$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Paul Gill from Vancouver, BC, pitched Naked & Saucy in Season 17, Episode 5, asking the Dragons for $300K for 7.5% of the company.
- Asked for$300K for 7.5%
- Valuation$4Mimplied by the ask
- OutcomeDealwith Arlene Dickinson
- Final deal$300K for 7.5%valued at $4M
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Michele Romanow | Out, believes other Dragons are better suited to help | Out |
| Manjit Minhas | Out, 7.5% equity too small for the involvement she'd want | Out |
| Vincenzo Guzzo | $400,000 for 15% | Declined |
| Wes Hall | Out, supportive but declined to make an offer | Out |
| Arlene Dickinson | $300,000 for 7.5%, as asked | Accepted |
Paul Gill, from Vancouver, previously pitched Naked Coconuts on Season 10, returned with Naked and Saucy, a line of organic, gluten-free, soy-free, vegan, low-sodium and low-sugar Asian cooking sauces, asking for $300,000 for 7.5% of the business. The sauces are sold in about 2,000 to 3,000 stores across Canada, including Loblaws, Sobeys and Costco, and the line has grown from one sauce to nine since a 2020 rebrand. The company is on pace for $4.5 to $5 million in sales this year, up from $2 million last year, with EBITDA around $650,000 to $700,000 after the founder's salary, and the funds sought would go toward U.S. expansion since the Canadian business is now cash flow positive.
Michele Romanow and Manjit Minhas went out, with Michele Romanow believing others were better suited to help and Manjit Minhas citing the small equity stake on offer. Vincenzo Guzzo offered $400,000 for 15%, and Wes Hall declined to make an offer while expressing support. Arlene Dickinson offered exactly what Paul Gill asked for, $300,000 for 7.5%, which he accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
Naked & Saucy today
- StatusStatus unknownLast checked September 2026
We haven’t confirmed whether Naked & Saucy is still operating.