Ramen noodles constitute an easy dish. They are simple to prepare and affordable. However, they require a stove for cooking. Chris Johnson identified an issue. He developed the Rapid Ramen Cooker. This meal prepares ramen using a microwave. It requires only half the duration. It is simple to operate. You put in noodles, add water and microwave it. It takes just a few minutes.
Chris presented his concept on Shark Tank. He requested $300,000 in exchange for 10% equity. He assessed his business at $3 million. Will the entrepreneur get a deal on Shark Tank? Check out the Rapid Ramen update to find out!
Rapid Ramen Cooker Net Worth Shark Tank Update 2025
Chris Johnson went on Shark Tank asking for $300,000 for 10% of his company. This meant he thought his business was worth $3,000,000. He made a deal with Mark Cuban and Lori Greiner for $300,000 for 15%, lowering the valuation to $2,000,000. The episode was aired on September 20, 2013. The company expanded into Rapid Brands and continues to sell microwave cookers nationwide. Using the viral/heavy-traction method, the current net worth of Rapid Brands is estimated to be around $25–30 million in 2025.
The Rapid Ramen Cooker became very popular. It is still in business. The company grew after Shark Tank. It became Rapid Brands. It made over $55 million in sales. You can buy the cooker online. It is on Amazon and the company’s website. It is also in stores.
The product is a top seller in microwave accessories. People like it for its convenience. It is BPA-free and dishwasher-safe. The company also created other products. They made cookers for rice and other meals. Chris Johnson’s idea became a big success.
Yes the Rapid Ramen Cooker got a deal. Chris asked for $300,000 for 10% equity. The sharks made different offers. Mark Cuban agreed to a deal. He gave $150,000 for 15% equity. He also gave $150,000 as a loan. Chris worked hard to grow the business after the show. The deal helped him with inventory and expansion.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Lori Greiner | Out | N/A | N/A |
| Barbara Corcoran | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Robert Herjavec | $300,000 for 40% equity | $300,000 for 25% equity | N/A |
| Mark Cuban | $150,000 for 20% equity | $150,000 for 15% equity | Yes to counteroffer |
Rapid Ramen Cooker Shark Tank pitch
Chris Johnson was fond of ramen noodles. He frequently consumed them. However, preparing them on a stove requires time. He desired a faster method. This concept motivated him. He developed the Rapid Ramen Cooker. It addressed the issue. Individuals can prepare ramen in a microwave. Chris began modestly. He put in significant effort to create his product. He created a basic and long-lasting design.
The cooking appliance was free of BPA. It was safe to use in the dishwasher as well. Chris encountered numerous difficulties. He required funds to produce additional cookers. He personally contacted retailers. He persuaded them to market his product. This was not simple. Numerous shops declined. However, Chris persisted. He was confident in his concept. His effort was rewarded. He secured major retailers. His item quickly appeared in 2500 shops.
Chris Johnson entered the Shark Tank. He showcased his Rapid Ramen Cooker. He requested $300,000 in exchange for a 10% stake. He demonstrated the operation of the cooker. It prepared noodles quickly and effortlessly. Chris revealed his figures. His business earned $164,000 within three months. He required funds to produce additional cookers. The sharks appreciated his enthusiasm.
However, they had inquiries. They inquired about his revenues and expenses. The production cost of each cooker is $0.75. It was sold for $5.99. Chris mentioned that 80% of sales occurred in retail locations. He possessed a pending patent. A few sharks believed the concept was overly simplistic. Some are concerned about rivalry. Chris supported his product. He thought it might become large.
The sharks posed numerous inquiries. Kevin O’Leary inquired about patents. He fretted that someone could replicate the concept. Chris mentioned that a patent was being processed. Lori Greiner was also concerned about this. Mark Cuban inquired about the sales for the month. Chris mentioned that they earned $80,000 the previous month. Robert Herjavec inquired about the company’s worth.
Chris stated that he thought it was valued at $3 million. Certain sharks believed this was excessively high. They were curious about why Chris required $300,000. He mentioned it was for stock-taking. He aimed to satisfy demand. The sharks inquired about how he entered the stores. Chris mentioned that he contacted them personally. This left them impressed. Barbara Corcoran stated that the concept was smart. However, she was concerned it might be temporary. The sharks discussed the dangers. They talked about rivalry. They discussed the worth of the company.
Kevin O’Leary presented the initial proposal. He sought a $1.10 royalty for each unit until he recouped his investment. Then he desired $0.50 for each unit indefinitely. Chris was not fond of this proposal. Lori Greiner stepped outside. She fretted over the competition. Barbara Corcoran left as well. She believed the product could be short-lived. Robert Herjavec presented a proposal.
He sought a 40% stake for $300,000. Chris believed this was excessively high. Mark Cuban initially declined. However, he later reversed his decision. He proposed $300,000. Half was allocated for 20% ownership. The remaining portion was a loan. Kevin and Robert attempted to modify their proposal. Chris remained attentive. He proposed a counteroffer to Mark. He requested 15% ownership. Mark agreed. Chris secured the agreement.
What Went Wrong With Rapid Ramen On Shark Tank?
Certain sharks were not fond of the product. Lori and Barbara were concerned about competition. They believed it was simple to replicate. Kevin sought royalties. Chris was not fond of this. Robert desired an excessive amount of equity.
Mark’s initial proposal was likewise excessively high. Yet Chris remained composed. He clarified the reasons his product was distinct. He had faith in its worth. He didn’t allow the sharks’ skepticism to hinder him. He discovered an agreement that was effective.
Product Availability
The Rapid Ramen Cooker is easy to find. You can buy it online. It is on Amazon and the company’s website. It is also in stores. The cooker is BPA-free. It is safe to use. It is also dishwasher-safe. The design is simple and durable. It cooks ramen fast.
The product is popular with students and busy people. It is great for small kitchens and dorms. The cooker costs $5.99. It is affordable. The company also sells other products. They have cookers for rice and other meals. Rapid Brands keeps growing.
Conclusion
The Rapid Ramen Cooker started with a simple idea. Chris Johnson wanted to make ramen fast. He created a product that solved this problem. He worked hard to grow his business. He impressed the sharks on Shark Tank. Mark Cuban believed in his idea. The product became a success. It is still popular today. The company grew and made millions.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
