Chopstick art is a business that creates household items from recycled chopsticks. The idea of this business came to Brian Parks when he was eating at a restaurant with his friend in China and saw that billions of chopsticks were being wasted after being used.
Brian created different forms of art using these chopsticks. Brian created many different designs for chopsticks and started selling them by creating an online website. To expand this business, Brian appeared on Shark Tank Season 1 Episode 3 and asked the sharks for $100k for 10% equity at a $1 Million Valuation. The Sharks were not given any opportunity in this business, hence they were out.
What Is Chopstick Art?
Chopstick art is a business that sells household items made from used bamboo chopsticks such as baskets, trivets, and many more items. Chopsticks are brought from the restaurant, they are sanitized, heated in high heat, and then different arts are made.
|Household Items from Recycled Chopsticks
|$100k for 10% equity
|Episode (Shark Tank USA)
|Aug 23th, 2009
|Fremont, California, USA
|Lifetime Worth (Sales)
|Buy and Watch
Another Shark Tank Pitch
Who Is The Founder Of Chopstick Art?
Brian Parks is the founder and CEO of Chopstick Art Business. He has been making various household art from single-use bamboo chopsticks since 2004.
How Was The Shark Tank Pitch Of Chopstick Art?
After entering Shark Tank, Brian asked Shark for $100k for 10% equity at a $1 Million Valuation. He told Sharks that six years ago when he was in China, he found out through his research that 25 billion used chopsticks were thrown away.
Within 5 years from 2004 to 2009, sales were only $500,000 and the net was about $45,000. Kevin Harrington doesn’t see a business opportunity in this product, then he is out of business.
Robert Herjavec said it’s not a $100 million idea so he’s out. Kevin O’Leary said this company is only $45k and that’s pretty low so he is out. Daymond John said he likes the product but this business is not that big for him so he is out.
Barbara Corcoran said that there is no business in it then she is out. Brian had to return from Shark Tank without any investment.
What Happened To Chopstick Art After Shark Tank?
Chopstick Art did not get a deal on Shark Tank. All the sharks refused to invest in this business and said that this business was not worth a million dollars.
The official website of this business has been actively running since 2004, although the website does not have many visitors. In 2023, the annual sales of this business were $250,000.
Chopstick Art Shark Tank Update
This business was successful in generating sales despite not getting the deal in Shark Tank. Many people bought household items made from chopsticks after watching the Shark Tank show. Brian must have made thousands of dollars in sales a week.
What Is Chopstick Art’s Net Worth?
Chopstick Art’s net worth is estimated at $2 million. Household Essentials is a very big market and many companies have entered this industry. By 2024, the market size of this industry will be estimated at US$16.21bn in the United States.
Is Chopstick Art Still In Business?
Even after Shark Tank, this business has not been able to grow much. The sharks said that this business would not be worth a million dollars. At present this company is 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.