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Dr. Drum Furniture Net Worth 2024 Update (Before & After Shark Tank)

Dr Drum Furniture, Custom-made furniture using oil drums, was started by Simon Fiske. The company launch date is unknown. As of January 2024, Dr. Drum Furniture’s net worth of 2024 is unavailable. However, as per the company valuation on the Shark Tank pitch, It is $757,575. Their sales have increased in recent years.

On March 1, 2015, they appeared on Season 1 of Shark Tank Australia seeking $250,000 for 33% of equity valuing the company at $757,575. However, the Sharks were not interested in investing in Dr Drum Furniture. Shark stated that the founder doesn’t need to grow as a business empire. And not so much interested in the product to invest in, and for that reason, the founder had to walk empty-handed.

Dr Drum Furniture will make you a chair with a 44-gallon barrel, and if you want one then they are still in business, their services and products are available to purchase on the official website.

Dr Drum Furniture Net Worth

Net worth$757,575 (Business Valuation)
Annual Sales Revenue
Profits
Lifetime sales
Investor
FounderSimon Fiske
Employees5

Dr Drum Furniture Net Worth Timeline

Net Worth 2024Unavailable 
Net Worth 2022Unavailable 
Net Worth 2021Unavailable 
Net Worth 2020Unavailable 
Net worth valuation in 2015 before appearing on Shark Tank  $757,575

Dr Drum Furniture Pitch on Shark Tank

ProductCustom-made furniture using oil drums
EpisodeSeason 01 Episode 04
FounderSimon Fiske
Asked for$250,000 for 33% of equity
Company nameDr. Drum Furniture
Final dealNo Deal
SharksNone
LocationTatura, Victoria 3616, Australia

Don’t miss these products from Season 1

Dr. Drum Furniture Founder

Dr Drum Furniture was founded by Simon Fiske. The company launch date is unknown. Simon started the company with his brother David. He got the idea from 3000 barrels that he had in his backyard.  Dr Drum Furniture’s founder, Simon Fiske, net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2024Dr Drum Furniture expanded its product line to custom bars, couches, tables, chairs, and stools to craft pieces to suit individual spaces.
2015Dr Drum Furniture appeared on Shark Tank.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Dr Drum Furniture and its continued success.

What do you think?

Written by GAG Team

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