Superfood Snack Business $675k TTM (40% GM) Servicing Top Tech Offices
| Asking Price: | $750,000 |
| Inventory: | $80,000 |
| Established Year: | 2017 |
| Gross Revenue: | $675,000 |
| EBITDA: | $70,000 |
Flexible Business | Easily Relocated | Large Growth Opportunities
Profitable eCommerce business with $675,000 in TTM revenue and $21,670 in TTM profit selling superfood granola leading the category in food service with its delicious products, innovative nutrition profile, strong founder story, and impressive list of top customers; actively exploring potential M&A opportunities.
Company Highlights
- Bootstrapped since its official launch in 2017 and 100% founder-owned
- $3,600,000+ in all-time revenue
- $700,000 projected for 2023
- Largely organic growth – Only $108,000 in advertising spend all-time
- $228,000 in total marketing spend all-time
- Business operated cash flow positive
- Avg. ~40% gross profit margin TTM (~$100,000 EBITDA all-time)
- Sold in top tech offices in Silicon Valley and across the country including the likes of Google, Facebook, and Twitter
- 25,000+ social media followers
- 3,800+ email address list size
- Strong repeat and loyal customer base:
- 77% of revenue on the Website comes from customers ordering 2+ times
- 74% of revenue on Amazon comes from 35% of customers ordering 2+ times
- Seven fully developed market-ready flavors
Some areas of growth include:
- Retail: this has largely remained an untouched channel for us, as we've placed our focus in more profitable channels in food service and eCommerce to ensure the business would remain cashflow positive in its development phase. For the right buyer equipped with the proper resources, there is immense room for growth through retail distribution.
- Product development: leveraging lean manufacturing setup for quick iteration on seasonal flavors and new product sizes/formats. In testing a bulk SKU on Amazon, we saw rapid growth in that channel that can be repeated for more product-led growth.
- Optimize manufacturing: while our manufacturing setup leaves room for flexibility and rapid iteration, more efficiencies can be had with new equipment or a larger manufacturer to cut down on manufacturing costs and improve margins.
- Resources for Marketing: to date, the business has grown organically with minimal marketing spend (<10% of revenue all-time). Beginning to advertise the product in traditional channels, affiliate marketing, etc. would leave room for significant growth.
