The fast-casual, create-your-own sushi restaurant franchise, How Do You Roll, was pitched on Shark Tank in 2013.
You are watching: How do you roll after shark tank
Yuen Yung and also his brother Peter learned the restaurant company from their parents who ran a mommy and also pop restaurant in Chinatown, New York.
After college, the brothers opened up the initially How Do You Roll restaurant in Austin, Texas. On Shark Tank, they made a address Kevin "Mr. Wonderful" O"Leary -- $1 million for 20 percent equity."
"The address O"Leary fell with and the Austin restaurant closed, as did 2 Chicearlier areas.But tright here are still two How Do You Roll areas open up - in Ft Myers, Florida and also North Hollylumber, The golden state. " - Source August 2, 2016, 2paragraphs.com
HDYR was not deterred by their Shark Tank fiasco of obtaining a attend to a Shark only to shed it after the present.
They went on to market franchises.
In reality, they inked a 25 unit advance deal for Washington D.C., Maryland also, Delaware, and part of Virginia with excellent fanfare.
Then from a QSR magazine article:
"How Do You Roll? currently has actually ten systems open in Arizona, Florida, and Texas. The agency has actually signed franchise and also advancement agreements for more than 400 devices over the following twenty years."
These agreements expectancy Arizona, Arkansas, The golden state, Delmindful, Florida, Illinois, Maryland also, the Middle East, Nevada, New Jersey, New York, North Texas, Pennsylvania, Virginia, Washington, D.C., and Western Canada." - Source January 17, 2014, QSR
What went wrong with these aspiring sushi franchise tycoons?
Here"s the Yung"s Shark Tank pitch on the ABC display.
Lots of Unanswered Questions
What"s the condition of HDYR franchising today?
What are the HDYR franchise owners doing via their businesses?
Who owns the HDYR concept and also IP?
What are they planning to perform through it?
Being a franchisor and structure a long lasting and also sustainable franchise network needs more than truth TV notoriety and a pitch.
It takes a financially attrenergetic business version, a dependable supply chain, via excellent branding; solid operations, training & support, and great franchise owner recruitment.
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