Salem’s Lott Scary Hot Sauces
Jeff Salem of Brampton, ON, sets the Den aflame with his line of gourmet hot sauces.
The ask
C$75,000 for 25%
Stated on air as “75K for 25%”
On-air result
Struck a deal
C$75,000 for 35%
Investing Dragon: Manjit Minhas
Pitched by: Jeff Salem
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The Dragons' Den Canada pitch
- C$75K
- Asked for
- 25%
- Equity offered
- C$300K
- Implied valuation
- S15 · Ep 7
- Season
Jeff Salem of Brampton, ON, sets the Den aflame with his line of gourmet hot sauces.
Jeff Salem from Brampton, ON entered the Den in Season 15, episode 7 and asked the Dragons for C$75,000 in exchange for 25% of the business.
Manjit Minhas backed the pitch at C$75,000 for 35%.
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