Savvy
entrepreneurs Richard and Jim George who spurned a £160,000 deal on
the Dragons’ Den TV series have seen sales of their anti-rot
fencing post sleeves soar by 75%.
The
brothers, from Malvern, Worcestershire, stunned the panel of
multi-millionaires on the hit BBC 2 programme when they declined four
offers for a stake in their Gloucestershire-based business last
summer.
Following
the show, their website crashed after being inundated with enquiries
about the bitumen-lined sleeves which extend the life of fence posts
by keeping preservatives in and decay out.
“Sales
to our existing customers have jumped by 75%, mainly because members
of the public started asking for PostSaver after they had seen the
product on the show. We’ve also added many new stockists to our
national supplier network,” said Richard George.
“We
thought we had made the wrong decision but now we’re not so sure.
As we said at the end of the programme, only time will tell and we do
feel vindicated by our decision to reject the cash,” he added.
As
PostSaver sleeves are produced in a range of 12 sizes, the Staunton
company has also won orders from a diverse range of businesses
including vineyards, playground equipment makers, decking firms and
utility companies for use on telegraph poles.
The
brothers developed the protective fence post sleeve after the EU
ruled only environment-friendly preservatives could be used to treat
timber fencing.
Many
consumers are unaware of the potential problem of ground rot in fence
posts and the hassle and costs associated with replacing a perfectly
good fence after only a few years, explained Richard.
More
information including a product demonstration can be viewed online at
www.postsaver.co.uk.
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Savvy
entrepreneurs Richard and Jim George who spurned a £160,000 deal on
the Dragons’ Den TV series have seen sales of their anti-rot
fencing post sleeves soar by 75%.
