Acquisitions Anonymous - #1 for business buying, selling and operating

For Sale: A 100-Year-Old Salad Company Doing $10.5M in Sales

Sep 10, 2024

Chelsea Wood, a representative from Acquisition Lab with expertise in business deals, joins the discussion on a century-old salad company generating $10.5 million in sales. The team explores growth opportunities and operational challenges the business faces. From military contracts to adapting products for modern consumers, they delve into potential buyer profiles and the importance of social media innovation. With vibrant discussions on potato salad perceptions and the evolving market, it’s a whimsical yet informative look at a unique niche.

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Intro

00:00 • 2min

Exploring a Century-Old Salad Company with Promising Growth

02:24 • 4min

The Quirky World of Unconventional Salad Manufacturing

06:41 • 2min

Analyzing a Century-Old Salad Company Acquisition

08:18 • 8min

Revitalizing Food Products through Social Media Innovation

16:10 • 2min

Potato Salad Perceptions: A Century of Change

18:00 • 16min

In today’s episode of Acquisitions Anonymous, we take a deep dive into a unique business—a 100-year-old salad manufacturing company in Los Angeles County. Hosts Michael Girdley, Bill D'Alessandro, Mills Snell, Heather Endresen, and special guest Chelsea Wood from Acquisition Lab discuss the ins and outs of this $4.6 million deal. From potato salads to military contracts, this business has strong growth potential, but with a few possible red flags. The team explores potential buyer profiles, operational challenges, and whether this company is ready for a modern makeover.

Thanks to this week's sponsor:

Acquisition Lab and their team have been longtime supporters of the pod.

Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.

If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com and mention us ;)

Key Points Discussed:

1. The Business Breakdown – Overview of the salad manufacturing company's performance, including its product mix and client base.

2. Growth Opportunities – How the business has grown from $6 million to $10.5 million in sales in four years and what potential lies ahead.

3. Operational Concerns – Challenges with scaling, customer concentration, and the company’s long-standing history.

4. The Real Estate Factor – How LA real estate could impact the business's profitability and future growth.

5. Diversification & Expansion – The possibilities of expanding the product line to healthier or more modern offerings.

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