Food Businesses Proposal Is "About As Attractive As Eating A Rotten Egg" | Dragons' Den
ฝัง
- เผยแพร่เมื่อ 7 ก.ย. 2024
- Food business entrepreneurs Tayub Mushtaq and Afnan Bashir are seeking a hefty £500,000 for just an 11% stake in their company. Will they wrap up the pitch with an investment or will the high valuation leave a bad taste in their mouth?
Season 11, Episode 1
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen #WrapItUp #FoodBusiness #FoodPitches
![🎤 จับฉลากร้องเพลง x P’ #XXSIVK [EP.1] (2/2) เพื่อนจับได้คำไหน..ต้องร้องคำนั้น เริ่ม! 💓🎶 #MXFRUIT](http://i.ytimg.com/vi/1bJvMJXmeS4/mqdefault.jpg)
The worst is when someone says you look tierd but you feel great 😬
Tierd? That's funny, they look like they're on a flat plane from here.
The worst thing is being on the level and told you look tiered.
tired
Imagine stepping off the lift and seeing Kelly Hoppen and piers sitting there. 2 chances already gone
Lmao hahahah
Imagine believing they wanted an investment.
@@joewas2225 Imagine believing I imagined they wanted and investment
Better chance if Jenny was there.
@@anubusx doubt it 😂
Wrap It Up sounds like an NHS campaign to promote condoms
😂😂😂
😂
Before you slap it up.
LMAO
Mr Godot. It is pleasant to see you again.
They both look exhausted 😢
Wrap It up is still going and the food is unreal. Fair play to the guys for not letting the dragons demotivate them
It’s very impressive what they have achieved. Never give up.
Wrap it up is now like a bad Subway tribute act. I remember when they started out close to Embankment and they were superb.
Down to 5 branches now in London and on their last legs.
im sorry but peter saying how he looks older is just foul lmao
It absolutely is, I agree. Peter Jones is amazing at business but he can be such a dick at times.
@@erhhsdhh2099 like deadass straight up mean for no reason
Yeah I don’t get it. Not just him, but all of the Dragons have got a real chip on their shoulder. God forbid an entrepreneur gets a few numbers wrong and the dragons get all angry for no reason
Yeah that was really rude.
Business not making money. Dragons: this is too early to invest.
Business making money. Dragons: why do you need us?
You aren't in business, are you? It's absolutely reasonable to ask the expectations.
@@annaagapova3583 no am not. don't have a background at all in business. was making a remark about a trend I see in this program which sounds illogical to me. thank you for the comment :)
@@annaagapova3583 even beyond that if someone doesn't need your money but is going on television to ask for it I'd question what their motivation was.
Everyone makes fun of Jenny but I've NEVER seen Kelly make an offer before
true but kelly is so forgettable
She's a yid .... and they don't part with money easily! Besides, she probably can't see past that giant sized schonker on her face!
Kelly was awful
@@thiswasposted120 Kelly I really don't know who that is will have to go back through a few episodes!
@@thiswasposted120 Fair play, at least we're still entertained by Jenny
I knew they wouldn’t get the investment when they said “we need a 500 k investment”
500k sounds like an awful lot for a small % of a food wrap Biz. I’m out
Piers: "within 20 meters of my desk, there must be 12 to 13 businesses selling this kind of food"
i call bullshit on that statement
london it is possible
maybe he's got a really big desk
@@Quantris Mobile desk?
Wrap it Up got me through university. They can take my investment
The ask was too high. The Dragons never go for anything more than 100k-150k
For real. 100k is pushing it
Yeah, this is more for Shark Tank in terms of that price point.
@@gibran6190
because usa has higher gdp.
They definitely have, and do
9:46 Love how these guys react to Kelly saying that she's out. They're like 'yeah sound no worries mate would have turned you down anyway'
Yea, sure. Had she thrown a offer they would have turned her down anyway. SMH.
They wouldn't let a woman in their company unless she cleaned dishes
@@mrplow8333 what makes you say that
I really admire people in the F&B business, it's just brutal, i once was in a group of F&B co founder, back in 2015, i co founded 6 F&B brands and we were doing so good in the first 3 years, and we can't keep up with the competition and the sweat that we had to put out just to survive, and when we switched to the Sustainability products, it's just heaven for us
I have been to wrap it up over the years
They started out great, very tasty.
In the last few years they have really gone downhill.
Thats usually the way food businesses go I find, start off great and eventually go down to standard or even below standard. Shame.
@Millie.com232 They started off at close to Embankment station and I remember having some of the best wraps I have ever had from them back in 2009.
I most recently went to their branch near to Goodge street station and it was horrendous in around 2021. They had morphed into some form of bad imitation of subway. With terrible quality ingredients and a terrible system.
I went there once and never went back ever again. That branch closed and now they have only 5 left in London.
No idea how they got so bad
All about cutting costs..they hope that by skimping on more expensive ingredients and hiring kids to work for them that this won't affect their sales.
They just got scared of the 500k tbh. Too risky.
Stop scaming people. At least pay for ads LoL
Peter was startled when he heard the 500k
Peter really needs to be careful before commenting on someone’s appearance, yes he looks tired because he’s just just battled alopecia
you do realise it is heavily edited, i assume?
