Dear Dave,A small but well known hot sauce manufacturer is interested in selling their recipe and name. Is there any way for me to get a value of the business before I buy to make sure my offer is consistent with the worth of the business?Thanks,AnonymousAnon.:There are many factors to consider when valuing a business, including gross sales, net profit, …
Hot Sauce Co-Packer in Texas
Dave,I am a great fan of you and your books. I need resources for pepper processing equipment and requirements for the processing/bottling process. I intend to open a hot shop in Texas and sell many brands of sauce. I do not need equipment designed for producing huge quantities to start, I can expand later if my sauces become a hit. …
Getting started with Hot Sauce Manufacturing
Dave,I’ve come up with a couple of hot sauces that friends and family think are really good and that I should sell. I’ve been trying to find out what’s actually involved with bottling sauces to be sold. I’d be concerned about anyone getting sick, etc. Eventually, I’d really like to grow my garden and be able to make enough to …
Machine for Peeling and Seed Removal?
Hello Mary: As you might expect, I’m very knowledgeable about the chile industry in New Mexico. I’ve never heard of such a machine. To the best of my knowledge it doesn’t exist, despite what you may have heard. There are mechanical seedling planters, mechanical thinners, mechanical harvesters for some varieties, and mechanical sorters for harvested chiles. But a mechanical peeler …
Protecting Your Commercial Recipe
Hi Dave: Your article, “How to Manufacture and Sell Your Own Product”, is chocked full of helpful information, being that I am looking to do exactly that with my pepper sauce. I’d like to ask a question regarding co-packers. How would you advise one to protect his recipe when dealing with co-packers? What prevents them from creating my product if …