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

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