Five Minute Furniture

No Deal

Furniture

Season 3 · Ep 6 Home & LifestyleAired February 24, 2012

Five Minute Furniture is a furniture that got its big break on Shark Tank in Season 3, where it won fans even without landing a deal.

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From the show

The Shark Tank pitch

$250K
Asked for: 25%
Offered equity: $1M
Sought valuation

Founder Jared Joyce stepped onto the carpet in Season 3, Episode 6 in the episode that aired February 24, 2012, bringing their Bozeman, MT business with them. Five Minute Furniture, the furniture, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

The ask was $250,000 for 25% of the company, an implied valuation of $1M.

No deal. Every shark declined, and Five Minute Furniture walked. But a Shark Tank appearance reaches millions of viewers whether or not a check gets written, and plenty of no-deal companies have turned that airtime into lasting businesses.

Season 3 saw 60 pitches, and 28 of them closed a deal on air. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.

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Frequently asked questions

Where can I buy Five Minute Furniture?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did Five Minute Furniture get a deal on Shark Tank?

No. Five Minute Furniture pitched the sharks but left Season 3 without a deal.

What season of Shark Tank was Five Minute Furniture on?

Five Minute Furniture appeared in Season 3, Episode 6, which aired February 24, 2012.

How much was Five Minute Furniture asking for on Shark Tank?

The founders asked for $250,000 for 25% of the company, a $1M valuation.

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