Michael and Babz Barnett had a problem. They were parents looking for good activities for their young children. They wanted a place where kids could learn, play, and grow. But they could not find anything suitable. They saw other parents struggling with the same issue. That is when they had an idea. They decided to create a fun and safe play center for kids.
They wanted a place where children could do gym activities, listen to music, and explore art. They called it Romp n Roll. Romp n Roll was made for kids from three months to five years old. It was a fun way to help them develop. The business became popular. Parents loved it. But the Barnetts wanted to grow bigger. They needed more locations. They needed money to expand. That is why they went on Shark Tank.
They asked for three hundred thousand dollars. They offered ten percent of their company in return. But things did not go as planned. They hoped to impress the sharks. They believed in their business. They believed in their idea. Will the entrepreneur get a deal on Shark Tank? Check out the Romp n’ Roll update to find out!
Romp n’ Roll Net Worth Shark Tank Update 2025
Michael and Babz Barnett went on Shark Tank asking for $300,000 for 10% of their company. This meant they thought their business was worth $3,000,000. They did not make a deal on air. The episode aired on January 8, 2010. The company has expanded and franchised internationally, now generating about $4 million in annual revenue. This shows significant traction beyond steady growth, we treat this as a “viral/heavy-traction” case. Based on the real sales and a simple valuation multiple (~2×–4× revenue), the current estimated net worth of Romp n’ Roll is around $8 million in 2025.
After Shark Tank, Romp n Roll continued to grow. Even though they did not get a deal, they kept pushing forward. They opened more locations in the United States. They also expanded internationally. They went to China. They went to South Korea. They saw big success overseas. By 2016, they had over three hundred centers in China alone. They kept opening new locations every year.
Today, Romp n Roll is still in business. They have ninety-five international franchises. They plan to add more locations every year. They are making around four million dollars annually. Even though they did not get a shark’s investment, they kept moving forward. They believed in their idea. They believed in their business. They kept growing.
The Barnetts walked into Shark Tank with confidence. They asked for three hundred thousand dollars. They were willing to give ten percent of their business. They believed the sharks would see the value in their company. The sharks listened. They were interested. But they had concerns. The business was doing well. But they thought the valuation was too high.
They thought the Barnetts were asking for too much. Only one shark made an offer. Robert Herjavec was interested. But he wanted more control. He offered three hundred thousand dollars. But he wanted fifty-one percent of the company. The Barnetts did not like that. They stepped out to discuss.
When they came back, they made a counteroffer. They offered twenty percent for three hundred thousand dollars. Robert did not accept it. He stood firm. He wanted fifty-one percent. The Barnetts did not agree. They walked away with no deal.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Kevin Harrington | out | N/A | N/A |
| Robert Herjavec | $300,000 for 51% equity | $300,000 for 20% equity | N/A |
| Kevin O’Leary | $300,000 for 51% equity | $300,000 for 20% equity | N/A |
| Daymond John | Out | N/A | N/A |
| Barbara Corcoran | Out | N/A | N/A |
Romp n’ Roll Shark Tank pitch
Michael and Babz Barnett were like many other parents. They wanted their child to have fun and learn at the same time. But they could not find a good place that offered what they wanted. They searched for quality gym classes for toddlers. They wanted a safe environment. They wanted something engaging. But there was nothing available. That is when they had an idea. They decided to create their own space. They worked hard.
They came up with a plan. They created a place where kids could play and learn. They made sure it was fun. They made sure it was educational. They made sure it was safe. Starting was not easy. They had to find a good location. They had to create a strong program. They had to get their parents to trust them. They faced challenges. But they kept going. They opened Romp n Roll in 2004.
Parents loved it. Kids loved it. It became a success. But they wanted to grow bigger. They needed funds. That is why they went to Shark Tank.
Michael and Babz walked into the Shark Tank. They introduced themselves. They explained their business. They told the sharks about Romp n Roll. They shared their story. They told the sharks why they started. They explained what made their business special. They said Romp n Roll was a place for kids to play and learn. They said it helped kids grow. It helped them develop. It helped them explore. The sharks listened.
The Barnetts talked about numbers. They said they made one point two million dollars last year. They said they had a thirty percent profit margin. The sharks were impressed. But they were also skeptical. The Barnetts asked for three hundred thousand dollars. They offered ten percent of their company. They wanted to grow their business. They wanted to expand. But the sharks had concerns.
The sharks had many questions. They wanted to know more about the business. They wanted to know about the numbers. They wanted to know about the growth. Robert Herjavec asked how much they were spending on marketing. Michael said they only spent one percent. He said they focused on moms. The sharks were surprised. Kevin O’Leary asked if the business could last long-term. He was not convinced.
He did not believe it would grow big. He decided not to invest. Daymond John did not see the business working nationwide. He decided not to invest. Kevin Harrington thought the business had limited potential. He was out too. Barbara Corcoran was worried. She said a similar business near her had closed. She did not want to take the risk. Only Robert Herjavec was interested.
The sharks were split. Some liked the idea. Some had concerns. Some thought the company was worth too much. Robert Herjavec was the only one who made an offer. He said he would invest three hundred thousand dollars. But he wanted fifty-one percent of the company. The Barnetts were not happy. They wanted to keep control. They stepped out. They talked about it.
They decided to counter. They came back. They offered twenty percent for three hundred thousand dollars. But Robert did not agree. He wanted more. The Barnetts did not want to give away control. They decided to walk away. They left without a deal.
What Went Wrong With Romp n’ Roll On Shark Tank?
The sharks had concerns. They thought the company was valued too high. They were not sure it would grow nationwide. They were not sure it would last long-term. Barbara was worried. She saw a similar business fail. She thought Romp n Roll might struggle too. Robert wanted too much control. He wanted more than half the company. The Barnetts did not want that. They could not agree on a deal. So they left empty-handed.
Product Availability
Romp n Roll is still in business. They have locations in the United States. They have locations in China. They have locations in South Korea. Their programs are designed for young kids. They offer gym classes. They offer art classes. They offer music classes. They also host birthday parties. They run summer camps. Parents can sign up online. They can visit a location near them. The prices vary by location. More details can be found on their website.
Conclusion
Romp n Roll did not get a deal on Shark Tank. But they did not stop. They kept growing. They opened new locations. They expanded internationally. Today, they are still in business. They are making millions. They are helping kids learn and play. They are helping parents bond with their children. The sharks did not invest. But Romp n Roll still became a success. The journey did not stop. It is still going strong.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
