Project Pollo, a vegan fast-food chain, was launched in 2020 amid the pandemic. Its first location opened in San Antonio, Texas, featuring a menu of vegan dishes like chicken sandwiches, wraps, burgers, and sides such as mac and cheese.
The menu highlights popular items like the Grilled Chicken Caesar Wrap and Crispy Chicken Wings, with a wide range of options across categories including Signatures, Kids Menu, Beverages, Sides, Bowls & Wraps, Catering, Sweets & Treats, Breakfast, and Sauces.
Project Pollo has grown rapidly by offering cruelty-free, tasty, and affordable alternatives to traditional chicken, positioning itself as a leader in vegan fast food.
Company Name | Project Pollo |
Founder | Lucas Bradbury |
Product | Vegan Fast Food Chain |
Asked For | $2.5 Million of 5% Equity |
Final Deal | No Deals |
Shark | No Shark |
Episode (Shark Tank USA) | S13 E24 |
Air Date | May 20, 2022 |
Business Status | In Business |
Lifetime Sales | $10 Million *estimated |
Springer Pets Shark Tank Update
Lucas Bradbury is the founder and CEO of Project Pollo, a vegan food chain focused on providing Americans with affordable plant-based alternatives.
Did Project Pollo Get a Deal on Shark Tank?
On Shark Tank, Lucas Bradbury introduced Project Pollo as a line of plant-based foods, seeking $2.5 million for a 5% stake, valuing the company at $50 million. The Sharks were surprised by the valuation but impressed after sampling the food, with Mr. Wonderful even calling it the best plant-based chicken he had ever tasted.
Lucas shared that Project Pollo had 12 locations across various states and $10 million in lifetime sales, with plans to open a new location each month. Prior to the show, he had raised $1.5 million at a $17.5 million valuation.
Despite being impressed, the Sharks declined to invest. Mr. Wonderful found the valuation too high, Mark questioned the healthiness and valuation, Barbara decided against it due to past investment mistakes, and Lori expressed uncertainty about future growth.
Project Pollo Shark Tank Update
The restaurant industry is highly competitive, demanding constant innovation to stay ahead.
To excel in this field, effective marketing and chain expansion are essential, often requiring significant investment. Lucas, the founder of Project Pollo and president of a corporate firm, brings industry experience and strong business skills to this venture.
By August 2022, Project Pollo had grown to over 19 locations across various U.S. cities. As part of its growth strategy, the company is actively recruiting additional staff to support its expansion, with plans to continue growing nationwide in the coming years.
What Is Project Pollo’s Net Worth?
Project Pollo’s estimated net worth is $60 million, reflecting the company’s lifetime sales and valuation.