Taste of Nature

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Security Type
Common Stock
Categories
Food & Bev
Location
SANTA MONICA, CA
Expected Close Date
March 29, 2024
Target Raise
$10.00K-$2.00M
Security Price
$2
Number of Employees
34
Cash
$1,056,290
Revenue
$31,790,371
Short Term Debt
$2,588,535
Cost of Goods
$19,984,739
Long Term Debt
$2,270,298
Net Income
$3,207,194

Company Description

Taste of Nature is a 31-year-old confectionary company that boasts a portfolio of multiple niche category-leading brands. After selling only in theaters, the Cookie Dough Bites candy was added to huge retailers – Blockbuster, Walmart, and an assortment of grocery and convenience stores. Today, the company’s products can be found in more than 45 countries across six continents.

Management Team / Advisory Board Bios

Douglas Chu Co-Founder and Vice President BackgroundDoug co-founded Taste of Nature in 1992. Today, he holds over 30 years of experience in manufacturing, distributing, merchandising, and marketing confectionery products to a wide array of retail outlets around the world. He also oversees all aspects of the company’s supply chain management, finance, and production. Doug made appearances on the Food Network’s “Unwrapped” and “Unwrapped 2.0” in 2003, 2010, and 2015. Prior to 1992, Doug served as a media and entertainment financial analyst with Bankers Trust in Los Angeles. He holds a Bachelor of Science in Economics, graduating from the Wharton School of the University of Pennsylvania. Together, Scott and Doug’s profiles have been featured in Forbes, The Wall Street Journal, Business Week, Success, Entrepreneur, the Los Angeles Times, and the Los Angeles Business Journal, where they made the cover. As well, the gentlemen were featured in the following books: “Growing and Managing an Entrepreneurial Business” (Allen/Houghton Mifflin); “Nobody’s Business But Your Own” (Brown/Hyperion); “Upstart Startups” (Lieber/Broadway Books); “Young Millionaires” (Lesonsky/Lesonsky and Stodder) and “The Great American Chocolate Chip Cookie Book” (Wyman/Countryman Press).

Amount Raised : $214,604
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Security Description

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