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Security Type
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Equity
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Categories
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Retail, Technology, Financial Services, Food & Bev
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Min Investment
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$100
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Location
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West Chester, PA
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Offering Date
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April 21, 2019
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Expected Close Date
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April 30, 2023
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Target Raise
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$150.06K-$534.94K
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No. Investors
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149
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Security Price
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$78.89
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Deal Notes
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$31.50 per share
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Valuation
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$7,999,000
- Number of Employees
- 6
- Cash
- $268,687
- Revenue
- $1,329,439
- Short Term Debt
- $186,343
- Cost of Goods
- $666,209
- Long Term Debt
- $150,000
- Net Income
- $32,315
Company Description
We Craft Bacon Jam. Spreadable bacon... Finally!
Perks
Invest $100+ for Branding Package including stickers and recipe cards. Access to a private investors only web store.
$250+ The Lower Perks Plus 20% off retail web orders FOREVER
$500+ The Lower Perks Plus Ask Me About My Bacon Jam Tee Shirt
$1,000+ The Lower Perks Plus 35% off retail web orders FOREVER and a Gift Box of our New Products
$5,000+ The Lower Perks Plus R&D Team - You will have the opportunity to sample and provide feedback on new products before they launch!
$10,000+ The Lower Perks Plus Join us at either the Summer Fancy Food Show (East Coast) or Natural Foods Expo (West Coast) in 2020. See the cutting edge in food innovation, taste amazing bites from around the world and be part of the TBJ Team at our booth. This includes the show pass only and does not include travel expenses or accommodations. You will be invited to our team cocktail hour and dinner.
Key Deal Facts
90% Revenue Growth last year.
$3M in total revenue. Bootstrapped AND profitable since inception.
Products on 5,500 grocery stores shelves (14% penetration in just 5 years).
1,000 restaurants serving our bacon jam.
We already have national distribution in both food service and retail-wholesale channels.
Award-winning, best in class products.
Use of Proceeds
Expansion to Markets/Slotting Fees, Inventory, Samples/Demos, Marketing and Advertising, Equipment Retooling
Management Team / Advisory Board Bios
Michael Oraschewsky
Chief Executive Boar
Opened his first restaurant at 23 and has been leading teams of passionate food professionals since.
Bruce J Kramer
COO
A Drexel Engineer and home brewer, Bruce decided to go all in as a food entrepreneur with his idea.
Jeffrey McCary
Co-founder