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What is Buena Papa French Fry Bar?
Buena Papa French Fry Bar, founded by James and Johanna Windon, is a culinary sensation delivering a unique twist to traditional French fries. This innovative concept, launched in 2021 in Raleigh, North Carolina, goes beyond the ordinary by offering hand-cut, made-to-order gourmet French fries.
Buena Papa Fry Bar stands out with its Colombian-inspired, Latin-infused flavors, creating a delightful fusion with global, premium toppings.
Buena Papa French Fry Bar Net Worth
According to Forbes and industry reports, the estimated net worth of Buena Papa French Fry Bar is $1.8 million, with monthly sales revenue ranging from $1000 to $5000. However, during the holiday season, these figures are expected to significantly increase.
Buena Papa’s secret recipe, passed down through generations, guarantees a taste unlike any other in the industry. Buena Papa has achieved an impressive 25% year-over-year increase in sales since its inception.
Founder Story
Buena Papa French Fry Bar’s founders, James and Johanna Windon, stumbled upon their unique concept during the COVID-19 pandemic. When a missing ingredient forced a creative solution to their traditional Colombian dish, James suggested using fries as a substitute for rice.
The unexpected success of this experiment inspired them to explore diverse flavors, leading to the birth of Buena Papa in 2020.
This culinary twist not only saved a family meal but also laid the foundation for a business that redefines the enjoyment of French fries with Colombian-inspired, Latin-infused flavors.
Business Model
Buena Papa is a French fry bar that has revolutionized the fast-food industry by offering customizable fries and high-quality ingredients.
Customers can choose from a variety of potatoes, seasonings, toppings, and dipping sauces to create their own personalized fry experience.
The brand also caters to different dietary needs by offering gluten-free, vegan, and vegetarian options. Buena Papa sources fresh, locally grown potatoes to ensure the highest quality and flavor in every bite.
Apart from their restaurant, they offer franchises, which further boost their revenue and sales.
Shark Tank Appearance
James and Johanna Windon, the brains behind Buena Papa French Fry Bar, brought their loaded fry dishes to Shark Tank, seeking $400,000 for 7% equity. Despite initial skepticism, they secured a deal with Robert Herjavec for the same investment at 19% equity.
Buena Papa, born in 2021 in Raleigh, North Carolina, turned traditional fries into a sensation with Latin-inspired toppings.
Buena Papa maintains a strong profit margin with a production cost of $3.50 per dish, which they sell for $13.50. This results in a healthy 28% food margin.
After a viral TikTok moment, their sales skyrocketed, reaching $1.2 million in the first year at the initial 200-square-foot location.
Post-Shark Tank, they expanded to Durham, North Carolina, and maintained two locations in Raleigh. The Miami spot is in the works. Buena Papa’s franchise dreams, featuring an $29,500 initial fee and 8% royalty, are on the horizon.
Social Media Handles
You can find Buena Papa French Fry Bar on Facebook, Twitter, and Instagram, where they consistently share updates about their products and special offers. We highly recommend following them for the latest information.
Conclusion
After appearing on Shark Tank and receiving an investment from Robert Herjavec, Buena Papa experienced exponential growth and a significant increase in net worth.
