ROYAL PALM FOODS
Royal Palm Foods, LLC was established in Mid-2012 to facilitate and provide a fully credit insured, working capital platform to protein aggregators and food brokers. After making their entry to the marketplace, Royal Palm Foods, LLC has quickly reached capacity based on all available capital. Please contact Eric @ [email protected] Fun Facts: Trading began August 1st 2012 Total Sales: $52,653,216 Total Pounds of Protein Sold: 40,630,507 Customer Base: 62 US based customers and 7... Mexico customers Total number of Transactions: 3010 Royal Palm Foods, LLC. is RAPIDLY expanding and has recruited an experienced sales team with annual sales of over $40,000,000 USD. In addition, Royal Palm Foods, LLC. has signed letters of intent from three other independent sales agents which will generate another $30,000,000 USD annually once their raise is complete. Royal Palm has identified several other markets to expand into as well as a few key acquisition targets in the protein space. Royal Palm Foods, LLC. currently utilizes a $5,000,000 USD Accounts Receivable (A/R) line of credit ($60,000,000 USD annually) from an industry leader in A/R financing but with a hefty cost. By closing on this finance package, Royal Palm Foods, LLC. will be able to lessen it's dependency on the costs of factoring thus increasing net margins to further solidify it's platform and pave the way for future expansion. Royal Palm Foods, LLC. is looking to close on the financing no later than July 31st, 2014, and has a complete diligence package upon request.
ROYAL PALM FOODS
Industry:
Food And Beverage Hospitality Marketplace
Founded:
2012-03-01
Address:
Delafield, Wisconsin, United States
Country:
United States
Website Url:
http://www.royalpalmfoods.com
Total Employee:
1+
Status:
Closed
Total Funding:
250 K USD
Technology used in webpage:
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