FunHouse is a low-cost entertainment venue project located in Times Square. It will cover an area of 25,000 square feet and include five venues. According to the founders, the initial cost to build the venue will be approximately $1.5 million.
| Company Name | The FunHouse Project | |
| Founder | Todd Robbins and David Adamovich | |
| Founded | 2006 | |
| Product | low-cost entertainment venue | |
| Asked For | $300k for 20% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S1 E7 | |
| Air Date | Sep 29th, 2009 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Freeport, New York, USA | |
| Lifetime Worth (Sales) | $0 *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of FunHouse?
The founders of FunHouse are Todd Robbins and David Adamovich. David is a professional knife thrower, while Todd is a magician. Both share a dream of starting their own business.
How Was The Shark Tank Pitch of FunHouse?
After entering Shark Tank, Todd and David, both professional stage artists, asked the sharks for $300,000 in exchange for 20% equity. They presented their business plan, which surprised the sharks.
Kevin O’Leary called them “nuts” upon hearing about their 25,000-square-foot low-cost entertainment venue project in Times Square.
Todd mentioned that building the entire facility would cost approximately $1.5 million, with annual expenses potentially exceeding $7.4 million. O’Leary directly refused to invest, and all the sharks ultimately opted out, stating they could not take on such a high risk.
Sharks Offers list!
| Sharks | Offers |
|---|---|
 Barbara Corcoran | No Offer |
 Kevin O’Leary | No Offer |
 Robert Herjavec | No Offer |
 Daymond John | No Offer |
 Kevin Harrington | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | No Deals |
FunHouse Shark Tank Update
FunHouse did not secure a deal on Shark Tank. Todd and David had hoped to launch their business with the funding, but all the sharks refused to invest due to the high risk associated with the startup.
The founders were disappointed by this outcome, and according to our research, they have not pursued this business idea further.
This concept may not be viable, as it involves significant risks and annual expenses in the millions. The sharks typically do not show interest in this type of business. Since the project has not started, there is no additional information available.
What Is FunHouse’s Net Worth?
FunHouse’s net worth is estimated at $0 million. Each year, many businesses are launched, but most shut down due to a lack of funding or a sustainable business model. To succeed in business, having a good mentor is essential.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| N/A | *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| n/a | n/a | n/a |
No, FunHouse has been out of business since 2009.
