Mrs.Goldfarb's Unreal Deli - Shark Tank Update

Mrs. Goldfarb's Unreal Deli -

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Season 11, Episode 8 Founded by Jenny Goldfarb In Business

Mrs.Goldfarb's Unreal Deli Details

Shark Tank Episode Details

Founders Jenny Goldfarb
Air Date 2019-11-17
Season & Episode Season 11, Episode 8
Initial Ask $100K for 10.0% equity
Deal Details Got deal: $250K for 20.0% equity from Mark Cuban
Estimated Yearly Revenue $4 million
Estimated Net Worth (4x estimated revenue) $16 million

The Shark Tank Pitch

Culinary nostalgia met vegan innovation when Jenny Goldfarb channeled her profound homesickness for authentic New York deli experiences into Mrs. Goldfarb's Unreal Deli, a plant-based food company dedicated to recreating beloved traditional flavors without compromising her ethical dietary choices.

After relocating from NYC to Los Angeles and transitioning to veganism, Goldfarb desperately missed the iconic deli culture that had shaped her culinary identity, recognizing a massive market opportunity to serve fellow vegans and health-conscious consumers seeking satisfying alternatives to processed meats. Her breakthrough 100% plant-based corned beef utilized wholesome ingredients including beets, tomatoes, and chickpeas to deliver authentic taste and texture while packing 14 grams of protein per serving with only 100 calories per 2-ounce portion, representing years of recipe development focused on capturing the essence of traditional deli meats.

The production process achieved remarkable cost efficiency at $3.80 per pound manufacturing costs while retailing between $8-$10 per pound, creating healthy profit margins that enabled rapid scaling across multiple retail channels and restaurant partnerships. Despite operating for only a few months before filming, Goldfarb had already secured placement in six Los Angeles delis with confirmed deals for 58 Whole Foods stores the following month and agreements with 230+ chain restaurants for the subsequent year, demonstrating exceptional execution speed and market validation.

Seeking $100,000 for 10% equity and valuing her revolutionary plant-based company at $1 million, Jenny entered Season 11 with projected sales of $3 million upon full market launch, while positioning Mrs. Goldfarb's Unreal Deli as the definitive solution for consumers seeking authentic deli experiences without animal products or excessive calories.

Where Are They Now?

Mark Cuban's vegetarian lifestyle and belief in plant-based food innovation led him to make an aggressive counter-offer of $250,000 for 20% equity, exceeding Jenny's funding request while expressing genuine enthusiasm about becoming the poster child for her revolutionary deli products. The partnership with Mark provided invaluable credibility and retail connections that accelerated Mrs.

Goldfarb's Unreal Deli's expansion into major grocery chains including Whole Foods, Wegman's, Publix, Giant, Ralph's, and Fresh Thyme, while also securing placement in restaurant chains like Quiznos that validated the product's commercial viability. The company successfully expanded their product line beyond corned beef to include plant-based steak and roasted turkey, demonstrating their ability to replicate diverse traditional deli meats while maintaining the authentic flavors and nutritional benefits that distinguished their brand from competitors.

Cuban's continued backing and promotional efforts helped establish Mrs. Goldfarb's Unreal Deli as a premium brand in the rapidly growing plant-based meat market, with plans for premade sandwiches and additional product innovations supporting sustained growth trajectory.

We found that Mrs. Goldfarb's Unreal Deli has achieved remarkable success with annual revenue reaching approximately $4 million as of 2024, serving health-conscious consumers and vegans who have discovered that they don't need to sacrifice taste or satisfaction when choosing plant-based alternatives to traditional deli meats, proving that innovative food companies can build substantial businesses by combining authentic flavors with nutritional benefits while addressing the growing demand for sustainable protein sources that support both personal health and environmental responsibility.

Revenue

$4 million

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