Sold

Opportunity to Acquire the Business & Assets of an Established Online Plant Based Flash Frozen Subscription Meal Provider - Project Noodle

ID:

758.1674A - Project Noodle

Details

Project Noodle

OPPORTUNITY
  • Established supplier of delivered Plant based Vegan Foods
  • Subscription based model with 46% active subscriber growth in 2023 to date.
  • Operating from modern leasehold premises located in the South East.
  • Development and Preparation of products carried out with modern kitchen facility complete with flash freezing capacity.
  • Average of 7% Month on Month revenue growth since September 2022
  • Average of 30% Gross Margin excluding Discounts with c.75% GM on food
  • Average of £181 of revenue per customer in first nine months
  • Average order value of £57 per customer (Including Discounts)
  • Sales via own brand website with in-house distribution operation via external network
  • Rated 'Excellent' on Trustpilot

Viewing Details

Timeline:-

Deadline for interest and initial offers is 12noon Monday 26 June 2023

Interested parties will be required to sign a non disclosure agreement (NDA) before further information is provided

To request an NDA, please email David Ross ([email protected]) / Sharon Gill ([email protected])

 

Please Download the Notice of Sale for further information

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