Entertainment

I turned down the huge offer of Dragons ‘Den

DRAGONS’ Den businesswoman Rachel Kettlewell thought she’d hit gold on the show when she got a big offer.

However, she explained that she later did not accept the agreement to sell part of the jam Fearne and Rosie.

Rachel Kettlewell Goes On In Dragon's Den- But In The End Doesn't Accept The Deal

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Rachel Kettlewell Goes On In Dragon’s Den- But In The End Doesn’t Accept The DealCredit: Twitter
She was made an offer of £40,000 but decided not to proceed in front of the camera

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She was made an offer of £40,000 but decided not to proceed in front of the camera

However, the company continues to be successful and is now accepting smaller investments from fans of the brand.

Vitamin mogul Tej Lalvani, 47, who dropped out of the series, has offered Rachel £40,000 for 35% of the business – or 30% if he gets his money back quickly.

Talk to show, Rachel said: “I held it together until Tej said he wanted to make an offer.

“At the time, I just burst into tears because it was such an emotional experience.”

However, she then decided not to continue – saying the jam company was successful after appearing on Dragons’ Den.

“We didn’t do the deal because it wasn’t the right deal for the business,” she explained. “We grew very quickly after the show.”

The jam specialist impressed the panel on last year’s show when she told them: “My name is Rachel and I came here today asking for £40,000 back on 20% of my business. .

“I was a teacher on maternity leave with Fearne and Rosie and later George developed and launched a range of reduced- and no-sugar jams.

“I spent a year at home developing recipes before launching in February 2018.

“It’s unbelievable that in just a few months of being present around the world at large, we’ve launched 152 Waitrose stores across the country.

“We’ve also managed to secure a local listing with Morrisons, we sell online, and we met Ocado earlier this year who also wanted to stock our products.”

Today, the brand is valued at £2 million and is listed in a wide range of major retailers.

https://www.thesun.ie/tv/8168165/dragons-den-jam-fearne-rosie/ I turned down the huge offer of Dragons ‘Den

Fry Electronics Team

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