Profile number 106508

Energy bars based on dried rejected bananas

19/06/2023 Date added

Located in

The Netherlands

General information

Sector

Retail food

Type of company

Other

Legal entity

Private limited company

Type of transaction

To be determined

Life phase enterprise

Starting

Employees in FTE

< 5

Type of buyer

  • MBI candidate
  • Strategic acquisition
  • Investor


Financial information

Turnover last financial year

€ 0 - € 100.000

Asking price

€ 100.000 - € 500.000

Earnings before taxes

Confidential


Company history/background

We make delicious organic energy bars based on dried rejected bananas. We have been winning people over wherever we go as a new alternative to cereal, nut, and date-based bars. Bananas are a natural energy booster, along with nuts, seeds, cacao and superfood, it makes for a perfect snack on the go in between meals and an ideal energy bar for before or after sport.

We are on a mission to make healthy and pleasurable snacking experiences the norm and make banana farming 100% free from social and environmental abuse. We made sure to use only organic ingredients. We source our dried organic bananas from Ecuador, where supporting the growth of the organic banana plantations is our way to fight against the industry norm of using highly poisonous and carcinogenic pesticides. We use only rejected bananas not suitable for the export market and commit 1% of our total revenue to support the farmers in Ecuador we work with.

The total of our sales last year was 50.500 EUR.


Company activities

We use a transaction-based business model. Our customers are both B2B companies such as wholesalers, retailers, E-commerce websites, catering companies, and direct customers that we reach through our online sales channels (margins are between 34-50%).

In 2022 we got wholesaler partners in The Netherlands, Germany and Finland. We got listed at Odin, Kesko, Ruohonjuuri, LPg Biomarkt, Amazon, Bol.com, ect..


Unique selling points

We are the only energy bar brand in Europe using dried bananas as the main base and as a natural energy booster. We are a mission-driven brand, which makes us special in the energy bar market, and since our launch in the market, it has been an important selling point for both B2B and B2C customers.


Other

Capital required: € 300.000,-

Investment need:

  • 45% cost of goods sold;
  • 29% salaries;
  • 27% marketing.

We are looking for investors who would like to join our entrepreneurial journey and can ideally support us financially, commercially and strategically to accelerate our international growth.

There are no investors present in our company. We got the innovation loan of 150.000 EUR from Rabobank.


Energy bars based on dried rejected bananas
Region
The Netherlands
Sector
Retail food
Type
For sale
Turnover
0 - 100.000
Overname
100.000 - 500.000