About Freedom Dr
BANKRUPTCY SALE - SCALABLE SUBSCRIPTION-BASED MEAL PREP AND DELIVERY BUSINESS
CALL FOR OFFERS – Rare opportunity to purchase a complete, existing business that produces, packages, and delivers ready-made meals to subscription customers throughout the continental United States. This Greater Washington, DC Area-based meal-delivery service has a cutting-edge online presence with award-winning website and robust, scalable, custom-built backend software. Customers can choose from among 500+ healthy, delicious, and ready-to-eat meals each week with five pre-selected menus available (balanced, diabetic, vegetarian, low carb/keto-friendly, and Mediterranean). Customers can use the website to easily pick their favorite meals, switch plans, and pause or restart the service whenever they like.
The business is currently grossing $4M+ in annual sales with an existing customer base of approx. 400 recurring weekly subscriptions. The average subscription is approximately $160/week, with 40+ local employees working diligently to prepare and ship 6,000-7,000 meals each week. The business has the capacity to handle up to 20,000+ meals weekly. There is also a co-packing arrangement with another local business that brings in a $17,000 weekly revenue stream. The kitchen is USDA-certified with daily inspections for stringent temperature control, allergen handling, and rigorous food sanitation conditions, as well as all required package labelling, procedure documentation, and hazard plans (HACCP protocol).
All physical and intellectual assets of this 30-year-old food business are included in the sale; including existing inventory of food and supplies, existing customer base and company branding, all installed commercial kitchen equipment (four large walk-in coolers, four large walk-in freezers, multiple ovens, dishwashers, ice machines, etc.), all packaging equipment (modified atmosphere packing, shrink wrapping, assembly-line rollers, box erectors, etc.), all shop equipment (electric forklift, air compressors, maintenance tools, floor sweepers and floor scrubbers, etc.), and vehicles (box truck and van). The business operates in leased industrial space near major highways and rail lines, with plenty of high-ceiling warehouse space for operations and finished office space for management and customer service. This sale is subject to US Bankruptcy Court approval. Offered for sale by Lauren Friend McKelvey, Trustee.
