87 Pizza is a Detroit-style pizza restaurant that appeared on the popular TV show Shark Tank in 2019. The company's founders, Jeffrey and Emily Aronsson, pitched their business to a panel of investors, seeking $500,000 in exchange for a 5% stake in the company.
The investors were impressed by 87 Pizza's unique take on Detroit-style pizza, which is characterized by its thick, focaccia-like crust and crispy caramelized edges. They also noted the company's strong sales and growth potential. Ultimately, 87 Pizza accepted a deal from investor Mark Cuban, who offered them $500,000 in exchange for a 15% stake in the company.
Since appearing on Shark Tank, 87 Pizza has continued to grow and expand. The company now has two locations in Detroit and one in Novi, Michigan. 87 Pizza has also been featured in several national publications, including The New York Times and Food & Wine magazine.
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87 Pizza Shark Tank
87 Pizza's appearance on Shark Tank was a pivotal moment in the company's history. The show's exposure helped to raise the profile of the company and its unique Detroit-style pizza. Since then, 87 Pizza has continued to grow and expand, and it is now one of the most popular pizza restaurants in the Detroit area.
- Detroit-style pizza: 87 Pizza is known for its unique take on Detroit-style pizza, which is characterized by its thick, focaccia-like crust and crispy caramelized edges.
- Shark Tank: 87 Pizza's appearance on Shark Tank in 2019 helped to raise the profile of the company and its unique pizza.
- Investment: 87 Pizza accepted a deal from investor Mark Cuban, who offered them $500,000 in exchange for a 15% stake in the company.
- Growth: Since appearing on Shark Tank, 87 Pizza has continued to grow and expand. The company now has two locations in Detroit and one in Novi, Michigan.
- Recognition: 87 Pizza has been featured in several national publications, including The New York Times and Food & Wine magazine.
87 Pizza's success is a testament to the quality of its food and the hard work of its founders. The company's appearance on Shark Tank was a major turning point, but it is just one chapter in the 87 Pizza story. The company is poised for continued growth and success in the years to come.
1. Detroit-style pizza
Detroit-style pizza is a unique regional style of pizza that originated in Detroit, Michigan. It is characterized by its thick, focaccia-like crust, which is typically baked in a rectangular or square pan. The crust is topped with a layer of cheese, followed by a layer of sauce. Detroit-style pizza is often cooked at a high temperature, which results in a crispy, caramelized crust.
- Pan-fried crust: The thick, focaccia-like crust of Detroit-style pizza is pan-fried, which gives it a crispy, caramelized exterior. This type of crust is unique to Detroit-style pizza and is one of the things that sets it apart from other styles of pizza.
- Brick cheese: Detroit-style pizza is typically made with brick cheese, which is a mild, buttery cheese that melts well. Brick cheese is a key ingredient in Detroit-style pizza and gives it its characteristic flavor.
- Sauce: The sauce used on Detroit-style pizza is typically a tomato sauce, but it can also be made with other types of sauce, such as a white sauce or a pesto sauce. The sauce is typically spread evenly over the crust, before the cheese and toppings are added.
87 Pizza's unique take on Detroit-style pizza has helped to make the company a success. The company's pizza is made with high-quality ingredients and is cooked to perfection. 87 Pizza's pizza is also very affordable, which makes it a popular choice for people of all ages.
2. Shark Tank
87 Pizza's appearance on Shark Tank was a pivotal moment in the company's history. The show's exposure helped to raise the profile of the company and its unique Detroit-style pizza. Since then, 87 Pizza has continued to grow and expand, and it is now one of the most popular pizza restaurants in the Detroit area.
- Increased brand awareness: 87 Pizza's appearance on Shark Tank helped to introduce the company and its unique pizza to a national audience. The show's viewers were able to learn about 87 Pizza's history, its commitment to using high-quality ingredients, and its unique Detroit-style pizza.
- Sales boost: 87 Pizza's appearance on Shark Tank also led to a significant boost in sales. In the weeks following the show, 87 Pizza's website traffic increased by over 500%, and the company's sales increased by over 300%.
- Investment: 87 Pizza's appearance on Shark Tank also helped the company to secure an investment from Mark Cuban, which allowed the company to expand its operations and open new locations.
