. Consequently, Brian left Shark Tank without securing any investment.
Sharks | Offers |
---|---|
Barbara Corcoran | No Offer |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Daymond John | No Offer |
Kevin Harrington | No Offer |
Founder’s (Countered) | No Counters |
Final Deals | No Deals |
Chopstick Art Shark Tank Update
Chopstick Art did not secure a deal on Shark Tank, as all the sharks declined to invest, asserting that the business was not worth a million dollars.
The official website for Chopstick Art has been active since 2004, although it does not attract many visitors. In 2023, the annual sales of the business reached $250,000.
Despite not receiving a deal on Shark Tank, the business successfully generated sales, with many customers purchasing household items made from chopsticks after seeing the show. Brian likely earned thousands of dollars in sales each week.
What Is Chopstick Art’s Net Worth?
Chopstick Art’s net worth is estimated at $2 million. The household essentials market is significant, with many companies entering the industry. By 2024, the market size in the United States is projected to reach $16.21 billion.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
Years | Annual Revenue |
2024 | $ *estimated |
2023 | $250k *estimated |
2022 | $200k *estimated |
2021 | $180k *estimated |
2004-20 | $1M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
N/A | N/A | N/A |
Despite its appearance on Shark Tank, the business has not experienced significant growth, as the sharks believed it was not worth a million dollars. Currently, the company is focusing on taking wholesale orders.
Yes, Chopstick Art is Still in business as of January 2024.
frequently asked questions
Who founded Chopstick Art?
Chopstick Art was founded by Brian Parks.
Did Chopstick Art get a deal on Shark Tank?
No, Chopstick Art did not get a deal on Shark Tank.