$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Peter Huszcz from Ottawa, ON, pitched Meatball Magic in Season 12, Episode 6, asking the Dragons for $100K for 10% of the company.
- Asked for$100K for 10%
- Valuation$1Mimplied by the ask
- OutcomeDealwith Michael Wekerle
- Final deal$100K for 50%valued at $200K
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Manjit Minhas | Said Peter Huszcz wasn't solving a real problem and had a long road ahead, no offer | Out |
| Joe Mimran | Said the product was a one-trick pony, no offer | Out |
| Michele Romanow | Said the product was timeless but too small in scale, no offer | Out |
| Jim Treliving | Said the product's time had passed, no offer | Out |
| Michael Wekerle | $100,000 for 50% of the company | Accepted |
Peter Huszcz, from Ottawa, Ontario, pitched Meatball Magic, a kitchen tool that presses ground meat into a grid to produce nine evenly sized meatballs at once, asking $100,000 for 10% of his company. The product previously sold on QVC in the U.S. over five years for $4,000,000 in total sales, but Peter Huszcz only earned about 30 cents in profit per unit due to a licensing arrangement, and had not actively pursued the business since, having kept it as a side project alongside a day job; recent media coverage in Canada prompted renewed customer interest and led him to seek investment to bring the product to the Canadian market.
Manjit Minhas, Joe Mimran, Michele Romanow and Jim Treliving all declined to make offers, variously citing the limited market for the product, its age, and its narrow scope as a single product. Michael Wekerle offered $100,000 for 50% of the company, which Peter Huszcz accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
Meatball Magic today
- StatusOut of businessLast checked September 2026
Meatball Magic appears to have closed. Its products may no longer be available.