Alopecia literally just means ur bald 🤦🏽♂️
yasmeenkussar51 Alopecia is balding thinning hair it is not a disease that you battle like cancer .
@@sarahjones-jf4pr oh shut up Karen!
Go read a book
seems a good business, easily replicated though.
We had a very successful chain in Seattle called "World Wraps" back in the 90s. They did the exact same thing.
not with the passion
1 of the main problem with the food industary is high cost and i feel for these guy and i dont blame em for having a high eva
Company went out of business in 2017. A 500k ask was just ridiculous.
Did they? WrapItUp stores are all over London
Oooft. Burn
@@Strippingbear That is strange. Online figures suggest they went out of business yet there are
many stores in London.
@@hamza361 Closed during the pandemic. Back open.
@@Strippingbear it isn't these 2. Different company and different directors. They have had numerous businesses and only 1 left and not in the food industry.
'Eating out'
Always popular 🤣
1:40
> the sandwich market is 6 billion
> wraps account for 4% of that
> our company made 0.03% of the market worth
> thus our company is worth 65% of the market value
I think you need to take your calculator out again.
I couldn't figure out how they were selling their product. Were they packaging it and placing it in convenience stores? Franchising street vendors? Opening up restaurants?
They definately didnt stand a chance of getting 500k from Kelly Hoppen. She wudnt even invest 20k in anyone, let alone 500k
It's just not wowing her
Lol 5 million quid for a kebab shop
Imagine being married to someone who works 100 hours a week. What would you do?
*who
They didn’t seem arsed about the dragons going out, just there for advertising
World Gourmet Restaurant Limited has a net worth sheet at end of 2021 of £1.062m, which is driven by c. £1.8m of equity investment although they have made an accumulated loss of £1.27m YTD, although was profitable this year by c. £200k.
Their losses really started piling since 2017.
This was probably a very good avoid - especially at that £500k for 11% price.
Authentic street food.... right here, roll up, roll up. Would you like an Afghani wrap ? Perhaps a Caribbean wrap? Maybe one from Thailand, or India, or Venezuela , it's so authentic that you can pick anything you want. Mongolian? We have a wrap for that. OR how about I buy an authentic wrap down the street selling amazing local food from his/her country, and it's great. Corporatizing streetfood is the limit for me, even though these guys seem really nice and I wish them the best of luck, I'm out.
No buttons in the lift!
Yeah it isn’t actually an elevator. It’s just two doors that open and close like one
The way all pitches should be, smart suits
You know it’s a disaster when they say the investment rests with Kelly Hoppen
Investment rests with the mandatory token female who invariably has no money.
Shoutout to myself for making my own lunch today 🙌
Duncan: And that’s a wrap, I’m oot
I guess this was one that wasn't up for wraps. They should just wrap it up. I guess they should just unwrap and finish.
A cook who makes every ethnic food in the world is a cook who isn't good at any one of them.
The dragons should just say they don’t have that much to offer at 500K. If the business was good they still wouldn’t do a offer lol
this business still going well it seems
Out... Out... Out... Out... Out... That's a wrap!
I dont have 500k therefor i am out.
Meaning no disrespect to the lads, but their business sounds like a "jack of all foods, master of none"
I used to call in at one of their branches for lunch occasionally, just off Pall Mall. It wasn’t bad, but your description is pretty accurate!
Even taking into account growth, it would have taken what 5 years, for the dragon to get their 500,000 back at 11%? and that is assuming, profit taking, and not throwing that money back into expansion.
what the heck do you expect? would you pay 500 k, now only to start seeing profit potentially 5 years, 10 years if the business stagnates down the road?
Currently company assets are 1.1mil. So I think they’re doing ok.
Never give up
Wrap it up - durex
"and I am a co-founder" poor guy dragged along to make up the numbers
This feels like the start to the ghost kitchen epidemic.
So many people that come on the den are so delusional. The dragons clearly tell them that the business is not worth anything like what they think, so theyre not investing, BUT they still say the dragons didn't understand the business so they didn't invest. No they understood, but a business is not worth 16 times profit
Wrap it up I thought it was a condom pitch at 1st
Is there a way you can cut the narrator? Him repeating what's just happened is very annoying
He's just reading a script and happy to have a job... he should have been cut long ago.
He drives me potty on a good day. Hate all the puns. Let him present the dragons den but could he politely shut up.
You’d have to somehow borrow the master tapes from the BBC, hire a good edit suite (probably £500 an hour) and generate a new digital file to remove the voiceover
@@mrhaltonok or you could just download the TH-cam video and edit yourself. But someone that doesn’t want to hear the narrator wouldn’t want to edit it themselves anyhow.
I like him. He has a dry sense of humor.
None of them even countered the offer
They just went on for free advertising.
Man said you looked F uped LOL
Some franchise have wrap food ok in u.s.a
Still in business
Personally, I wouldn't touch food and beverage with a barge pole...nor hotels.
you wouldnt touch food with a bargepole.............something tells me you wouldnt have the intelligence to know which end of a bargepole to use in the first place
I wasnt paying attention.. No idea what they pitched something about overworking and a menu
I'm watching this eating a wrap lol what are the chances
Good idea, but bad idea. (only one selection per wrap).
