Denise currently owns 4 Razzamataz theatre schools and has franchised out 6 other branches. Denise was asking the Dragons for £50,000 in exchange for 25% of her business.

The Dragons were impressed by Denise’s pitch but were unsure of what she needed the £50,000 for. She first claimed she could use it to lend to potential franchisees, then changed her mind and said she could use it for marketing.

This seemed to scare off Deborah Meaden, Theo Paphitis and Peter Jones, and Richard Farleigh jumped ship because he thought that Razzamataz faced too big a competitor in Stagecoach.

However Duncan Bannantyne waited until the last final moment to reveal that he had in fact invested in Stagecoach and had sold his investment on for quite a large profit. He shockingly failed to haggle with Denise and offered her the full £50,000 for 25% of the business.

Duncan closed the show by saying:

“How could I haggle? It’ll be a fantastic little business”.

View the original post Dragons Dens: Duncan Bannatyne Invests In Razzamataz Theatre School on Unreality TV

Anthony Coates-Smith & Alistair Turner chances looked slim at first as Peter Jones accused them of having frozen brains for valuing their company at £2 million. however it became apparent that the mens proposal could be a profitable one as a bidding war ensued amongst the Dragons.

Duncan Bannatyne made the first offer of £80,000 for 20%, swiftly matched by Richard Farleigh, who brought the equity down to 15%.

Deborah Meaden and Theo Paphitis tried to undercut them with a bid for 12.5%, followed by Peter Jones, who had clearly warmed to the business.

He offered all the money for 30%, but in the end it was Richard who clinched the deal by suggesting that he and Duncan offered half each for a total of 22.5%.

After a quick chat at the back of the den, Anthony and Alistair chose to go with Richard and Duncan’s offer and secured the £160,000 they needed to expand their business to two further UK locations.

View the original post Dragons’ Den: Duncan Bannatyne Buys Into Igloo on Unreality TV

The Dragons' Den TV show on BBC2 saw reggae singer and producer and chef Levi ask the Dragons' for £50,000 in return for a 20% share in his business.

Levi has been selling his own special hot sauce named 'Reggae Reggae Sauce' for 15 years at the Notting Hill festival and now wants some money to take it to a larger market.

Levi claimed to have an order for 2.5 million litres of sauce from a large meat company, the Dragons' read his offer letter to discover that the order was not an order at all but more of a projection and the figure was only 2500 lites. At this point I expected them to wash their hands of Levi and tell him to go home and do his sums.

Three did just this but surprisingly Peter Jones offered half the amount for 20% of equity, and Richard Farleigh chipped in with the remaining £25,000 for another 20%. Leaving Levi one very happy guy!

Levi will also be appearing on Harry Hill's show on ITV this Saturday 10Th Feb 07 between 6.00pm - 6.40pm singing out the show. Maybe his music career will do better than his sauce....next stop X Factor!

View the original post Dragons’ Den: Dragons’ Buy Into Levi Roots Reggae Reggae Sauce on Unreality TV