Uncle Zip's Beef Jerky on Shark Tank
Beef Jerky - Season 2 - Episode 204 - Update 2/21/2014
|Owner of Uncle Zip's Beef Jerky|
Ken Howell from North Carolina
Ken (Uncle Zip or the Jerky Man) came into the Shark Tank seeking $25,000.00 for 20% equity stake in his all natural beef jerky. This is a Family recipe passed down from his Dad who has since past away and Ken needs the investment to take this promising business to the next level. Howell claims this is the absolute freshest beef jerky on the market with zero additives or preservatives.
Interestingly Jeff Foxworthy already has his own line of Beef Jerky on the market but he does pay Ken a huge compliment saying "Uncle Zips is good, very good". Most of the beef jerky you see on store shelves have a multi-year shelf life because of the additives, chemicals and preservatives, but Uncle Zip's lasts only 2 months using his Dad's all natural Family recipe. Foxworthy might not of come out and said it directly, but how could his line of beef jerky or most any other brand on the market compete with taste from just this fact alone.
Getting down to the business side Ken has been in the Uncle Zip's Beef jerky Business for the past 10 years, but little activity growing the business for the last 7 years. The very best year's sales came in at $100,000.00 right before his dad past away. Last year's sale's (in 2011) was under $50k which didn't seem to impress any of the Sharks. Howell needs the $25k investment to upgrade his processing plant and then start expanding into other regional markets that will also need their own beef jerky processing plant because of the limited shelf life.Read More Here-->>>