2 Things I don't understand in DD why so many entrepreneurs are rejected based on their evaluation(if you don't like this valuation ask for bigger share) and not knowing the numbers by hearth(why owners who have taxes done by accountants can't bring papers with all of the calculations already done)?
if you dont care enough about your business to know how it is doing...........do i need to finish that sentence?
it's about either a perceived lack of respect, or just perceived incompetence.
Some do bring their accountants with them. Not many but if you keep watching DD clips you’ll eventually come across one. 👍🏻
Within 20 seconds you know for certain that you wouldn't see your £500,000 or these two ever again within a day of investing.
Are they successful?? Love street food
They need to bring in new dragons every season, every other season. Some of them sit there too long, start making less offers and investments They get too jaded.
Also if a dragon doesn't make any offers, get someone else.
“Wrap it up” sounds like the slogan for a condom company, not a fast food one.
Dragon’s completely missed out. Wrap It Up expanded exponentially over the next few years to 70 different countries, grossing over $11bn in revenue and becoming one of the top fast food brands in the world.
Wait what
Reckon your Google fu was off, buddy. There website indicates no such growth
I thought it was $20 billion and they are trying to buy KFC now
lol no it didn’t they asked for 500k for awareness they went in there for advertisement wats the biggest advert they went on dragons den how many people watched this think about it
WRONG.
The bloke doesn't look that bad very insulting
pretty sure it was edited to be like that
Jenny would be proud of the way they are recycling clips these.
Old joke 😑
or of how your recycling old jokes.. . . .
These clips
You rushed here to tell an old joke and didn't even bother to use the right dragon.🤦🏾♂️ For that reason, and not your desperation for likes, I'm out.
@@raymac5235 You rushed to tell me it was an old joke and didn't spot the deliberate mixing up of words. Fooled ya!
Chipotle enters the chat
Street food is about good quality , lol. By defn that's incorrect
Street food is cheap , easy and convenient. If people want quality they don't go to a Street stall.
It's getting worse, a central kitchen. So much for "theatre" in front of the customer
I assume the central kitchen does all the prep work, and they just construct the wrap on site. It's not feasible for them to be cooking different kinds of meat throughout the day like street food, hence the "theatre" sounds like BS.
@@mauharley "we are doing subway but with wraps"
Lol in shark tank, a company making 1.8mil would get valued at 10 mil and mark Cuban would have said " good for you " 🤣
I work 100 hours a week don't talk bollocks. That's 14.7 hours every day over a 7 day week .
And its gone.... Dissolved. Waste of time. 500k invested would have.. And its gone..
Dodgy dealers
Why they look so tired?
Running a restaurant ain't easy mate. Most likely these guys came from work and went back after the pitch.
Feeling baad for the guy
Yeah, the business was 'wrapped' up several years ago. Maybe they were biting off more than they could chew, or maybe they were pasta it. Anyway, no doubt these days they're not going bananas!! (I know, pathetic!) 😄🙄😄!!
It wasn't lol. They have stores all over London
He still looks ill?
Sorry... Wrap It Up is a TERRIBLE name... Makes me think that it's a condom company
if only youd given that advice first
Kelly is so photogenic
Until the camera gives the viewer her profile.
Very few look well under the reality of good camera angle etc maybe Ariana Grande / put you’re fav beauty here ! ;)
is that the best you have to say?
Oh sshhhh
Oh sshhhh
Much prefer the warmth of Sarah W over Kelly.
I'm tired of hearing these people saying "I could go do this tomorrow." Shut up and go do it than! The people who are here ARE ALREADY doing it NOW and already making money! At least give a good reason why you don't want to invest.
*I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment, in all you do put God first.❤*
HOW! I would really appreciate if you show me how to go about it. Please can you list the platforms ?
After my encounter with Mr Charles Schwab in the United States, my life have totally changed. Yours can also change it’s just a matter of commitment and focus.
I’m astonished, I thought I am the only one familiar with Mr Charles, he handles my account too.
My first investment with him gave me profits of over $27k U.S dollars and he does not fail
His trading income stream is mind blowing, I also trade with him . I've made $62,000 so far trading with his guidance/advice .
slimmy
This is absolutely NOTHING new.
Nice money laundering if you want it
I wish they would get rid of that narrator.
Be careful going into business with these people very dishonest
What were these 2 being dishonest about?
@@bamboozla9977 “these people” you can tell what really is bothering him
@@PlanetHarmocydes you read my mind
@@bamboozla9977 I think he means the dragons
They are dishonest, you know the type
2 grey gays...which inspires...nothing.
First
Its because their brown which makes them uninvestable in the dragons eyes
One of the dragons in this very clip is brown, you handicap.
These boys come here to advertise there self
They have wrapped their heads in a wrap !
I've eaten there in London! Its 6/10.
Kelly hoppen design guru?? But by looking at her 🫣 lol she’s jus filling seat here for real dragon