$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Khalil Hosseini from Kelowna, BC, pitched Quick Brush in Season 10, Episode 8, asking the Dragons for $100K for 20% of the company.
- Asked for$100K for 20%
- Valuation$500Kimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Michael Wekerle | Went out, concerned about lack of sales and unclear situation in China | Out |
| Manjit Minhas | Went out, called the product not viable | Out |
| Joe Mimran | Went out, cited non-branded product, no orders, high development costs, unclear numbers | Out |
| Michele Romanow | Went out, felt too much money spent without testing market demand | Out |
| Jim Treliving | Went out | Out |
Khalil Hosseini, a mechanical and electrical engineer from Kelowna, BC, asked for $100,000 for 20 per cent equity in Quick Brush, a paint applicator with a pump-fed canister and a built-in Bluetooth speaker allowing users to paint one-handed while playing music or taking calls. Khalil had spent about $500,000 over three years on product development and tooling, funded partly by wedding gifts, and had a small inventory of 4,000 units but no sales or marketing yet. An earlier version of the product had sold about 8,000 units at up to $100 each through trade shows, funded by selling his Canadian house, though Khalil could not state how much revenue that generated.
Michael Wekerle went out due to lack of sales and an unclear personal financial situation. Manjit Minhas went out, calling the product not viable. Joe Mimran went out, citing the lack of branding, orders, and clear numbers alongside high development costs. Michele Romanow went out, saying too much money had been spent without testing market demand. Jim Treliving also went out. No deal was made.
Pitch details from CBC’s Dragons’ Den pitch page.
Quick Brush today
- StatusStatus unknownLast checked ########
We haven’t confirmed whether Quick Brush is still operating.