The Master Foods Lab offering is now closed and is no longer accepting investments.

Master Foods Lab

Taste of Homemade Functional Foods

Master Foods Lab

Taste of Homemade Functional Foods

Medley, FL
Food & Beverage
Master Foods Lab is a contract manufacturer providing the brands of tomorrow with clean label functional snacks. We specialize in gluten-free, low sugar, high protein, keto, and vegan snack categories. We pride ourselves on creating recipes that taste like homemade snacks utilizing high quality ingredients.

$14,200

raised
28
Investors
$10M
Valuation
$10.00
Price per Share
$150.00
Min. Investment
Units
Security Type
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$14,200

raised
28
Investors
$10M
Valuation
$10.00
Price per Share
$150.00
Min. Investment
Units
Security Type
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on July 02, 2022 and is no longer accepting investments.

Reasons to Invest

  • The Health Snack market has experienced rapid growth since COVID, expected to reach $108.11 billion by 2027 with a CAGR of 4.2%. (Source)

  • Since our launch, we’ve grown at a rate of over 230+%, from our first month with a revenue of 20K to our highest months with a revenue of nearly 200K. 

  • Demand for our product far exceeds our current production capacity and we are ready to scale, with 5 new multi-million dollar brands eagerly waiting for our products. 





The Health Snack market has experienced rapid growth since COVID, expected to reach $108.11 billion by 2027 with a CAGR of 4.2%.

OVERVIEW


Supplying the Snack Market with Healthy and Delicious Products


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As a contract manufacturer, we supply the snack brands you know and love with their products using the healthiest and tastiest recipes on the market. 


Health based products have been on high demand for years, but the pandemic accelerated the importance of nutrition to living a healthy lifestyle. Since our launch a year ago, our demand has grown so much that it now far outweighs our current capacity. 


We are excited about providing our brands with new innovation as we expand. We currently work with nationally and internationally recognized brands like 321glo, Bowmar Nutrition, MyProtein, NoBaked Cookie Dough and more. In order to meet our demand, we are looking to improve our operations with new machinery and automation to increase daily production output and reduce costs, as well as new personnel to handle more customers.  


THE PROBLEM


Demand for Healthy Snacks Has Never Been Higher

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Consumers have had to sacrifice taste for health for many years. There are not enough choices for great tasting, low calorie, low sugar, high protein, and other added benefit snacks readily available.  


The snack industry is currently filled with marketing plays on snacks that add no real health benefit and claim to be healthy. Big brand products claim to have protein or fiber, yet they  are high in sugar and calories and use ingredients you can’t even pronounce. 



At the same time, 37% of consumers are seeking out more better-for-you snack options than before the pandemic. (Source)


In a recent industry study of 7,000 consumers spanning four generations (Gen Z, Millennials, Gen X, and Baby Boomers), it found that 56% of consumers read ingredient lists, and 51% say that quality of ingredients is an important factor in choosing healthy products.  (Source)


We believe consumers can have their cake and eat it too with snack options that are both healthy and delicious. 



THE SOLUTION


Manufacturing Healthy Snacks that Taste Homemade



Since our launch, we have developed innovative recipes that we hold securely and can only be purchased by brands through a 5 year manufacturing term with our company. 


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We have a business model similar to large scale contract manufacturers, but what makes us unique is our ability to create products that taste like they are homemade, with clean ingredient labels and real health benefits. 


Over the past 12 years, our CEO Michael Alfaro has built key relationships in the health and wellness field, giving Master Food Labs a strong network and direct access to major brands. I spent the last 15 years building fitness centers, a live streaming video platform for influencers and a sports nutrition line which allowed me to meet CEOs of multiple nutrition brands, owners of gym chains, fitness influencers, investment groups, and more. Through those years in the health and wellness industry I have created many relationships which I can lean on for Master Foods Lab. Whether that is getting in contact with the CEO of a sports nutrition line or a distributor in the middle east, I have built an extensive network that we will lean on.


We are in discussions with 4-5 of the key customers which we’d like to supply, providing a jump in growth potential and securing a diversified portfolio. By providing even just a few new brands with different products, we can increase the overall enterprise value of our diversified and growing company in the health food sector. 

THE MARKET


Supplying a Growing, Multi-Billion Industry


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The overall snack market was valued at $427.02 billion in 2020 with an estimated CAGR of 3.37%. (Source) The Health Snack market alone is expected to reach $108.11 billion by 2027 with a CAGR of 4.2%. (Source)


In particular, Sports Nutrition brands are turning to functional foods to add newfound growth to their brands. The Global Sports Nutrition industry was valued at $40 billion in 2021 with an estimated 8.5% CAGR from 2022-2030. (Source)

OUR TRACTION


Enthusiasm for Our Products


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When we launched in 2021, we started with one brand averaging 3,000 units produced per day. Within 4 months, we had onboarded two new brands, increasing our monthly sales and increasing our daily output to 7,500 units. 


In the last 12 months, we’ve grown by over 230+%, from 20K revenue in Month 1 to close to 200K in our highest months. 


Our customers are seeing newgrowth with our snacks, giving them the confidence to invest in further expanding their snack line. When a brand hits the market with our products, they stir up industry buzz asking about their new manufacturer, building us a natural pipeline for new customers. 


As we approached the end of our first year in business, we hit our capacity at what we were able to produce daily (10,000 units) . We are currently in R&D stages with a few key brands that will need our daily capacity to double before we can bring them on. 



WHY INVEST


Raising the Standard of Snack Manufacturing


Our vision is to help people achieve their highest level of self by providing the brands of tomorrow with innovative, clean label, functional snacks. 


As we grow, we envision ourselves as an established manufacturer servicing great brands across 4-5 product offerings in our state-of-the-art facility while providing the highest quality products and services to our customers. 


We are setting a new standard for healthy snacks in an industry that continues to grow.. Consumers are searching for healthier alternatives and brands are looking to increase their offerings while adding new revenue generating products to their line. We are perfectly positioned and have already established a name in the industry as a premium manufacturer of healthy snacks. 


The time is now to scale and solidify our position in this growing market. 





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Offering Summary


Company

:

Master Food Lab LLC

Corporate Address

:

7287 NW 78th Terrace, Medley, FL 33166

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,069,990.00

Minimum Investment Amount

(per investor)

:

$150.00











Terms


Offering Type

:

Equity

Security Name

:

Common Units

Minimum Number of Shares Offered

:

1,000

Maximum Number of Shares Offered

:

106,999

Price per Share

:

$10.00

Pre-Money Valuation

:

$10,000,000.00











*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Securities or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Securities.

Investment Incentives and Bonuses*

Time-Based 

Friends and Family Early Birds

Invest within the first 7 days and receive an additional 15% bonus units.

Super Early Bird Bonus

Invest within the next 7 days and receive an additional 10% bonus units.

Early Bird Bonus

Invest within the next 3 days and receive an additional 5% bonus units.

Amount-Based:

$5,000+

Receive 5% bonus units

$10,000+

Receive 10% bonus units

$20,000+ 

Receive 20% bonus units

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Master Food Labs will offer 10% additional bonus units for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any units purchased at $10 / unit, you will receive 110 units, meaning you'll own 110 units for $1000. Fractional shares will not be distributed and unit bonuses will be determined by rounding down to the nearest whole unit.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$316,022.00 USD
$0.00 USD
Cash And Cash Equivalents
$2,631.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$709,021.05 USD
$0.00 USD
Costs Of Goods Sold
$771,239.74 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$421,365.20 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


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