$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Tommy Nguyen from Toronto, ON, pitched Marry Me Mochi in Season 20, Episode 1, asking the Dragons for $700K for 5% of the company.
- Asked for$700K for 5%
- Valuation$14Mimplied by the ask
- OutcomeDealwith Michele Romanow
- Final deal$800K for 6.5%valued at $12.31M
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Wes Hall | Concerned about spreading too thin while franchising rapidly with high debt | Out |
| Brian Scudamore | Product isn't proprietary and franchising too fast without corporate blueprint | Out |
| Manjit Minhas | No offer given | Out |
| Arlene Dickinson | No offer given | Out |
| Michele Romanow | $800,000 for 7% (later negotiated to 6.5% at a $12 million valuation) | Accepted |
Tommy Nguyen, Tuyen Nguyen, Sofia Nguyen, Elisa Nguyen, and Salena Do of Toronto pitched Marry Me Mochi, asking for $700,000 for 5% equity. The company sells premium mochi doughnuts in a rotating menu of 150 flavours priced at $5 each, plus specialty drinks, through 13 Toronto locations opened in their first year, some already franchised. First-year sales reached $2.8 million, with the company carrying $1.8 million in debt, and Tommy Nguyen said an average store does about $600,000 in revenue with some kiosk locations achieving two-month returns on investment.
Wes Hall and Brian Scudamore went out over concerns about rapid expansion, high debt, and lack of a proprietary product before fully building out a franchise system. Manjit Minhas and Arlene Dickinson also declined to make offers. Michele Romanow offered $800,000 for 7%, which was negotiated down to 6.5% at a $12 million valuation, and the deal was accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
Marry Me Mochi today
- StatusIn businessLast checked September 2026
Marry Me Mochi is still operating and sells through its website.