In order to be worth 16 million, it would require a turnover of 6.4 million(using a standard 2.5 turnover multiplier). Mr Hajikypri, who started out with 30 of chicken, rice and brocolli cooked on his brother's hob, told MailOnline only an offer over 250million would make him 'bat an eyelid' but insists selling up would be as painful as 'cutting off one of my testicles'. Rugrats! No one likes conducting business in public. He famously told TV star Peter Jones that he would "regret" turning him down, before saying: "I don't class the Dragons as rich". "I'm not an idiot, you hear it all the time that people sell their business too early. Mr Hajikypri: 'No business makes a profit in the first few years, everyone knows that. I didnt want their money anyway, I just wanted their contacts, but Ive worked hard to achieve success on my own. Can I use equity release on a buy-to-let or holiday home? I'm really gutted. "I live like a billionaire in my mind every day. I have worked for this business and I know what it will be worth., The business is now valued at around 16m, when the Dragons didnt even think it was worth 2m.. I am glad they turned me down now, as I have done very well without their help. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. 'My business isn't going to grow unless I invest the money I make back into it. The meals from Professional Gains are all made to be part of a balanced diet and cost an average of 4.90. (2 pages) 03 Oct 2018. Marco Hajikypri used to drive a 50,000 Audi Q7 but now has to borrow his girlfriends Smart car. Its hard to imagine how a company bringing that in could possibly be worth 16 million. And why would you turn it down? The best Black Mirror episodes of all time, ranked, 10 best nature documentaries to watch on Earth Day, Who should be the next James Bond? Now, Hajikypri claims that he has turned down an offer of 90 million big ones for his business, which provides tailor-made fresh meals, with balanced protein, carbs, fat and vegetables, costing an average of 4.90 a time,by a local multi-millionaire. Theyre Dragons but Im a bigger dragon. Marco Hajikypri stormed off the BBC show (pictured last year) after being given a hard time by its millionaire investors but says it is their 'loss' He has turned down three offers from two. Levi Roots, Hungry House and the Tangle Teezer are all winners from the show, but the latter was pretty much laughed off the show. "He said 'come and have a chat with me I want to speak to you.'. He and his fiancee slept in his car for six months, working 38 hour shifts, cooking and delivering meals to customers. 'I'm not going to give up though, my goal and vision are still the same and I will keep working.'. Subscribe to our newsletter to get the day's top stories sent directly to you. The returns over summer for all the world's major stock markets revealed, Will millennials change the investment landscape? marco hajikypri - Sales Director - seeds of needs ltd | LinkedIn They may know a lot about business but it's not every time the Dragons get it right. Ive slept in my car. Marco, from Great Barr, Birmingham, went on BBCs Dragons Den last year with his Pro Gains healthy meals service. "At the end of the day, my partner recently had a miscarriage, and the stress caused by the drop in profits and the abuse must have contributed to that. Having project a turnover of 17million this year, he now concedes that the business will make "nowhere near" that, and his base of 38 staff has now reduced to just 10 people in the last four months. 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Progains Meals - horrible company MoneySavingExpert Forum Mr Hajikypri said that he had turned down a 90 million offer from Coventry businessman Jojar Singh earlier this year - and would now take "a tenth of that offer". You can change your cookie settings at any time. Marco Hajikypri went on the show last year looking for 125,000 for 5% of his company (meaning that it was valued then, by him, at 2.5 million) , but failed to receive an offer after being pulled up by Deborah Meaden on his claim that he owned the trademark a letter produced by him revealed merely that he had an acceptance of an application for a trademark. 'I don't class the Dragons as rich. "I don't know what I'd sell the business for, 250 million may make me batter an eyelid - but it's going to make billions. Unlike the Dragons.". Fantastic real-life tales you can stream now on Netflix. We don't as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it's rarely made public until it's too late (see the. World's Billionaires Newcomers: The Full List of 268 - Forbes Customers can just go to the website and order tailor-made fresh meals, with balanced protein, carbs, fat and vegetables like Italian chicken and sweet potato, salmon and brown rice or beef stew and kale. Farm Heroes Saga, the #4 Game on iTunes. X-Men! A Dragons' Den reject who has never made a profit says any bids for his food empire need to start at 250millionbecause he needs at least 150million to buy and 'do up' his own Caribbean island. I read online that this happened with many customers. It is not known if it is genuine. You can change your cookie settings at any time. At the time, Hajikpyri went in the den to ask for 125,000 for a 5 percent stake in his business. Marco Hajikypri told multi-millionaire Peter Jones he would live to regret his "foolish" decision as he stormed off the BBC programme. Please