Overall, 87 Pizza's appearance on Shark Tank was a major success for the company. The show's exposure helped to raise the profile of the company and its unique pizza, which led to increased brand awareness, a sales boost, and an investment from Mark Cuban.
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3. Investment
87 Pizza's appearance on Shark Tank was a success, and the company was able to secure an investment from Mark Cuban. This investment was a major turning point for 87 Pizza, and it allowed the company to expand its operations and open new locations.
- Funding for growth: The investment from Mark Cuban provided 87 Pizza with the funding it needed to grow its business. The company was able to use this funding to open new locations, expand its menu, and hire additional staff.
- Validation: The investment from Mark Cuban also served as a validation of 87 Pizza's business model. This investment showed that Mark Cuban believed in the company's potential, and it gave other investors confidence in the company.
- Partnership: The investment from Mark Cuban also gave 87 Pizza a valuable partner. Mark Cuban is a successful businessman with a lot of experience in the food industry. He has been able to provide 87 Pizza with valuable advice and support.
Overall, the investment from Mark Cuban was a major positive for 87 Pizza. This investment allowed the company to grow its business and reach new customers. It also gave the company a valuable partner in Mark Cuban.
4. Growth
87 Pizza's appearance on Shark Tank was a major turning point for the company. The show's exposure helped to raise the profile of the company and its unique Detroit-style pizza. Since then, 87 Pizza has continued to grow and expand, and it is now one of the most popular pizza restaurants in the Detroit area.
The company's growth is a direct result of its appearance on Shark Tank. The show's exposure helped to introduce 87 Pizza to a national audience, and it led to a significant increase in sales and brand awareness. The company has also used the investment from Mark Cuban to expand its operations and open new locations.
87 Pizza's growth is a testament to the quality of its food and the hard work of its founders. The company's unique Detroit-style pizza has won over customers and critics alike, and it has helped to make 87 Pizza one of the most successful pizza restaurants in the country.
5. Recognition
87 Pizza's appearance on Shark Tank was a major turning point for the company. The show's exposure helped to raise the profile of the company and its unique Detroit-style pizza. Since then, 87 Pizza has continued to grow and expand, and it is now one of the most popular pizza restaurants in the Detroit area.
The company's recognition in national publications is a testament to the quality of its food and the hard work of its founders. 87 Pizza's unique Detroit-style pizza has won over customers and critics alike, and it has helped to make 87 Pizza one of the most successful pizza restaurants in the country.
- Increased brand awareness: 87 Pizza's recognition in national publications has helped to increase the company's brand awareness. The company has been featured in some of the most prestigious food publications in the country, and this has helped to introduce 87 Pizza to a wider audience.
- Validation: The recognition that 87 Pizza has received from national publications is also a form of validation. These publications are known for their high standards, and their positive reviews of 87 Pizza show that the company is doing something right.
- Sales boost: The recognition that 87 Pizza has received from national publications has also led to a sales boost. People are more likely to try a restaurant that has been featured in a positive review, and this has helped to increase 87 Pizza's sales.
Overall, the recognition that 87 Pizza has received from national publications has been a major positive for the company. This recognition has helped to increase brand awareness, validate the company's product, and boost sales.
87 Pizza Shark Tank FAQs
87 Pizza's appearance on Shark Tank was a major turning point for the company. The show's exposure helped to raise the profile of the company and its unique Detroit-style pizza. Since then, 87 Pizza has continued to grow and expand, and it is now one of the most popular pizza restaurants in the Detroit area.
Here are some frequently asked questions about 87 Pizza and its appearance on Shark Tank:
Question 1: What is Detroit-style pizza?
Detroit-style pizza is a unique regional style of pizza that originated in Detroit, Michigan. It is characterized by its thick, focaccia-like crust, which is typically baked in a rectangular or square pan. The crust is topped with a layer of cheese, followed by a layer of sauce.
Question 2: What is 87 Pizza's unique take on Detroit-style pizza?
87 Pizza's unique take on Detroit-style pizza is its use of high-quality ingredients and its commitment to cooking the pizza to perfection. The company's pizza is made with a sourdough crust that is fermented for 24 hours, and it is topped with a blend of three cheeses, including brick cheese, mozzarella, and cheddar. The pizza is then cooked in a wood-fired oven, which gives it a crispy, caramelized crust.
