Sam Polk and David Foster want a Shark to sit at EveryTable, their healthy fast food concept with a social mission, in Shark Tank episode 919. Polk, a former hedge fund trader, and Foster, a former private equity professional, got together in 2014 at Groceryships. Groceryships is a non-profit organization that provides nutrition education, cooking classes, free produce, and support groups to low-income people. While working there, people kept saying they needed an “on the go” version of the types of foods Groceryships was touting.
That suggestion, along with Polk's social mission, was the beginning of EveryTable. Polk and Foster want “to bring healthy, affordable food to every table in the country, with no one left out.” The way they do it is they locate in an area where there are no healthy dining alternatives – just fast food joints. EveryTable makes healthy meals at prices that compete with the McDonalds and Burger Kings of the fast food world.
They have top-notch chefs making things like Jamaican Jerk Chicken, Kale Caesar Salad, Vegan Yucatán Chili and so much more. Most meals are gluten-free and there are plenty of vegan options too. They currently have five LA area locations with plans to open more. Diners can heat hot meals in microwaves at each store or take their meal home. Pricing for meals is based on the neighborhood. Diners in a low-income area will pay less than those in a higher income area. Either way, Polk says the meals are affordable to diners in a given neighborhood based on ZIP Code-level per capita income data.
Polk likely wants to expand on a large-scale and a Shark could help accelerate the process. Will a Shark dine at EveryTable?
EveryTable Company Information
Posts about EveryTable on Shark Tank Blog
EveryTable Shark Tank Recap
Sam and David will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Barbara Corcoran, Rohan Oza, Lori Grenier, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards." A full pitch re-cap on EveryTable will be available on Shark Tank Blog once this episode airs.
EveryTable Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on EveryTable & Sam Polk and David Foster as more details become available.