dont look me in the eye and tell me you thought you had a trade mark., When Mr Hajikypri described himself as an "open book" she snapped back: "You're not an open book because clearly you told me categorically, several times you've got a trademark and you haven't - so what else are you completely wrong about in your business?". The healthy meal delivery service had turned over 250,000 by the time it entered the. Marco Hajikypri says his healthy-eating business will be worth 1 billion. He provided the Dragons with a selection of Professional Gains proteins and showed them the menu of the 420 meal combinations that are available. Marco also said that each one of the Dragons has a key to success in their own mind and one of those keys is going to fit the lock to his success. "You need money to have freedom and that's what I want. I thought my offer was something to be proud of after Dragons Den, but people thought I came across as arrogant. There's also no contract, so you can leave anytime. He had a rough ride, especially from Deborah Meaden, who declared: 'This is like arguing with cotton wool' and put her head in her hands. Martin Robinson, Uk Chief Reporter For Mailonline, 'We're not your enemies!' Unlike the DragonsThe business is now valued at around 16 million, when the Dragons didnt even think it was worth 2 million. He stood confidently in front of the Dragons, made his pitch and requested a 5 per cent investment worth 125 000 from the five investors. There are more important things. when he objected to the price tag. 'I don't really want to expose where this island is in case someone else puts a bid in but it's in the Caribbean and it's up for sale for 40 to 60million. "I think people are forgetting that I came from nothing, I used to have to sleep in the back of my car, and started off with 30. I don't know what I'd sell the business for, 250 million may make me bat an eyelid but it's going to make billions. I didnt wash for 4 days because I was that busy and I didnt have a place to sleep. Dragons' Den reject who stormed off BBC show after 'foolish - The Sun Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first. With a very healthy 10%profit margin, youre looking at 180,000. Hajikypri told the Birmingham Mail: "It's not worth that yet, but the potential investor - Coventry multi-millionaire Jojar Singh Dhinsa - has the vision to see what I could be making in a few years' time. Last year I donated 4,000 worth of food to the homeless. He got nothing. Investigations Editor for the Express & Star. The businessman appeared onBBC's Dragons' Den last year with his Pro Gains healthy meals service and argued with Deborah Meaden over its value. Marco was first up on the bill out of all the entrepreneurs and has grafted with blood sweat and tears to get his diet meal delivery company, Professional (Pro) Gains off the ground since 2015. Company name changed pro gaines LIMITED\certificate issued on 12/02/15. Especially Michael Gove, he bloody loves it. Email us attips@the-sun.co.ukor call 0207 782 4368, News Group Newspapers Limited in England No. The comments below have not been moderated, By Did you know with a Digital Subscription to Belfast News Letter, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Food and Drink Platform www.your-cook.com. Jenkins was convinced that the healthy meal management business owner would get to where he wants without outside investment and so he decided not to invest. Peter Jones then asked a series of questions around Marcos future valuation of Pro Gains at 2.5 million. Now he employs 20 people in three units and plans to bring in 13 more staff to him prepare and deliver 7,000 healthy meals a week. 'I'm glad the Dragons turned me down as I've done very well without their help. "I don't really want to expose where this island is in case someone else puts a bid in but it's in the Caribbean and it's up for sale for 40-60million. Dragon's Den viewers stumped by equation on entrepreneurs t-shirt, Dragon's Den contestant once made so much money Peter Jones said he should be a dragon, Entrepreneur who turned down Dragons' two 'disappointing offers secures huge funding, Unsuspecting Dragons Den entrepreneur is being called shows best ever following genius invention. In July, he said: "The business wasn't for sale, he (Jojar) saw me on Dragon's Den and we had a chat and I explained to him the vision for this company and he put a bid in. Future Publishing Limited Quay House, The Ambury, Bath BA1 1UA. Last year I donated 4,000 worth of food to the homeless. nearpod promo code for teachers 2020 - metodosparaligar.com 'There's no contract so you can cancel at any time and you don't have to get other people involved if you don't want to.'. Halloween revellers paint the 'We're not your enemies!' Ive certainly proved them wrong. Tonight at 9pm on BBC2, Sunday 31st July, the second episode of the current series of Dragons Den aired where budding entrepreneurs pitched business ideas to multimillionaires (Season 14 Episode 2). Meaden questioned whether the company was trademarked and it became apparent that it was not. 'Pretend I've got Thierry Henry at 18 years of age I know he's going to be the best striker in the premiership so I'm not just going to let him go cheap. But just a few months later, Marco had expanded to three units in West Bromwich and employed 33 people to prepare and deliver 7,000 meals a week. 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