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Stovepipe Dressing productOutcome not recorded

Dragons' Den Canada Season 5 · Episode 10

Stovepipe Dressing

a homemade-style salad and meat dressing

Availability unverifiedFood and Drink

A Manitoba couple offered control of their dressing brand for a small sum in season 5. We cover the unusual ask and a cold trail.

The ask$10,000for 51% of the business
Implied valuation$20Kask / equity
On-air resultNot recorded
Availability unverifiedFounders: Glenn Turchinsky, Anna Turchinsky

The pitch

What walked into the Den

Stovepipe Dressing, the homemade-style dressing from Glenn and Anna Turchinsky of Beausejour, Manitoba, appeared in season 5, episode 10, one of the earliest pitches in our set.

The ask was unusual in shape: $10,000 for 51 percent, meaning the couple offered outright control for a small sum, valuing the business at roughly $19,608 on the whole business.

After the show

What happened next

With the result out of reach, we report only what today's check showed.

We found no current website and no news, social or retail footprint for the brand. Roughly fifteen years on, it is most likely no longer trading, but with nothing to confirm that we hold the status as unverified instead of calling it closed.

Our read

The Hub verdict

The shape of the ask is what makes this early pitch memorable: ten thousand for a controlling fifty-one percent, meaning the Turchinskys offered outright control for a tiny cheque, an implied value under twenty thousand. Handing over a majority for so little is an unusual choice and the one firm fact we have.

The 2011 outcome is undocumented in anything we could reach, so we state no deal. A decade and a half later the trail is empty, with nothing findable to prove the brand still trades or that it folded. Rather than round that silence up to a closure, we hold it unverified, because on a pitch this old disciplined uncertainty beats a confident guess.

A majority stake offered for a small sum, trail long quiet.

Worth knowing: Offering a majority stake for a small cheque is a striking pitch choice, and it is the only firm fact here; the rest of the trail has simply gone quiet.