Canadian BBQ Boys

Matt McCoy, Mike Sutton
Oakville, ON

The pitch

Matt McCoy, Mike Sutton from Oakville, ON, pitched Canadian BBQ Boys in Season 13, Episode 12, asking the Dragons for $50K for 10% of the company.

Asked for$50K for 10%
Valuation$500Kimplied by the ask
OutcomeDealwith Jim Treliving
Final deal$50K for 10%valued at $500K

Offers in the Den

Dragon	Offer	Result
Jim Treliving	$50,000 for 10%	Accepted
Vincenzo Guzzo	Concerned about lack of proprietary barriers to entry and scalability	Out
Manjit Minhas	Worried territory managers would eventually undercut the company once trained	Out
Arlene Dickinson	Interested but not for her, wished them luck	Out
Michele Romanow	Deferred to Jim Treliving making the offer	Out

Matt McCoy and Mike Sutton, university students from Oakville, Ontario, pitched Canadian BBQ Boys, a mobile barbecue cleaning service, asking for $50,000 for 10%. The service takes about three hours and costs an average of $175 per cleaning, with technicians managed through student territory managers who keep 50% of cleaning revenue. The company did just over $100,000 in revenue last year and projected $500,000 this year, with plans to expand territories across Canada from Niagara to Ottawa.

Jim Treliving offered the full $50,000 for 10% as requested. Vincenzo Guzzo, Manjit Minhas, Arlene Dickinson, and Michele Romanow all declined to make offers, citing concerns about the business having low barriers to entry and being difficult to scale. Matt McCoy and Mike Sutton accepted Jim Treliving's offer without hearing from the other Dragons.

Pitch details from CBC’s Dragons’ Den pitch page.