$1Mfor 10%
Protein Candy
Valued at $10M
SpaScents Hot Tub & Bath Fragrances
Brent & Krystal Slater
Edmonton, AB
In businessSeason 12, Episode 19
The pitch
Brent & Krystal Slater from Edmonton, AB, pitched SpaScents Hot Tub & Bath Fragrances in Season 12, Episode 19, 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 |
|---|---|---|
| Michele Romanow | Out, felt valuation was unreasonable and she could not help | Out |
| Michael Wekerle | Out, liked the founders but not the valuation | Out |
| Arlene Dickinson | Out, could not get past the numbers | Out |
| Manjit Minhas | Out, cited poor packaging and non-proprietary product with weak math on valuation | Out |
| Joe Mimran | Out, believed the founders did not need the money | Out |
Brent Slater and Krystal Slater of Edmonton, Alberta asked for $100,000 for 20% of SpaScents Hot Tub & Bath Fragrances, a scented skin moisturizer sold as a liquid or Epsom salt crystal for use in hot tubs and baths, priced between $13 and $20 and sold in about 125 of the more than 1,000 hot tub stores across Canada. The company is on track for $125,000 in sales this year, up from $75,000 last year with about $15,000 in net profit, and margins of 70% to 90%. Brent Slater previously co-owned two hot tub retail stores in Edmonton that were sold about six years ago for just under $10 million.
Joe Mimran, Michele Romanow, Michael Wekerle, Arlene Dickinson and Manjit Minhas all went out, citing an unreasonable valuation relative to the company's sales and profit, along with concerns about the packaging design and the non-proprietary nature of the product. No deal was made.
Pitch details from CBC’s Dragons’ Den pitch page.
SpaScents Hot Tub & Bath Fragrances today
- StatusIn businessLast checked September 2026
SpaScents Hot Tub & Bath Fragrances is still operating and sells through its website.