Camp No Counselors Shark Tank Update | What happened to Camp No Counselors after the Shark Tank Pitch?
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 Camp No Counselors founder?
Camp No Counselors was founded by Adam Tichauer. He is a business owner with an exceptional capacity to develop relationships and connections.
He was the CEO of Playbutton, a music-focused marketing firm, before launching Camp No Counselors.
He is currently an account executive at Charthop, a platform for organizational management.
Tichauer got the idea for Camp No Counselors when he wanted to bring a few of his old pals together for a weekend excursion.
He phoned a summer camp in upstate New York to see if he could hire the facility for the weekend (after the kids had vacated).
The party landed on the camp in two busloads of friends and friends of friends and proceeded to enjoy the time of their lives. He recognized he had a company after arranging many more weekends and began making arrangements.
Camp No Counselors is now present in nine metropolitan regions. Campers go without Wi-Fi or cell phones for the whole weekend and bond in ways that most of them haven’t done since they were kids.
The cost to attend is between $550.70 and $626.92, with discounts available for parties of four or more.
What happened to Camp No Counselors at the Shark Tank Pitch?
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. He introduces the notion and serves out s’mores to the Sharks, along with mimosas. Adam greeted them all and welcomed them to Camp No Counselors.
Currently, the Camps are located in New York City, Los Angeles, Chicago, and Nashville. The weekend costs $475 per adult, and the average age of campers is 30.
Adam adds that they rent the camps during the off-season and work with each camp’s existing infrastructure, including employees, to generate off-season revenue. His only expense is the rental, which includes staff wages and marketing.
Kevin O’Leary recalls working as a Camp Counselor and bringing youngsters kayaking. “This is what I discovered,” he says. “It stinks.
There are a lot of insects, you get eaten alive, and it’s difficult labour. When I go to bed these days, I prefer to put a mint on my pillow.
I don’t want to be around a camp in any way. I’m not sure why these folks would do anything like this.”
Kevin may not be the best partner for Adam, but Robert Herjavec is interested in learning more about the company.
Adam ran four camps in the previous year, grossing $160,000 in sales. He planned 11 camps for the following year, with 1,800 visitors and revenues of $730,000 thus far.
Sales of $800,000 are expected, with a profit of $165,000. Robert inquired as to how much it would normally cost to rent a camp out for the weekend.
Adam stated that they pay the camp $278 each participant, resulting in a profit of $200 per person.
He’s thinking of organizing business getaways to boost sales.
Kevin O’Leary is curious if Camp No Counselors is a trademarked notion. Adam states that he has a significant fanbase and is a well-known brand.
Although Kevin finds “nothing wrong” with the business plan, he has a requirement with his Shark Tank investments: he must utilize the things in which he invests. He’s not going because he “hates camping.”
Mark Cuban is curious as to why Adam requires a Shark. Adam responds that he requires funds in order to grow into new marketing.
Robert, Mark, and Lori all answer that he doesn’t need capital for expansion with his present cash flow.
Lori Greiner – thinks it’s innovative and seems like fun, but the value is off and she doesn’t view it as an investible opportunity for her. She has left.
Daymond He is accused of “gold mining” by John. He doesn’t think Adam requires anything from the Sharks.
Adam intends to create something like to a Tough Mudder or Colour Run, which he will ultimately license.
Daymond aspires to make a profit “every year or every quarter.” He’s out because he’s not interested in a long-term sell-out investment.
Robert was the next to speak. He stated that he like the concept as well as camping. He left because he did not view money as a solution to building this firm.
Mark Cuban is the sole survivor of the Sharks. He informs Adam that his value is too high and makes a $300,000 offer for a 25% stake.
Adam claims that the only way he’d go that high is if all of the Sharks agreed.
The Sharks are dissatisfied and reject, leaving Adam with no Shark deal.
Camp No Counselors after the Shark Tank Pitch
Although Adam didn’t get a Shark to bite on his dubious valuation and excessively ambitious offer, he is reaping the benefits of the Shark Tank Effect, with queries and interest pouring in via e-mail, Facebook, and his website.
Soon after the episode aired, he issued a blog imploring potential buyers to be patient, promising to respond “within 10 business days.”
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.
Even without a Shark contract, Adam appears to be camped out in the foothills of success.
The Covid-19 epidemic effectively put an end to this business in 2020. Despite the fact that there were no camps open during the year, the corporation did not furlough anyone.
They intend to hold camps in 2021 that are more stringent than the CDC Guidelines. Before lockdowns, annual revenue was $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 [email protected] 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?
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3 nights accommodation in modern camp bunks
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Meals & Snacks
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Camp Activities
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Linen & Towel Service
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All Sessions
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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.