Ready-Made Meals Company Investment Opportunity in Brussels, Belgium
Established | 5-10 year(s) |
Employees | 50 - 100 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 3 million |
Run Rate Sales | USD 3 million |
EBITDA Margin | 10 % |
Industries | Ready-Made Meals |
Locations | Brussels |
Local Time | 6:32 AM Europe / Brussels |
Listed By | Advisor / Business Broker |
Status | Moderately Active |
- Grew rapidly to EUR 2.7 million in annual sales, in 3 years.
- Has several ex-industry CEOs on its board, to support further growth.
- The revenue model is based on subscriptions, making customers stickier, and revenue more recurring.
- All subscriptions are through the brand's own website.
- No capex is needed as the large one-of-a-kind kitchen is already operational.
Subscription for healthy, and local, ready-to-eat meals, delivered weekly throughout Belgium.
Customized centralized kitchen to support the production of meals and brand name.
Leased office space in Brussels, and a centralized kitchen close to the city. Centralized kitchen built from scratch to create a competitive advantage and support further growth.
Negative working capital requirements and EUR 500k equity fundraising made 2 years back. EUR 1.5 million in debt funding was raised through other financing sources including good relationships with banks and crowdfunding platforms for debt.
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1 week, 6 days agoDirector, Domain Hosting, Lompret, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Construction & Interior Designing, Riyadh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBoard Member, Mental Healthcare Services, Paris, Individual Investor / Buyer connected with the Business