Salad Dressing Empire
Read Millionaire Fastlane
I've Read UNSCRIPTED
- Jul 10, 2016
And that's a key word, Consumables. With most products, you really only expect a customer to buy one, maybe two of them. But with foods, you're constantly repurchasing. I have customers who have bought 15+ units from me to date. Recurring revenue at its finest.But consumables and food is still a huge world that interests me from a business perspective.
From doing research on M&A's for my investor pitches, the big ones we see are anywhere from 2x-5x gross yearly revenue. A lot of it depends on the total addressable market. Keep in mind, these acquisitions are being done by the big conglomerates, Kraft, Unilever, J&J, Pepsi, Coke... So they have big pockets. But, for them its about the product/market fit.Could you share a little more about what you know about acquisitions in the food / consumables industries?
Don't like ads? Remove them while supporting the forum. Subscribe.