Pork Barrel BBQ Shark Tank Update (Season 1)

Pork Barrel BBQ is a barbecue Sauce company founded by Brett Thompson and Heath Hall. This company was started in 2008 and has also received a National Award. Hall loves cooking and has made this sauce himself using different secret ingredients.

These two entrepreneurs appeared on Shark Tank Season 1 Episode 6 and asked the Sharks for $50,000 for 10% equity at a $500k Valuation. Barbara Corcoran invested $50k in this business for 40% equity.

What Is Pork Barrel BBQ?

Pork Barrel Barbecue is a national award winning barbecue company based in Alexandria, Virginia. Their sauce is spicy and very tasty and initially they used to sell the sauce to many small butcher stores.

Company NamePork Barrel BBQ
FounderBrett Thompson and Heath Hall
Founded2008
ProductBarbecue Sauce
Asked For$50k for 10% equity
Final Deal$50k for 50% equity
SharkBarbara Corcoran Barbara Corcoran
Episode (Shark Tank USA)S1 E6
Air DateSep 13th, 2009
Business StatusIn Business
WebsiteVisit Website
HeadquartersAlexandria, Virginia, USA
Lifetime Worth (Sales)$33.7M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Pork Barrel BBQ?

Founder Of Pork Barrel BBQ are Brett Thompson and Heath Hall
Image credit by ABC Shark Tank

The CEO of Pork Barrel BBQ Company is Brett Thompson and the President is Heath Hall. Both of them started this company in 2008.

Heath Hall is Vice President of Government Affairs at Heartland Dental by profession. Thompson is currently investing in multiple companies.

How Was The Shark Tank Pitch of Pork Barrel BBQ?

Thompson & Hall asked the Sharks for $50k for 10 equity shares after entering Shark Tank. Robert Herjavec said that there is a challenge of distribution in this, so he is out. Daymond John said that this is a very crowded space so he is out.

Kevin O’Leary told the co-founders that if you are not devoting full time to this business I’m out. Barbara Corcoran offered $50k for 50% equity. Thompson countered 40% equity but Barbara said no. The co-founders finally accepted Barbara’s offer.

Sharks Offers list!

SharksOffers
Barbara Corcoran Barbara Corcoran$50k for 50% equity
Kevin O'Leary Shark Tank Profile Kevin O’LearyNo Offer
Robert Herjavec Robert HerjavecNo Offer
Daymond John Daymond JohnNo Offer
Kevin Harrington Kevin HarringtonNo Offer
Founder’s (Countered)$50k for 40% equity
Final Deals$50k for 50% equity

What Happened To Pork Barrel BBQ After Shark Tank?

Pork Barrel BBQ gets a deal on Shark Tank. Shark Barbara Corcoran invested $50k in the business in exchange for 50% ownership. From 2008 to 2015, their total sales had reached $10 million.

Their products became available in 10,000 retail stores by 2020. In 2021, the annual revenue of this business was estimated at $4 million. They have launched many new products such as Pork Barrel BBQ Grill Tool Set, Brush, Grill Gloves, Bacon Jerky and More,

The annual revenue of this company is estimated to be $2.9 million in 2022 and it will reach $1.8 million in 2023.

Pork Barrel BBQ Shark Tank Update

Right now, the growth of this company has become very slow and the founder of the business is not able to give much focus to it. However, their products are still being sold online on Amazon and company websites. We are currently following this business for more information.

What Is Pork Barrel BBQ’s Net Worth?

Pork Barrel BBQ’s net worth is estimated at $7 million. The market size of barbecue sauce in 2020 was USD 2.1 billion and in 2022 the global market size was USD 13.86 billion. There is a lot of competition in this industry, there are many big brands that have captured more share in this industry.

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.

YearsAnnual Revenue
2023$1.8M *estimated
2022$2.9M *estimated
2021$4M *estimated
2015-20$15M *estimated
2008-15$10M *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2009$50kBarbara Corcoran

Is Pork Barrel BBQ Still In Business?

The founders of this business, Thompson and Hall, are both politicians and have also invested in many companies.

The current headquarters of this company is in Alexandria, Virginia, United States and 11-50 employees are working in it.

Yes, Pork Barrel BBQ is still in business as of February 2024.

frequently asked questions

Who founded Pork Barrel BBQ?

Pork Barrel BBQ was founded by Brett Thompson and Heath Hall.

Did Pork Barrel BBQ get a deal on Shark Tank?

Yes, Pork Barrel BBQ get a deal on Shark Tank.

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