Kabobs Inc.

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Kabobs Inc. - overview

Established

1980

Location

Lake City, GA, US

Primary Industry

Food

About

Kabobs Inc. is a culinary company specializing in premium appetizers and hors d'oeuvres, known for their flavorful offerings like the signature Peri Peri Chicken Skewers, providing convenient dining options for various events. Kabobs Inc. specializes in producing high-quality appetizers and was founded in 1980 in Lake City, US.


The company's management participated in a transaction where Gourmet Culinary Holdings, LLC, a portfolio company of AUA Private Equity Partners, acquired Kabobs Inc. in April 2019. The company was founded by Terry Hunt, who has a background in the culinary sector. The current CEO is Steve Law.


Kabobs specializes in providing a diverse range of appetizers and hors d'oeuvres, focusing on their signature offerings like the Peri Peri Chicken Skewers. These skewers are made from hand-cut chicken thighs marinated in a unique smoky, spicy red pepper sauce with citrus notes. The company serves a clientele including restaurants, catering services, and individual consumers seeking high-quality appetizers, distributing their products primarily in urban areas with vibrant food cultures. Kabobs generates revenue through direct sales of their product offerings, focusing on B2B partnerships and direct-to-consumer channels.


Clients, including caterers and restaurants, order based on specific needs, driving revenue from items like the Peri Peri Chicken Skewers, which are positioned as premium appetizer options. The pricing reflects the quality of the products, catering to both bulk orders for events and smaller orders for consumers, enabling a steady revenue stream while fostering partnerships with businesses. Kabobs Inc. is planning to expand its product line and explore new markets.


The company is currently developing new appetizer products set to launch by mid-2023, and aims to enter additional urban markets in the US by 2024. The recent acquisition by Gourmet Culinary Holdings, LLC, in April 2019, is expected to provide the necessary capital to support these initiatives.


Current Investors

Gourmet Culinary Partners, LLC

Primary Industry

Food

Sub Industries

Bakery Products, Meat, Poultry & Seafood Products, Snack Foods, Food & Beverage Distribution

Website

www.kabobs.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Kabobs Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedKabobs Inc.-

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