Table 87 Coal Oven Pizza Update | Shark Tank Season 7
Tom Cucco has something special with his coal oven pizza shops in Brooklyn. His successful pizza parlors were the inspiration for his frozen pizza line, which he says is unlike any other. What will the sharks think of this Brooklyn favorite when Tom brings his business to S
Shark Tank Table 87 Update
- Entrepreneur: Tom Cucco
- Business: Coal oven pizza by the slice in Brooklyn
- Ask: $200,000 for 10% equity
- Result: $250,000 for 19% equity
- Shark: Lori Greiner
Tom appears in his Brooklyn pizza shops for the first part of his pitch. He says he needs a shark’s help to streamline the frozen side of his business, and purchase new machinery. He’s asking $200,000 for 10% equity in the frozen coal oven pizza side of his business, Table 87.
The 10" Margherita Pizza Pie is handmade and baked in Brooklyn, New York. Table 87's coal oven pizza has a slightly charred, crispy crust that's topped with a tangy tomato sauce, mozzarella, and sprinkled grana cheese.
During his on-stage pitch, Tom explained how his process worked. He had $260,000 in frozen sales so far and needed the funds for a commercial kitchen. He sold coal oven pizza by the slice for $4.99 and the whole pie for $12.
Tom did a great job answering questions from the sharks about his business model. He explained that he would need to separate the frozen business from his storefronts, and the sharks would be getting only part of the frozen business.
Robert Herjavec was the first to drop out of the deal. He thought there was too much competition in the space. Barbara Corcoran was up next, but she decided to make an offer of $200,000 for 30% of the frozen side of the company.
Kevin O’Leary didn’t think separating the businesses was possible. He offered $200,000 with a $0.25 royalty per slice until he recouped $600,000 with no equity. Lori Greiner, on the other hand, loved the pizza. She offered $250,000 for 20%.
Mark Cuban loved the idea and said he would be a customer. Ultimately, he decided to go out. Lori wanted an answer on her deal right away. Tom tried to barter for 18% equity, and she decided to go down to 19%. Tom agreed to this deal.
We bet you’re curious about a Table 87 update! Let’s see how things have gone for Tom and his frozen pizza business since leaving the
In our Table 87 update research, we learned that the deal with Lori never closed. Tom kept going though. Now his frozen pizzas are available in hundreds of grocery stores and on the company website.
In 2022, pizzas have been spotted in Wegman’s and Whole Foods, among others. He now has three restaurants in Brooklyn, and the company has about $5 million in annual revenue.
What about the other updates from Season 7 Episode 4? You can find our other company updates from this episode below.
Before you go, don’t forget to check out updates for your other favorite
Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!