Doggy Bathroom

Alain and David, from Montreal, asked for $350,000 for 15% of Doggy Bathroom, a device that holds pee pads vertically for male dogs that lift their legs to urinate indoors, made from high-quality recyclable moulded plastic and manufactured in Montreal. The starter kit retails for $199 and costs about $79 to make; the company has sold 20,000 units across Canada and the United States for $4 million in lifetime sales, including $1.6 million in the last 12 months, with a $50,000 profit last year after reinvesting, $600,000 of the founders' own money invested, and about $750,000 in debt from bringing manufacturing back to Canada during the pandemic.

Arlene Dickinson, Robert Herjavec and Michele Romanow each offered $350,000 for 30%; Vincenzo Guzzo went out over valuation, Wes Hall went out over the debt level, and Manjit Minhas went out over the focus on revenue growth rather than profit. The founders asked Arlene Dickinson and Michele Romanow to combine for 25% between them, but Arlene Dickinson declined to reduce her stake and Michele Romanow withdrew; the founders accepted Arlene Dickinson's original offer of $350,000 for 30%.

Doggy Bathroom is still operating and sells through its website.