What Is Hudson Pasta?
Pasta By Hudson is a quick-service Italian restaurant in Manhattan, New York City (Columbus Circle). In addition to their pasta bar, which allows guests to choose from a variety of pasta, sauces, and toppings, the restaurant’s menu includes pizza, salad, garlic knots, draught beer, desserts, and a recently introduced Italian slushie bar.
Who Is the Founder of Pasta by Hudson?
The restaurant was founded by Brandon Fay in New York City. Brandon completed his education at Nassau Community College, the State University of New York in Albany, and the Fashion Institute of Technology.
He opted for hospitality and restaurant management after dabbling with numerous career options, where he spent over two decades as a Partner and subsequently as a Managing Director at The Fireman Hospitality Group.
Fay is no stranger to television; in New York City, he has his own Sunday cooking show on the local CBS network. He also has experience in the culinary sector, having served as the managing director of The Trattoria Dell’Arte, one of New York City’s most prominent Italian restaurants, for over 18 years.
Fay visits Italy on a regular basis to keep up with the latest culinary trends, but he recognizes that pasta is a staple that everyone appreciates. Pasta by Hudson was inspired by Fay’s three-year-old daughter, who has “a personality as big as New York City.” Every day, everything is made fresh, and clients may even buy fresh, uncooked pasta by the pound.
What Happened to Hudson’s Pasta During the Shark Tank Pitch?
Brandon appeared on Shark Tank Season 11 Episode 17 looking for $150,000 in exchange for a 10% interest in his business. This equates to a $1.5 million price tag. He tells his story and gives out samples.
The Sharks like his food, especially his meatballs, which they believe are the greatest they’ve ever had. Brandon tells the Sharks that his current location, although being just 390 square feet, has earned $590,000 in sales so far this year.
He’s seeking a Shark to help him open three additional locations in New York City’s high-traffic areas. The first Shark to make an offer to Pasta by Hudson is Barbara Corcoran. Barbara would like to expand out and sell his frozen meatballs instead of aiding in the growth of his business.
Brandon is offered $150,000 in exchange for 50% ownership of the meatball company, allowing him to keep all of his restaurant equity. Lori Greiner is attracted as well, and she contacts Mark Cuban about working together on an offer.
They decide to make Pasta by Hudson a combined offer of $150,000 in exchange for 30% ownership. Mark would be the largest shareholder, contributing $100,000 for a 20% ownership, while Lori would contribute $50,000 for a 10% stake. Brandon is overjoyed and quickly agrees to work with Mark and Lori.
After the Shark Tank Pitch, What Happened to Pasta by Hudson?
The deal with Mark and Lori never got off the ground. Unfortunately for Brandon, this program aired during the Covid-19 outbreak. He cooked meals for the time, but his business deteriorated. The corporation also provided meals to nurses and first responders throughout the pandemic.
Because of pandemic restrictions, Brandon had to move from the underground market to an above-ground location in Chelsea. Brandon was able to keep the momentum going, with sales of $800,000-$900,000 as of July 2021. He reopened the Columbus Circle business once the riots calmed.
What Is Pasta Hudson’s Net Worth?
Brandon went on Shark Tank in quest of $150,000 in exchange for a 10% interest in his business. This equates to a $1.5 million price tag. They accepted a $150,000 offer from Mark and Lori for a 30% ownership, bringing the total price to $500,000. Since the firm has expanded, the present valuation is clearly higher.