Tom and Chee Net Worth 2023 Update (Before & After Shark Tank)
Tom and Chee is a chain of grilled cheese and tomato soup shops. This was started by Trew Quakenbush and Cory War in 2009. As of October 2023, Tom and Chee’s net worth is $850,000. They are pulling nearly a whopping $1.5 million in annual revenue.
In May 2013, they appeared on Season 4 of Shark Tank USA and made a deal with Barbara Corcoran and Mark Cuban for $600,000 for 30% of equity. The final valuation was $2 million, down from the founder’s initial estimate of $6 million.
Tom and Chee is one of those businesses that saw great success after the Shark Tank appearance. In 2023 the company had a decrease in its net worth; Still, Tom and Chee is in business. They have a number of locations across the USA. You can also place orders via the website.
See also: Similar items on Amazon.
Tom and Chee Net Worth
Net worth | $850,000 (2023) |
Annual Sales Revenue | $1.5 million (2022) |
Profits | – |
Lifetime sales | – |
Investors | Barbara Corcoran and Mark Cuban |
Founders | Trew Quakenbush and Cory War |
Employees | 100-120 |
Tom and Chee Net Worth Timeline
Net Worth 2023 | $850,000 |
Net Worth 2022 | – |
Net Worth 2021 | – |
Net Worth 2020 | – |
Net worth valuation in 2013 after appearing on Shark Tank | $2 million |
Net worth valuation in 2013 before appearing on Shark Tank | $6 million |
Tom and Chee Pitch on Shark Tank
Company name | Tom and Chee |
Product | A chain of grilled cheese and tomato soup shops |
Episode | Season 04 Episode 02 |
Founders | Trew Quakenbush and Cory War |
Asked for | $600,000 for 10% equity |
Final deal | $600,000 for 30% equity |
Sharks | Barbara Corcoran and Mark Cuban |
Location | Cincinnati, Ohio |
Don’t miss these products from Season 4
Tom and Chee Founders
Tom and Chee was founded by Trew Quakenbush and Cory War in 2009. Trew has a professional background in the culinary industry. He studied at the New England Culinary Institute and played diverse roles in the restaurant business. Cory is a graphic designer. He also has outstanding marketing skills. Together, they created a successful business of their own. Tom and Chee’s founders, Trew Quakenbush and Cory War, have a net worth of $600,000 as of 2023.
Key accomplishments
Year | Accomplishment |
2013 | Tom and Chee featured on Shark Tank and secured a deal |
2023 | Tom and Chee currently has 19 locations in 7 states |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Tom and Chee and its continued success.