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Other Startup United States
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Frozen food manufacturer that delivers products through grocery, e-commerce and foodservice.

P&L Documents (1)Supporting files (1)
Asking Price
$297.4k
Multiples
1.8x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Annual Growth Rate
—
TTM Revenue
$161.1k
Profit
$-175.8k
Last Month's Revenue
$-90
Profit
$-195

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Other startup United States

Frozen food manufacturer that delivers products through grocery, e-commerce and foodservice.

Launched in 2019 from a food truck on the streets of Baltimore, this company specializes in convenient, flavorful, and healthy breakfast skillets and waffles made from real, natural ingredients. With a commitment to sourcing ingredients regionally—literally from farms a "stone's throw away"—it has grown into a prominent regional frozen food manufacturer. Its products have become staples in stores like Whole Foods, MoMs Organic Market, and Giant Foods, emphasizing its dedication to quality and local sourcing.
Asking Price
$297.4k
Multiples
1.8x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
The valuation is based on 1 X our trailing 12 month revenue. We are looking to make a quick close in Q2 2024.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
 $161.1k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
 $-175.8k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
 $-90 last month gross revenue
Last Months Profit
Total net profit last month.
 $-195 last month net profit
Customer metrics by
Customers
Total unique customers who have made a purchase.
< 10 Customers
ARR
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$0 ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
— Annual Growth Rate
Company overview
Date Founded
April 2019
Team Size
Just me (1)
Business Model
  • Business-to-business (B2B)
  • Business-to-consumer (B2C)
Based in Washington D.C., this company is a frozen food CPG entity specializing in healthier breakfast options. It offers nutritious breakfast waffles and skillets that cater to a better-for-you lifestyle, available through their grocery, foodservice and their owned website.
Tech Stack
  • Shopify
Growth Opportunities
  • Expand to new markets
Moving to co-manufacturer and offering new foodservice line extensions will increase both revenue and margins signficantly.
Competitors
  • Vans Waffles
  • Sweet Earth
  • Jimmy Dean
  • Kodiak
  • Evol Foods
Key Assets
  • Brand
  • Trademarks
  • Inventory
  • Customers
  • Intellectual property
Acquisition details
Selling Reasoning
  • Partner or family needs
Financing
  • Angel investment
  • Crowdfunding
  • Grants
  • Bootstrapped
  • Loans

Seller details

Startup details

Data room

Verified business
Business address and incorporation certificate verified (US entities only).

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