Balzac’s Coffee Roasters
Hospitality pitches generally don't curry favour in the Den, though Dragons' Arlene Dickinson and Bruce Coxon couldn't ignore a gourmet coffee chain looking for cash to expand its franchise. In the sixth season premiere, Diana Olsen, founder of Balzac's Coffee Roasters, marched into the Den and won over the two Dragons, who each put up $180,000 for a 15 per cent stake in the company. What followed was, according to Olsen, months of "intense due diligence," but the deal was eventually closed. Already with five locations across Ontario, including the one pictured above, in Toronto's Distillery District, Balzac's has now broke, ground on two more stores in the Big Smoke's downtown core.