Angel Bank

Innovative and healthy cereal and snack company

This is an innovative business within the functional food industry, taking advantage of the global health awareness with a product base from the Super foods niche.

Vision: To grow a company with an existing product range of 12 to 20 different products being sold in Scandinavia, UK and Italy. To be a player within the breakfast/snack sector and to be known as a proven healthy brand.

Unique aspects: Patented and proven. No other brand uses our core ingredient - barley.

Objectives:
Become a supplier to the main supermarkets in Scandinavia and also the UK
Increase our product range with more products, such as different drinkable products.

Total funding required: £2 million

Funding required for: Product development. Marketing, advertising and PR

Current annual turnover: £400,000

Revenue targets:
Year 1: £1.4 million 
Year 2: £2.0 million 
Year 3: £2.3 million

Product range: Barley-based breakfast cereals and snacks

Gross profit margin: 65%

Full business plan? Yes

A dream investor would be someone with excellent contacts with our potential customers in the UK, such as Tesco and Sainsbury's.

Business Profile: P1014

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