Innovative Snack Brand Positioned for Rapid Growth

Los Angeles, CA (Los Angeles County) (Relocatable)

Innovative Snack Brand Positioned for Rapid Growth
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Asking Price: $555,000

Cash Flow: N/A

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $0

Inventory: $70,000*

Established: 2015

*not included in asking price.

Innovative Snack Brand Positioned for Rapid Growth

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Business Description

On-Trend, Functional Snack Brand w/ 30k+ Social Followers

One of a kind product delivering edible caffeine!

Here is a chance to add a new product line to your food business or take over and run a turnkey brand with large growth potential in an exciting new category. Having sold this product line nationally across many channels, along with a fast-growing online business, this established, natural snack product and brand is ripe for the successful buyer to grow.

Highlights:
- ~$2M USD in products sold
- 3,000 offices purchasing as snacks for employees (pre-COVID but relationships remain active)
- Online business has tripled since March 2020
- Recurring revenue through a subscription model (recurring revenue of ~$20,000 for the next 30 days)
- 30 trademarks centered around brand concept defending from new entrants

Benefits of this Business:
- Predictable customer acquisition costs of ~$10 CAC with an LTV of $60+
- Can be run to generate a side or full-time income.
- Perfect opportunity to jump into an existing and established operation with a proven model.

Currently, there are 3 people working at this company. There are two owners and 1 part-time employee in customer service. This team oversees operations, sales, website management, graphic design, and customer service. With a fully remote team, this company is easily relocated and scaled to meet the strategy of any owner – even one that would like to travel the world and continue working without missing a beat, as many of the various tasks are automated.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Employees:
3
Facilities:
- Fulfillment is done by a 3PL in Dallas, TX and all products are co-manufactured for ease and flexibility. - All related Assets included (customer database, trademarks, email list of 20,000 subscribers, currently paying customers, all social media accounts with 30k+ followers, CRM, domain, website content, email templates, financial KPIs spreadsheet, R&D templates, workflows, etc.)
Competition:
The market for caffeinated snacking has quickly scaled to a $3B+ market opportunity with a growing number of small competitors. A few larger players recently launched their own products, which has added positive validation for consumer demand. With our unique positioning and brand, we are poised for continued growth to lead the category.
Growth & Expansion:
Leverage years of customer and survey data to take advantage of low hanging fruit with our online business, while re-entering office pantry sales in the new year. We have over 3000 customers who are actively waiting for offices to return for this profitable sales channel to return. In addition to this, we will have a codified retail playbook to open that channel for additional growth.
Support & Training:
The current management team is ready to bring in a buyer and train so that any interested new owner can be fully prepared for success. All information and processes across functions will be codified in shared documents and videos for ease of training and referencing when taking on each role
Reason for Selling:
We see a large future for the brand, but feel it needs someone or an organizatio
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