$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Vladislav Priadko from Vancouver, BC, pitched Coffee Bike in Season 20, Episode 7, asking the Dragons for $150K for 12% of the company.
- Asked for$150K for 12%
- Valuation$1.25Mimplied by the ask
- OutcomeDealwith Arlene Dickinson
- Final deal$150K for 15%valued at $1M
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Manjit Minhas | Out - key person risk as a one-man operation | Out |
| Michele Romanow | $150,000 for 25% | Declined |
| Arlene Dickinson | $150,000 for 20%, later countered to 15% | Accepted |
| Brian Scudamore | $150,000 for 18% | Declined |
| Wes Hall | Out - could not see this scaling into a multimillion-dollar return | Out |
Vlad, of Vancouver, BC, sought $150,000 for 12% of Coffee Bike World, a company that builds and sells mobile electric coffee cart bikes equipped with water systems, solar panels, and optional pastry or waffle add-ons, each capable of serving up to 100 cups of coffee per hour. Buyers pay roughly $30,000 to get into the business, which includes about $16,000 in commercial-grade coffee equipment, and operate independently rather than under a traditional franchise model, with optional supplies and training available. The company has served over 1 million cups of coffee since 2019, generated $420,000 in revenue last year, and has 15 owners in Canada plus one each in the United States and Peru; Vlad currently runs the company alone.
Manjit Minhas went out over key-person risk given Vlad's solo operation. Wes Hall went out saying he did not see the business scaling to a return he wanted. Michele Romanow offered $150,000 for 25%, which was declined. Brian Scudamore offered $150,000 for 18%. Arlene Dickinson offered $150,000 for 20%, and after negotiation lowered her ask to 15% at a $1 million valuation, which Vlad accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
Coffee Bike today
- StatusIn businessLast checked September 2026
Coffee Bike is still operating and sells through its website.