Shark Tank Im'peccable Chicken Update

Im’peccable Chicken Update | Shark Tank Season 17

What started as a personal fight for Melina Chang to lose weight during the pandemic has become everyone’s favorite grab-and-go protein. She recruited her USC classmates Nick Hsu and Riley Yen to turn that vision into Im’peccable Chicken, a ready-to-eat chicken breast snack with 27 grams of protein and just 140 calories, giving people a fast, clean way to stay full. Did they get a deal? Let’s find out in our Im’peccable Chicken update and pitch recap.

SharkResult
Kevin O’Leary and Lori GreinerAccepted offer of $200,000 for 15% equity
Robert Herjavec and Michael Strahan$200,000 for 15% equity
Barbara Corcoran$100,000 for 10% equity

Shark Tank Im’peccable Chicken Pitch

Shark Tank Im'peccable Chicken Update
  • Entrepreneurs: Melina Chang, Riley Yen, and Nick Hsu
  • Business: Protein Bar
  • Ask: $75,000 for 5% equity
  • Result: $200,000 for 15% equity
  • Sharks: Kevin O’Leary and Lori Greiner

Melina, Riley, and Nick introduced Im’peccable Chicken as a convenient protein snack made from real chicken breast.

Nick explained that most protein bars rely on additives and fillers. Their product was fully cooked, seasoned, and ready to eat from the package.

Melina added that each serving had 27 grams of protein and just 140 calories. Riley said there were no preservatives, only clean, natural meat.

The sharks tried samples of teriyaki, orange habanero, and original pepper. Lori Greiner said it tasted like chicken breast. Guest shark Michael Strahan called it clean and flavorful.

Kevin O’Leary then asked about the cost compared to preparing chicken at home. Riley explained they sold each pack for about $5.40, with production costs at $1.70.

Michael asked where the idea came from. Melina shared her personal story. During COVID, she gained weight and hit 250 pounds.

She discovered packaged chicken snacks in Taiwan, ate them daily, and lost 130 pounds in eight months.

When she moved to the U.S. and saw nothing similar on shelves, she dropped out of USC to start the business.

Robert Herjavec asked how she funded a factory. Melina explained she borrowed $340,000 from her parents, who worked in food distribution in Taiwan. Their connections helped her develop the product and launch production in Commerce, California.

Michael asked if they were in retail. Nick said they had pitched to Sprouts, Bristol Farms, and Whole Foods, but were not on shelves yet. Riley explained they couldn’t finance a national rollout.

Barbara Corcoran asked about sales. Riley said they had done $85,000 in seven months. He explained growth was limited by production, not demand, and projected $40,000 per month with more capacity.

Meanwhile, Robert pressed on with distribution. Riley said they sold direct-to-consumer.

Michael asked what they would do with $75,000. Riley said scaling from 10,000 to 30,000 units a month would reduce costs by 20%.

Kevin asked if the plant could handle that. Riley said capacity was 250,000 units a month.

Robert asked about their biggest concern. Riley said shipping refrigerated meat was the hardest part and required logistics expertise.

Kevin said the idea could be copied, but he liked the team. He offered $75,000 for 15% equity.

Barbara countered with $100,000 for 10%. Michael offered $100,000 for 9.5%. Lori matched their original ask of $75,000 for 10%.

Robert then came in with $75,000 for 7%.

The sharks started competing. Kevin revised his offer to $100,000 for 9.4%.

At this point, Robert and Michael teamed up to offer $200,000 for 15% equity. Kevin and Lori matched with the same joint offer.

In the end, the entrepreneurs had to decide. However, they chose Lori and Kevin, citing their ability to help with distribution and female-focused marketing.

Now, let’s check in for an Im’peccable Chicken update.

Shark Tank Im’peccable Chicken Update

In terms of an Im’peccable Chicken update, there has been no official confirmation about the deal from either the founders or the sharks.

However, we expect proper due diligence to be completed before any announcements are made.

On a positive note, the deal is likely to close successfully, as all the sharks were eager to make a deal during the pitch, and they seemed genuinely impressed with the entrepreneurs.

Our Im’peccable Chicken update found that they now offer multiple pack sizes (16, 24, 32, and 48 packs) with varying discounts for bulk purchases. They’ve also introduced a subscription model for recurring orders at a discount, which underscores their focus on customer retention.

Additionally, Im’peccable Chicken provides free shipping on orders over $100 and a 30-day money-back guarantee. You can order yours today.

As things unfold, we will circle back for another Im’peccable Chicken update.

For other company updates from Shark Tank Season 17 Episode 2, look below:

For more updates, check out our list of all the Shark Tank Season 17 companies!

Marvin
Marvin Uzor
Content Writer |  + posts

Marvin Uzor is a content contributor for Shark Tank Recap. He specializes in crafting engaging, well-researched content that delve into the latest Shark Tank stories, keeping readers hooked. He has a soft spot for his favorite Shark Tank companies, Bombas and Doorbot, known for their innovation and impact.