When Avocaderia launched in 2017, the idea of an avocado-themed restaurant sounded more like a trendy Instagram experiment than a scalable business. But by 2025, that humble Brooklyn eatery had evolved into “Avo”, a data-driven, community-focused fast-casual chain generating around $5 million in revenue. Here’s how they did it.
Avocaderia Net Worth in 2025: A Realistic Financial Snapshot
In 2025, Avocaderia has grown from its Brooklyn roots into a fast-casual chain with an estimated valuation of $2–5 million, reflecting its five New York City locations and strong brand identity.
While exact financials remain private, industry benchmarks and Avo’s operational scale suggest this range captures its steady climb from a $2 million valuation in 2018, when it had just two locations. With no outside investors or finalized Shark Tank capital, Avo’s self-funded growth underscores its resilience in the competitive NYC restaurant market.
This valuation balances Avo’s revenue potential, prime locations, and consumer demand for healthy dining against high operational costs in urban centers.
RELATED: HOW SHARKS VALUATE A BUSINESS ON SHARK TANK
How the Net Worth Is Calculated
Avo’s net worth is estimated using industry-standard methods tailored to fast-casual restaurants.
- Assuming an unverified revenue of $5 million ($1 million per location), the Seller’s Discretionary Earnings (SDE) method estimates SDE at ~$525,000, based on a 7.5% net profit margin plus add-backs like owner’s salary.
- Applying a 2.5x SDE multiple, common for NYC fast-casual chains, yields ~$1.3 million.
- The Revenue Multiple method uses a 0.75x multiple, reflecting Avo’s growth and niche appeal, suggesting ~$3.75 million.
- The Market Comparison approach scales the 2018 $2 million valuation and benchmarks against similar chains like Just Salad, estimating $3–6 million.
- The $2–5 million range blends these, factoring in Avo’s prime locations and brand strength, per Fast Casual’s industry insights, while acknowledging NYC’s high costs.
For precision, financial statements or expert consultation via restaurant valuation services would refine this estimate.
Avocaderia Founders: From Italy to Industry City
Alessandro Biggi, Francesco Brachetti, and Alberto Gramini weren’t chefs or restaurant moguls, they were three Italians with a shared love of avocados and a vision to revolutionize healthy eating.

Biggi, with a background in tech and startups, brought strategic and business leadership. Brachetti, inspired by his time in Mexico City, had the financial and operational know-how. Gramini, the culinary mind, crafted the original menu that made headlines.
Before Avocaderia, Biggi had already founded and sold a storytelling app (20lines), led Zooppa, a global creative agency (was acquired by Talenthouse AG), and worked with H-Farm, an Italian innovation incubator.
Brachetti, on the other hand, had built his career in Latin America’s startup ecosystem, working at Dafiti. Gramini focused on farm-to-table principles, producing tomatoes and olive oil back in Tuscany. Their combined skillsets proved to be the perfect recipe.
The Rise of Avocaderia: A Viral Opening
Avocaderia officially opened in April 2017 inside Industry City, Brooklyn. The hype was almost instant. The founders ran out of 200 avocados in the first three hours, validating their belief that New Yorkers were ready for health-forward, Instagram-worthy meals.
What helped? Before the restaurant even opened, the team built a community of 10,000 avocado fans on Instagram. That pre-launch buzz translated directly into foot traffic. With just $70,000 from their savings and family, they had built a brand that was profitable by the end of year one.
The Shark Tank Effect: A Deal That Didn’t Close
In 2018, the trio took their concept to Shark Tank. Alessandro Biggi pitched for $300,000 in exchange for 10% equity. Barbara Corcoran and Mark Cuban countered with $400,000 for 20%, and Biggi agreed. But the deal fell through after filming. The founders opted out, choosing to retain control over their vision and brand.
We knew what we wanted Avo to be. The Shark deal was great PR, but we weren’t willing to lose control. — Alessandro Biggi
Still, Shark Tank changed everything. Sales skyrocketed. They opened a second location in Chelsea within months and saw their valuation hit $2 million. More importantly, the national spotlight cemented Avocaderia’s reputation as the world’s first avocado bar.
