The pitch
What walked into the Den
Hameed and Sonia Anwari run Mobile Business Express, a Calgary, Alberta company that builds mobile businesses on wheels, from food trucks to rolling showrooms.
They pitched in Season 16, episode 2, asking for $500,000 for 10%. That request valued the build shop at $5,000,000.
After the show
What happened next
A CBC-affiliated feature reports the Anwaris landed a deal, and that the company was then on track to double revenue and open showrooms in British Columbia and Ontario.
The business is still active, taking orders for its mobile builds.
Our read
The Hub verdict
Five hundred thousand dollars for 10% puts the build shop at a $5,000,000 mark, a solid number for a company selling businesses on wheels to other entrepreneurs.
A deal followed, and so did the growth it was meant to fund, with the company reported on track to double revenue and open showrooms in British Columbia and Ontario. Building food trucks and mobile shops is effectively custom manufacturing, where every unit is one-off and the constraint is floor space and skilled labour, so showroom expansion is the natural use of a Dragon's money. The business is still active and taking orders for its builds.
