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This exciting new CPG San Diego based startup is for sale. However, this is not just any brand: SOULMUCH is an upcycling company turning restaurant “food waste” into better for you, healthy snacks. SOULMUCH started because cofounders were working in the restaurant industry, frustrated seeing perfectly edible and nutritious food being thrown away every night. When they dove a bit deeper they found out that restaurants account for 33 billion pounds of food waste each year. There is a major opportunity here! Now, SOULMUCH partners with some of the largest restaurant chains in the nation to rescue the excess staple ingredients the restaurants consistently oversupply on such as rice, and figured out a way to turn it into the first launched product which is delicious & badass cookies. And now, SOULMUCH doesn't just stop at rice nor cookies. As SOULMUCH has grown, we've been able to rescue juice pulp from juice bars, coffee grounds from coffee shops, almond waste from almond milk companies, imperfect produce, all of which SOULMUCH upcycles and flavors into different products. What truly sets SOULMUCH apart is the clean ingredients, catchy marketing, mouth watering delicious taste, upcycling factor, and our fully compostable packaging. We have a very loyal cult following on our social media presence. We see the food waste problem as an opportunity to do well by doing good. We started SOULMUCH to close the loop between the restaurant industry and our food systems. We hope with the new ownership, you will "upcycle" millions of pounds of food ,reshaping industry standards, making the end of a supply chain, the beginning of a food revolution. * NOTE: Because this company reduces food waste, the business is eligible for reoccurring environmental government grants. Over the years, we have received over $200,000k in grants (free money). Location: San Diego, California Year Established: 2018 Number of Employees: 3 Real Estate: Leased Rent: $1,800.00 Per Month Facilities: Brand New Refrigerated Van (less than 2,000 miles) , Fully Equipped Kitchen: Convection Oven, Industrial Mixer, 2 Commercial Dehydrators, Flour Milling Machine, Food Processor, Stainless Steal Tables, Industrial Heating Sealing Machine, 3 Freezers, 4 Full Size Fridges, Office Printer, Inventory Stainless Steel Shelving, All Recipes (cookies, granola, ice cream, bread). We also have hundreds of incredible photos, videos, media and branding kits. Website: soulmuchfoods.com Market Outlook/ Competition: The healthy snacking industry is valued at $32 billion dollars and has a CAGR of 5.2% as growing awareness continues for healthy on the go snacking. The vegan market in 2018 was valued at $14 billion in 2018 and predicted to reach $31.4 billion by 2026 with a 10.5% CAGR due to the rise of conscious consumerism spiking 73% in recent years as consumers are willing to change their consumption habits to reduce the impact on the environment. Growth & Expansion: The company is poised for rapid growth--With California distribution, creating a catchy marketing video to promote with paid ads, capture customers on subscription, you will be cash flow positive quickly. The story and the management team make this company a good candidate for a successful crowdfunding campaign. Grow into farmers markets again, continue to knock on wholesale doors, increase D2C subscriptions, and improve social media presence and you will skyrocket. This brand has it ALL. Incredible mission, great products, and phenomenal branding
Listed: Apr 21, 2022
Updated: 1 week ago
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