The Company is a food manufacturer and wholesale distributor that produces peppers in sauce and in vinegar. The Company’s products are sold under its brand name and through various private labels
Key Aspects
• Unique and differentiated product offering of an Italian family recipe
• Strong continuing supplier relationships with the Company enabling significant buyer power
• Six 100% owned warehouses totaling 80,500 sq. ft. with new equipment to be included in the sale
• The Company had an adjusted EBITDA margin of 14.7% from 2020 through 2023
Opportunities
• Expand product development to other sauce types
• Penetrate new geographies to increase the Company’s footprint
• Increase private label sales to scale the brand
• Capture additional wallet share within existing customer base through long-term contracts
Headquartered
• Eastern United States
Current Markets
• The Company's products are primarily sold direct to consumers, retailers or private labels in the Eastern U.S.
Real Estate
• The Company owns and operates out of six warehouses totaling 80,500 sq. ft. Five of the warehouses are connected and the sixth warehouse is located immediately down the street. The warehouses are included in the sale of the Company.
Shareholder Objectives
• The Company is wholly owned by a single shareholder who is seeking to financially de-risk. The owner is willing to stay for a transition period and is open to various deal structures
