What Happened to Camp No Counselors After the Shark Tank Pitch?
What is Camp No Counselors?
Camp No Counselors is one of the country’s largest adult summer camps. It’s a place where you may relive your childhood memories, disconnect from the outside world, and have fun as an adult.
Summer camps are mostly offered in Florida, California, and New York. The camp cost also includes meals, housing, an open bar, and enjoyable camp activities.
Who is the Founder of Camp No Counselors?
Adam Tichauer established Camp No Counselors. He is a company entrepreneur with a strong ability to build relationships and connections.
Before starting Camp No Counselors, he was the CEO of Playbutton, a music-focused marketing agency.
He is presently an account executive at Charthop, an organizational management platform.
Tichauer got the idea for Camp No Counselors when he wanted to get together with some old friends for a weekend trip.
He called an upstate New York summer camp to ask if he could rent the facilities for the weekend (after the kids had vacated).
The group arrived to the camp in two buses full of friends and friends of friends and proceeded to have the best time of their life. After planning several more weekends, he realized he had a business and began making plans.
Camp No Counselors is now available in nine metropolitan areas. Campers forego Wi-Fi and mobile phones for the duration of the weekend, bonding in ways that most of them haven’t done since they were youngsters.
The admission price ranges from $550.70 to $626.92, with discounts available for groups of four or more.
What Happened to Camp No Counselors at the Shark Tank Pitch?
Adam made his appearance on Shark Tank season 7 episode 28 in quest of a $300,000 investment in exchange for 7.5% of Camp No Counselors.
This works out to a $4 million valuation.
He presents the concept and offers the Sharks s’mores and mimosas. Adam met each and every one of them and welcomed them to Camp No Counselors.
The Camps are now located in New York City, Los Angeles, Chicago, and Nashville. The weekend costs $475 per adult, and the typical camper is 30 years old.
Adam adds that during the off-season, they rent the camps and work with each camp’s existing infrastructure, including workers, to create off-season revenue. His only cost is the renting, which covers employee salary and marketing.
Kevin O’Leary remembers working as a Camp Counsellor and taking kids canoeing. “This is what I found,” he says. “It’s revolting.
There are a lot of insects, you get eaten alive, and the work is terrible. These days, I prefer to sleep with a mint on my pillow.
In any case, I don’t want to be near a camp. I’m not sure why these people would do such a thing.”
Kevin may not be the perfect partner for Adam, but Robert Herjavec is curious about the firm.
In the previous year, Adam conducted four camps, making $160,000 in sales. He planned 11 camps for the next year, with 1,800 people and $730,000 in earnings thus far.
Sales of $800,000 are forecast, with a $165,000 profit. Robert enquired about the usual cost of renting a camp out for the weekend.
Adam indicated that they paid $278 per participant to the program, resulting in a profit of $200 per person.
He is considering holding company retreats to increase sales.
Kevin O’Leary wonders if Camp No Counselors is a registered brand. Adam claims to have a large fan following and to be a well-known brand.
Although Kevin sees “nothing wrong” with the company concept, he has a criteria for his Shark Tank investments: he must use what he invests in. He won’t be there since he “hates camping.”
Mark Cuban is perplexed as to why Adam needs a Shark. Adam says that he needs money to expand into new marketing.
With his current cash flow, Robert, Mark, and Lori all respond that he does not require funding for expansion.
Lori Greiner – believes it’s original and enjoyable, but the value is off, and she doesn’t see it as an investment opportunity for her. She’s gone.
Daymond John accuses him of “gold digging.” He doesn’t believe Adam needs anything from the Sharks.
Adam plans to construct something like to a Tough Mudder or Colour Run that he will eventually license.
Daymond hopes to turn a profit “every year or quarter.” He’s out because he doesn’t want to make a long-term sell-out investment.
The next person to speak was Robert. He remarked that he liked the idea as well as camping. He quit because he did not see money as a solution to the firm’s growth.
The Sharks’ solitary survivor is Mark Cuban. He tells Adam that his worth is too high and makes a $300,000 offer for a 25% share.
Adam argues that he would only go that high if all of the Sharks agreed.
The Sharks are unsatisfied and reject the offer, leaving Adam without a Shark agreement.
What Happened to Camp No Counselors After the Shark Tank Pitch?
Although Adam’s questionable valuation and overly ambitious offer did not entice a Shark, he is reaping the rewards of the Shark Tank Effect, with inquiries and interest flooding in via e-mail, Facebook, and his website.
Soon after the show aired, he published a blog post pleading with potential purchasers to be patient, promising to react “within 10 business days.”
Following its participation on Shark Tank, Camp No Counselors has expanded to 10 cities: Austin, Boston, Chicago, Los Angeles, Miami, Michigan, Nashville, New York, San Francisco, and Toronto.
Adam looks to be camped up in the foothills of success even without a Shark deal.
In 2020, the Covid-19 outbreak effectively put an end to this enterprise. Despite the fact that there were no camps operating during the year, no one was furloughed.
They want to host camps that are stricter than the CDC Guidelines in 2021. Annual revenue was $2 million prior to the lockdowns.
What is the Net Worth of Camp No Counselors?
Adam made his appearance on Shark Tank season 7 episode 28 in quest of a $300,000 investment in exchange for 7.5% of Camp No Counselors. This works out to a $4 million valuation.
Who are the Camp No Counsellor’s Competitors?
Campbonfire is a competitor of Camp No Counselors.
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Camp No Counselors FAQS
How long does Camp No Counselors last for?
It is a 2 day weekend for ages 21 and above. The rest of the year, it is open for special events.
How many people are able to take part in Camp No Counselors?
There’s no maximum and no minimum but it is based on demand and response from the public.
What kind of food are the people served?
They can choose from a variety of options. The basic is warm and delicious sandwiches, pasta, and salads.
What is the cost of camping at Camp No Counselors?
The normal price of camping is $475. Included in this cost are all items and beverages.
What types of activities are available at Camp No Counselors?
Sports and recreation, arts and crafts, music, swimming, fishing, canoeing/kayaking, rock climbing and many others.
How much was Adam Tichauer seeking in the Tank?
He was seeking $300,000 as an investment in exchange for 7.5% equity in Camp No Counselors.
How much did he received from the Sharks?
He didn’t receive any investment from the Sharks.
Is Adam Tichauer still in business?
Yes and Annual revenue was $2 million prior to the lockdowns.
What happens at Camp No Counselors after the Tank?
Following its participation on Shark Tank, Camp No Counselors has expanded to 10 cities: Austin, Boston, Chicago, Los Angeles, Miami, Michigan, Nashville, New York, San Francisco, and Toronto.