Question 3: What happened when 87 Pizza appeared on Shark Tank?
When 87 Pizza appeared on Shark Tank, the company's founders, Jeffrey and Emily Aronsson, pitched their business to a panel of investors. They were seeking $500,000 in exchange for a 5% stake in the company. The investors were impressed by 87 Pizza's unique take on Detroit-style pizza, and they ultimately agreed to give the company a deal.
Question 4: What was the deal that 87 Pizza accepted on Shark Tank?
87 Pizza accepted a deal from investor Mark Cuban. Mark Cuban offered the company $500,000 in exchange for a 15% stake in the company.
Question 5: What has happened to 87 Pizza since appearing on Shark Tank?
Since appearing on Shark Tank, 87 Pizza has continued to grow and expand. The company has opened new locations in Detroit and Novi, Michigan, and it has been featured in several national publications, including The New York Times and Food & Wine magazine.
Question 6: What are the key takeaways from 87 Pizza's appearance on Shark Tank?
The key takeaways from 87 Pizza's appearance on Shark Tank are that:
- A well-executed pitch can lead to investment and growth opportunities.
- Hard work and dedication can pay off in a big way.
- It is important to stay true to your vision and your brand.
87 Pizza's appearance on Shark Tank was a major success for the company. The show's exposure helped to raise the profile of the company and its unique pizza, and it led to increased brand awareness, a sales boost, and an investment from Mark Cuban.
87 Pizza is a success story that shows that anything is possible with hard work and dedication. The company's appearance on Shark Tank was a major turning point, but it is just one chapter in the 87 Pizza story. The company is poised for continued growth and success in the years to come.
Tips from "87 Pizza Shark Tank"
87 Pizza's appearance on Shark Tank was a major success for the company. The show's exposure helped to raise the profile of the company and its unique pizza, and it led to increased brand awareness, a sales boost, and an investment from Mark Cuban.
Here are some tips that you can learn from 87 Pizza's success:
Tip 1: Have a unique product or service87 Pizza's success is due in large part to its unique product. The company's Detroit-style pizza is unlike any other pizza on the market, and it has quickly become a favorite of pizza lovers in the Detroit area.Tip 2: Be passionate about your businessThe founders of 87 Pizza are passionate about their business, and it shows in everything they do. They are committed to making the best pizza possible, and they are always looking for ways to improve their product and their customer service.Tip 3: Be prepared to work hardThe founders of 87 Pizza have worked incredibly hard to build their business. They have put in long hours, and they have made many sacrifices along the way. However, their hard work has paid off, and 87 Pizza is now a successful and profitable business.Tip 4: Be persistentThe founders of 87 Pizza never gave up on their dream. They faced many challenges along the way, but they never gave up. Their persistence paid off, and they were eventually able to achieve their goals.Tip 5: Be willing to take risksThe founders of 87 Pizza were willing to take risks. They invested their own money into the business, and they were willing to put in long hours. Their willingness to take risks paid off, and 87 Pizza is now a successful business.Summary of key takeaways or benefits:Having a unique product or service can help you to stand out from the competition. Being passionate about your business will help you to stay motivated and to overcome challenges. Being prepared to work hard is essential for success in any business. Being persistent will help you to achieve your goals.* Being willing to take risks can pay off in the long run.Transition to the article's conclusion:87 Pizza's success is a testament to the hard work and dedication of its founders. The company's appearance on Shark Tank was a major turning point, but it is just one chapter in the 87 Pizza story. The company is poised for continued growth and success in the years to come.Conclusion
87 Pizza's appearance on Shark Tank was a major turning point for the company. The show's exposure helped to raise the profile of the company and its unique Detroit-style pizza. Since then, 87 Pizza has continued to grow and expand, and it is now one of the most popular pizza restaurants in the Detroit area.
87 Pizza's success is a testament to the hard work and dedication of its founders. The company's unique product, commitment to quality, and willingness to take risks have all contributed to its success. 87 Pizza is a shining example of what can be achieved with hard work and determination.