$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Jimmy Stambowsky from Vancouver, BC, pitched Beiju Foods in Season 16, Episode 4, asking the Dragons for $200K for 20% of the company.
- Asked for$200K for 20%
- Valuation$1Mimplied by the ask
- OutcomeDealwith Vincenzo Guzzo
- Final deal$40K for 33%valued at $121Kplus a royalty: $100,000 loan repaid as 10% royalty
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Wes Hall | Out - business too small | Out |
| Michele Romanow | Out - not investible at this stage | Out |
| Arlene Dickinson | $20,000 for 25% plus $100,000 as a convertible note at a 20% discount to next round | Declined |
| Vincenzo Guzzo | $40,000 for 33%, with $20,000 used to buy out mother's share, plus $100,000 loan at 10% royalty | Accepted |
| Manjit Minhas | Out - sided with the fight, no clear offer given | Out |
Jimmy Stambowsky, based in North Vancouver, BC, asked for $20,000 for 20% equity plus a $100,000 loan repaid as a 5% royalty. His company, Beij Foods, sells Brazilian cassava-based products including flours, instant bread, ready-to-eat waffles based on Brazilian cheese bread, and cassava crunch snacks. The waffles retail for $12 and cost $6.50 to make. The business was purchased from a previous owner for $40,000, financed by his mother who owns 100% of the company. Revenue was projected at $80,000 to $90,000 for the year, with a goal of $180,000 to $200,000 the following year.
Wes Hall and Michele Romanow went out, citing the business being too small and not investible at this stage. Arlene Dickinson offered $20,000 for 25% plus the $100,000 as a convertible note at a 20% discount to the next round. Vincenzo Guzzo offered $40,000 for 33%, structured so Jimmy, his mother, and Vincenzo would each own a third, with the $100,000 loan repaid at a 10% royalty, prioritizing the Beij instant bread over the waffles. Jimmy accepted Vincenzo Guzzo's offer.
Pitch details from CBC’s Dragons’ Den pitch page.
Beiju Foods today
- StatusIn businessLast checked September 2026
Beiju Foods is still operating and sells through its website.