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High-Growth, Automated "Ready-to- Eat" Gourmet Popcorn Manufacturer - SQF Cert. - Located in the Midwest, US #68310 Sign NDA ► 2024 Revenue Est. $3,400,000 (63.2% Growth) 2024 EBITDA Est. $670,000+ (19.8% of Sales) DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Lance Thomasson Vice President - M&A Email: LThomasson@generational.com Mobile: (469) 828-2792 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Company is a high-growth, automated "ready-to-eat" popcorn manufacturing company that specializes in developing and making store brand products at competitive prices for nationally known retailers. The Company quickly grew their operation, focusing on quality, consistency, and customer satisfaction. The journey involved strategic investments in automation and technology, ensuring precise ingredient handling, consistent seasoning application, and efficient packaging. The Company's diverse product line includes traditional favorites like kettle corn and butter popcorn, as well as caramel and cheese popcorn. The Company's dedication to food safety, reflected in their SQF certification, provides customers with peace of mind, knowing they're enjoying snacks of the highest standard. *In response to recent explosive demand and expanded customer agreements, the Company has started a 2nd shift, increasing operationally in-force excess capacity. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS >Founded in 2002 >Tech-Advanced w/ High Excess Capacity >Located in Midwest, US >25,000 Sq. Ft. Facility, + Acreage >Blue-Chip Customers >4 FT & 6 PT Employees, All Cross- Trained, with Zero Turnover >100% Customer Retention >$1,600,000+ in Fixed Assets FMV INVESTMENT APPEAL • Strong Historical Sales Growth: Historical sales have grown from $1,791,000 in 2021 to $2,083,000 in the fiscal year ending December 31, 2023, representing a compound annual growth rate of 7.8%. • Decreasing Operating Expenses: Operating expenses have been trending lower, decreasing slightly as a percentage of sales over the historical period. Effective management of operating expenses led to greater profitability over the historical period. • Earnings % above Industry Averages: The Company's projected EBITDA percentage of 19.8% is higher than the industry average for similar sized firms of 13.2%. Additionally, the Company has eclipsed the industry average performance in each of the last two historical periods. • Strong Equipment Base: Over the Company's history, management has made strategic decisions to enhance production capacity along with improving operational efficiency. The owners have invested in professional packaging equipment and have automated much of the production process. This has since reduced labor costs and increased productivity, and created considerable excess capacity*. • Established Blue-Chip Clients: The Company services elite Blue Chip customers, and the Company recently has been awarded four (4) additional products totaling seven (7) with the largest in newly signed long-term agreements. GROWTH OPPORTUNITY >Massive Excess Capacity >Product & Service Expansion w/ Current Customers >Develop Sales & Marketing Customer Market Mix