1309 Main Street, Dallas, 75202, USA
Wellington Farms, (USA), Inc. dba Wellington Foods was founded in April 2010 when I decided to branch out from a family food tradition dating back to 1907 ( their stance ”If it swims, they will invest”).
Wellington Foods is a GLOBAL food company with emphasis in packaged food from contracted growers and processors in low input cost countries (West Africa,Cameroon .35 cents per man hour, Guatemala $2.50 per man hour) then market and distribute in high socioeconomic nation states with over all mark ups average at 100%. They focus on fresh and niche marketing areas their competitors are usually small and medium size companies. They do not compete head on with the major players.
They stay in the retail produce area (no slotting fees), value stores,, food service, ingredients sales and have found a good fit to to provide the national penal systems low cost nutritional frozen vegetable sides to help feed their 2.6 MM incarcerated individuals,
They just landed a major retailer to roll out nationally their ROMAN GODDESS fresh berry line and are need of inventory purchases (namely Strawberries). This would be in tan tum to the 4 MM receivable financing line they have in place currently and with no long term debt the company has allot of upside potential.. According to Nielsen the fresh berry retail category is a ( 5) billion a year market and growing 4.3% annually in revenues In the United States.
There is much more to this profile.
Log in or sign up for free to see the whole thing.
Get free access to these powerful tools:
- Advanced search filters
- Full startup and investor profiles
- Follow startups and investors
- Custom follow-lists
- Startup benchmarking
- Network maps
- Market stats