ROYAL PALM FOODS, LLC
MONTCLAIR, CA 91763, US
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 our entry to the marketplace, Royal Palm Foods, LLC has quickly reached capacity based on all available capital. Please contact Eric @ [email protected]
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 our 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.
Products / Services
PROTIEN’S AND BULK FOOD PRODUCTS
Royal Palm Foods was founded in 2012 to be a world class protein import/export and domestic sales organization catering to local, regional, and national grocery chains as well as foods processors and producers.
President Executive Officer
ERIC D POMEROY
With over 18 years of experience in the banking and finance industry, Eric brings a broad knowledge base of financial management and problem solving capabilities to work through the toughest of problems. Eric has been involved in the recapitalization and successful turnarounds of several multimillion dollar companies as well has been instrumental in building several companies from the ground up in several industries and has been an investor/advisor to countless others.
After two years and a tremendous learning curve, Eric is even more enthusiastic about the potential of Royal Palm Foods and working with the sales and management team to make Royal Palm Foods an industry leader in the wholesale food space.
Vice President Operations
JAMES C STEWART
With over 25 years in the finance and sales environment, James brings an incredible track record on managing large scale sales operations. His ability to create, build and manage multiple large volume sales operations has been instrumental in the development of Royal Palm Foods. James has been involved in transactional base financing across multiple industries and embraces this opportunity to develop Royal Palm Foods into Industry leader.