Animal Harvest & Processing Company

Key Markets: Commercial, Wholesale, & Retail The Company is an animal harvest and processing company. The Company is recognized as a local leader in custom processing for beef, pork, lamb, goat, and venison, and wild game. In 2019, management estimates that revenue was generated from processing (79%) and retail sales (21%). The Company works with a diverse set of clientele, including brokers (51% of 2019 revenue), individuals (18%), retail (16%), and wholesale (15%). The Company operates from a 9,500 square-foot processing facility including approximately 2,800 square-feet of refrigerated space. Highlighted Investment Considerations Historical Revenue Growth: The Company has experienced revenue growth during the historical period, from $1,185,000 in 2017 to $1,273,000 in 2019 , a CAGR of 3.6%. Increasing Earnings: EBITDA has increased in the historical period, from $93,000 (7.9% of sales) in 2017 to $101,000 (16.5%) in 2019. Modest Ongoing Capital Investment Requirements: The need for capital expenditures is low moving forward. Capital expenditures are projected at $11,000 per year, indexed for Company growth. Federal Meat Inspector: The Company is designated as a Federal Meat Inspection plant, allowing customers to sell their processed products anywhere domestically and export internationally. This designation more difficult to obtain and maintain when compared to Custom Exemption Plants and State-approved plants, and gives clients the peace of mind in knowing that the meat has been inspected and approved by a federal inspector. Location: Texas Growth & Expansion: Modest Ongoing Capital Investment Requirements: The need for capital expenditures is low moving forward. Capital expenditures are projected at $11,000 per year, indexed for Company growth. Federal Meat Inspector: The Company is designated as a Federal Meat Inspection plant, allowing customers to sell their processed products anywhere domestically and export internationally. This designation more difficult to obtain and maintain when compared to Custom Exemption Plants and State-approved plants, and gives clients the peace of mind in knowing that the meat has been inspected and approved by a federal inspector.