Camp No Counselors Shark Tank Net Worth 2023

Adam Tichauer, the founder of Camp No Counselors, appeared on Shark Tank season 7 episode 28 in search of a $300,000 investment in exchange for 7.5 percent equity. This translates to a $4 million valuation for the company and represents a significant payout for potential investors.

As of December 2022, Adam has a net worth of $4 million, giving him plenty of financial resources to sustain his business over time and providing assurance to any “sharks” who might be thinking of investing in it.

What is Camp No Counselors? Who is the Camp No Counselors founder?

Camp No Counselors is one of the largest adult summer camps in the United States. It’s a location where you may recreate your childhood memories, detach from the outside world, and have a good time as an adult.

The majority of the summer camps are held in Florida, California, and New York. The fee of the camp also includes food, lodging, an open bar, and fun camp activities.

Adam Tichauer, a successful entrepreneur known for his exceptional ability to build relationships and establish connections, founded Camp No Counselors.

Prior to launching this venture, he served as the CEO of Playbutton, a marketing firm that focused on music. Currently, he works as an account executive at Charthop, a company that offers a platform for organizational management.

Tichauer came up with the idea for Camp No Counselors when he wanted to organize a weekend getaway for some of his old friends. He contacted a summer camp located in upstate New York and arranged to rent the facility for the weekend after the kids had left.

He invited his friends and their friends to join him, and they had a great time. Tichauer realized that he could turn this into a business, so he organized more weekends and began making plans to expand.

Today, Camp No Counselors is available in nine metropolitan regions. Campers participate in activities and form bonds without the distractions of Wi-Fi or cell phones, which helps them connect in ways that they may not have experienced since childhood. The cost of attending ranges from $550.70 to $626.92, with discounts offered for groups of four or more.

What happened to Camp No Counselors at the Shark Tank Pitch?

Adam appeared on Season 7, Episode 28 of Shark Tank seeking a $300,000 investment for a 7.5% stake in Camp No Counselors, valuing the company at $4 million. He introduced the Sharks to the concept and served them s’mores and mimosas, welcoming them to Camp No Counselors.

The camps are currently located in New York City, Los Angeles, Chicago, and Nashville, with a weekend cost of $475 per adult, and an average camper age of 30.

Adam explained that during the off-season, they rent the camps and utilize the existing infrastructure and employees to generate revenue, with rental costs, staff wages, and marketing being the only expenses. Kevin O’Leary recalled his experience working as a camp counselor and expressed disinterest in the concept, while Robert Herjavec expressed interest.

Adam had run four camps in the previous year, with $160,000 in sales. He planned to hold 11 camps in the following year with 1,800 visitors and $730,000 in revenues thus far. He expected sales of $800,000, with a profit of $165,000, and was considering organizing business getaways to boost sales.

Although Lori Greiner found the concept innovative and fun, she did not view it as an investable opportunity due to valuation concerns.

Daymond John did not believe Adam required anything from the Sharks, and Robert Herjavec and Mark Cuban did not see the need for additional capital for expansion.

Mark Cuban offered $300,000 for a 25% stake, but Adam wanted the agreement of all Sharks. As a result, the Sharks rejected the deal, leaving Adam without an investment.

Camp No Counselors after the Shark Tank Pitch

Although Adam’s questionable valuation and overly ambitious offer failed to attract a Shark’s investment, he is still benefiting from the Shark Tank Effect, as he is receiving numerous inquiries and interest through various channels such as e-mail, Facebook, and his website.

Following the episode’s airing, Adam posted a blog urging potential buyers to be patient and assuring them of a response within 10 business days. Since then, Camp No Counselors has expanded to ten cities, including Austin, Boston, Chicago, Los Angeles, Miami, Michigan, Nashville, New York, San Francisco, and Toronto.

Despite not securing a Shark deal, Adam seems to be well on his way to success. However, the Covid-19 pandemic dealt a significant blow to the business in 2020, with no camps being open throughout the year. Nevertheless, the corporation did not lay off any employees.

The company plans to hold camps in 2021, which will adhere to more stringent CDC guidelines. Prior to the lockdowns, the business was generating annual revenue of $2 million.

Camp No Counselors Net Worth

Adam appears on Shark Tank season 7 episode 28 in search of a $300,000 investment in exchange for 7.5 percent of Camp No Counselors. This equates to a $4 million valuation.

Camp No Counselors Competitors

Campbonfire is a competitor for Camp No Counselors.

Camp No Counselors FAQS

What is Camp No Counselors?

Camp No Counselors is one of the largest adult summer camps in the United States. It’s a location where you may recreate your childhood memories, detach from the outside world, and have a good time as an adult.

The majority of the summer camps are held in Florida, California, and New York. The fee of the camp also includes food, lodging, an open bar, and fun camp activities.

Who is the founder of Camp No Counselors?

Adam Tichauer is the founder behind Camp No Counselors.

How much was he asking in the Shark Tank?

Adam was asking for $300,000 in exchange for 7.5 percent equity in the Company.

Did he get the deal from the Sharks?

No, he did not get the deal from the Sharks.

Is Camp No Counselors still in business?

Camp No Counselors is still in business and has begun to expand as a result of the exposure it received on Shark Tank.

What episode of Shark Tank was Camp No Counselors featured?

Camp No Counselors was featured on Season 7 episode 28.

Where can they find Camp No Counselors?

Camp No Counselors has expanded to ten cities after its appearance on Shark Tank: Austin, Boston, Chicago, Los Angeles, Miami, Michigan, Nashville, New York, San Francisco, and Toronto.

How can they contact Camp No Counselors?

They can email them at info@campnocounselors.com or visit their website at www.campnocounselors.com

How much do they charge? Camp No Counselors Cost

The weekend costs $599 – $799 per adult  for three days.

What’s Included?

• 3 nights accommodation in modern camp bunks

• Meals & Snacks

• Camp Activities

• Linen & Towel Service

• All Sessions

• Smoothie Bar and Mocktail Hours

How do they pay?

Camp No Counselors accepts Visa, MasterCard, American Express, and Discover.

What is net worth of Adam Tichauer?

Adam Tichauer’s net worth is unavailable.

When was Camp No Counselors aired on Shark Tank?

It was aired on May 13th, 2016.