CUPBOP Seeks $1M Investment on Shark Tank US: Korean Brand Offers Favorable Terms and Equity
This article is a summary of a YouTube video "Shark Tank US | CUPBOP Are Asking For $1M From The Sharks" by Sony Pictures Television
TLDR John left Korea to create a successful national brand and is offering a loan of $1 million with favorable terms and equity for investors.
Timestamped Summary
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00:00
Kabob Cup Up is offering 3% equity for $1 million to become a top Quick Service restaurant.
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02:28
27 stores in 8 years, 18.7 million in sales, 9% increase during COVID - this company has achieved success through delivery and same store sales.
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04:04
He and his partner sold equity in their business to a group for an undisclosed valuation during COVID.
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05:22
John left Korea to create a national brand and prove his success in the US.
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07:31
Parents sacrificed for their children to have a better life, and I'm offering a loan of 1 million dollars with favorable terms.
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09:15
Founders who were bad at school can become successful by using sharp thinking to remodel businesses and get a million dollar loan with low interest and equity.
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11:02
Mark's offer isn't suitable for Cup Up as it needs to be positioned as a fun brand, not a healthy one.
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12:25
Invest $1M for 5% equity with partners in America!