Mosquito Man

Evan Mejia and Demetrios Sinodinos, with partner Ryan, pitched Mosquito Man, a mosquito and tick barrier spray service operating across Ontario, seeking $500,000 for 10%. The corporate business did $1.5 million in revenue in 2022 with a projected $2.5 million this year and $4 million the following year, though it took a loss; a single franchisee in Barrie served 276 clients and made almost $200,000 in his first season, with a $35,000 franchise fee, a 15% royalty, a $600 monthly sales and marketing fee, and roughly $40,000 in marketing costs per franchisee, with the average client paying about $700 per season.

All five Dragons declined. Vincenzo Guzzo felt the franchise economics needed to change to benefit franchisees, Arlene Dickinson said the founders failed to sell the business clearly, Michele Romanow and Manjit Minhas cited a lack of proprietary technology, and Wes Hall said the founders had not done enough homework on the US franchise model they were trying to emulate. No deal was made.

Mosquito Man is still operating and sells through its website.