RELATED: Most Successful Shark Tank Rejects
🎯 If you were a Shark, would you have invested in Avocaderia?
The Rebrand to “Avo”: More Than Just Avocados
By 2024, the founders realized something important, people loved avocados, but they wanted more variety. That’s when Avocaderia officially rebranded to “Avo.”
The new mission: serve “everyday comfort beyond the bowl.”
This wasn’t just a name change. The menu expanded to include seasonal produce, customizable bowls, and options for all dietary needs, vegan, gluten-free, keto, nut-free.
They even used customer feedback collected through surveys and loyalty platforms to refine their offerings. The rebrand earned them a spot on Fast Casual’s Top 100 Movers & Shakers in 2024.
Products, Sourcing, and Ethics: Quality at the Core
Avocaderia may have started as an avocado bar, but Avo is now a full-blown wellness kitchen. The updated menu still highlights the beloved fruit, but also includes high-protein salads, scratch-made dressings, and vibrant, nutrient-dense bowls.
They’ve managed the challenges of avocado supply by sourcing Hass avocados from Michoacán, Mexico, and developing internal ripening protocols. Instead of passing rising avocado costs to customers, they absorb them—a rare move in the restaurant world
Sustainability matters, too. Avo screens suppliers based on ethical practices, environmental stewardship, and fair labor. Kitchen practices focus on minimizing waste and preserving natural nutrients through gentle cooking techniques.
Branding That Works: From “Avo Good Time” to TikTok
Avo’s branding strategy is playful, community-focused, and unmistakably modern. Their tagline, “Avo Good Time”, injects humor into healthy eating. Meanwhile, their TikTok and Instagram accounts keep customers engaged with behind-the-scenes videos, seasonal dishes, and staff spotlights.
Their loyalty isn’t accidental. Avo uses customer data and tools like Bikky to identify top patrons, get feedback, and personalize offers. They’ve cultivated nearly 65,000 Instagram followers and thousands more across Facebook and TikTok—turning food into an experience worth sharing.
Expansion Plans: What’s Next for Avo?
As of 2025, Avo operates five locations, all in New York City. But the vision doesn’t stop there. The team has expressed plans to expand to neighboring cities like Boston, Philadelphia, and New Jersey. While franchising isn’t yet in play, it’s on their radar.
In the short term, Avo aims to open two more NYC locations. Long term, they want to replicate their data-driven, community-first model in urban markets across the East Coast.
The Final Word: A Model of Modern Restaurant Growth
Avo’s story is a masterclass in modern brand building. It shows that:
- A niche concept can evolve into a mainstream success.
- A Shark Tank deal isn’t required to scale; community and clarity are.
- Listening to customers, not just trends, leads to lasting growth.
From avocado toast to data-backed decision-making, Avo proves that healthy eating can be both joyful and scalable. And in a market full of health fads, that’s what sets them apart.
🔹 TL;DR – Avo’s Journey at a Glance
Avocaderia, founded in 2017 as the world’s first avocado bar, rebranded to Avo in 2024. Now generating an estimated $5 million in annual revenue across five NYC locations, Avo has evolved into a data-driven, community-first healthy fast-casual brand, without ever finalizing its Shark Tank deal.
FAQs
What is Avocaderia’s net worth in 2025?
Avo’s estimated net worth in 2025 is between $2 million and $5 million, based on its $5 million annual revenue and industry-standard valuation methods for fast-casual restaurant chains.
Did Avo (formerly Avocaderia) get a deal on Shark Tank?
Yes, a deal was made on-air with Barbara Corcoran and Mark Cuban for $400,000 in exchange for 20% equity, but it was never finalized after filming.
Why did Avocaderia change its name to Avo?
The rebrand to “Avo” in 2024 reflected a broader mission beyond just avocados. The new identity emphasizes customizable, healthy bowls and seasonal meals that offer everyday comfort.
How many Avo locations exist as of 2025?
Avo operates five locations in New York City, with plans to open two more and expand to cities like Boston and Philadelphia in the near future.
Is Avo a franchise?
No, all current locations are corporate-owned. However, the company has indicated it may consider franchising as part of future expansion.