Atomic Tea

a tea shop the owners want to franchise

The ask$120,000for 25% of the business

Implied valuation$480Kask / equity

On-air resultDeal agreed

Founders: Jessica, Russell Bohrson

On the record

The deal, on the record

On Dragons' Den Canada, Atomic Tea sought $120,000 for a 25% stake.

Season: 2, ep 3
On-air outcome: Struck a deal
Deal terms: $120,000 from Jim Treliving, Arlene Dickinson and Laurence Lewin. Kempton devotes most of the section to how Kevin O'Leary reopened the bidding and forced the price down from a more favourable earlier offer.
Investing Dragons: Jim Treliving, Arlene Dickinson, Laurence Lewin
Category: Food and Drink

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.