Founded 10+ years ago, this niche business has a great story to tell. This retail/wholesale distribution company sells bakery-type foods. All products are high-end, health-conscious foods. Scientifically, this company's process yields the most natural flavors in its finished product when compared to others in the marketplace. Additionally, proper space and bakery design are necessary to make these high-quality products. No other bakery production center (grocery store, restaurant, or dedicated bakery) is using this company's process, and is likely not designed to facilitate this process. The majority of the competition, in this market, focuses on basic commodity products, whereas this business is much more of a niche focus.
The revenue number continues to climb. Year over year 2020 to 2022 revenues climbed 60+ percent. The 2023 revenue numbers are tracking ahead of 2022. Currently, the revenue mix is 70% retail and 30% wholesale. The owner's benefit is following suit.
