$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Carmelo Marsala from Montreal, QC, pitched Spray-Net in Season 10, Episode 14, asking the Dragons for $175K for 5% of the company.
- Asked for$175K for 5%
- Valuation$3.5Mimplied by the ask
- OutcomeDealwith Jim Treliving
- Final deal$175K for 5%valued at $3.5M
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Michele Romanow | Not the right fit to help | Out |
| Michael Wekerle | $175,000 for 10% | Declined |
| Joe Mimran | Leaves it to Jim | Out |
| Manjit Minhas | Can't compete with the two offers | Out |
| Jim Treliving | $175,000 for 5% | Accepted |
Carmelo Marsala, from Montreal, pitched Spray-Net, asking for $175,000 for 5 percent equity. Spray-Net provides a mobile, on-site permanent exterior paint service for vinyl and aluminum siding, windows, doors, brick, and stucco, using a proprietary paint formula developed with chemists and applied from a vented mobile spray booth, typically completing a full house in one day; a sample job cost $6,000 with gross profit between 60 and 70 percent for franchisees. The company operates as a franchise system with 18 territories across Quebec, Ontario, and Nova Scotia, franchises priced around $80,000 including a $25,000 mobile unit, a 7 percent royalty to the company, and corporate revenue (including royalties) of $3 million last year.
Michael Wekerle offered $175,000 for 10 percent, which Carmelo did not accept, and Jim Treliving then offered the requested $175,000 for 5 percent. Michele Romanow and Joe Mimran went out, with Joe deferring to Jim's franchise expertise, and Manjit Minhas went out due to being outbid. Carmelo accepted Jim Treliving's offer of $175,000 for 5 percent.
Pitch details from CBC’s Dragons’ Den pitch page.
Spray-Net today
- StatusIn businessLast checked September 2026
Spray-Net is still operating and sells through its website.