No, Atlas Monroe is no longer in business. The Southern-style fried chicken brand turned down a seven-figure Shark Tank offer, found early success, and still ended up in bankruptcy court.
What happened on Shark Tank
Founders Deborah and Jonathan Torres pitched on Season 11 and declined a $1 million offer from Mark Cuban and Rohan Oza, betting they could grow faster on their own terms. In the short term, that bet looked justified: the company generated $350,000 in online sales within two hours of the episode airing, and by 2021 total sales had topped $2 million.
Why it collapsed anyway
Success at the sales line didn’t translate into operational stability. Nine separate complaints were filed with the Better Business Bureau, and Yelp reviews increasingly cited long wait times and poor communication. The company’s social media accounts went dormant by late 2023, and its standalone restaurant location closed. Atlas Monroe filed for Chapter 7 bankruptcy in 2024, and its remaining assets were auctioned off. The website and social channels remain inactive.
Frequently asked questions
Did Atlas Monroe take the Shark Tank deal?
No. The founders turned down a $1 million offer from Mark Cuban and Rohan Oza.
Why did Atlas Monroe go out of business?
Despite strong early sales, the company faced sustained operational and customer service complaints, leading to a 2024 Chapter 7 bankruptcy filing.
Is Atlas Monroe’s chicken still available anywhere?
No, the company’s assets were auctioned off after its 2024 bankruptcy filing.
For more Shark Tank updates, see Talmyn’s Business Case Studies desk.
