Pancho’s Mexican Foods, Inc.

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Pancho’s Mexican Foods, Inc. - overview

Established

1956

Location

Memphis, TN, US

Primary Industry

Food

About

Pancho’s Mexican Foods, Inc. is a food manufacturing company that specializes in high-quality cheese dips, providing consumers with delicious queso options for various occasions. Founded in 1956 and headquartered in Memphis, US, Pancho’s Mexican Foods, Inc. produces a range of queso products.


The company has undergone a strategic acquisition by Sabrosura, LLC in November 2021, aimed at enhancing nationwide distribution. No information about subsidiaries or prior mergers was mentioned. The founder's specific history is not provided. Pancho's Cheese Dip specializes in producing high-quality queso using a proprietary recipe, offering three flavors: Original, White, and Chipotle Queso.


Their products, crafted from real cheese and blended with spices, cater to diverse customer segments including retail consumers and food service establishments, enhancing social gatherings and casual dining experiences. Pancho's Cheese Dip generates revenue primarily through direct sales to retail grocery chains, food service businesses, and online platforms. The company collaborates with wholesalers to distribute their queso products, focusing on bulk orders for retailers. Their pricing strategy accommodates both individual consumers and larger clients, supporting repeat purchases of their flagship offerings.


Following the acquisition by Sabrosura, LLC in November 2021, Pancho’s Mexican Foods, Inc. aims to accelerate its expansion across the mass, club, and grocery sectors nationwide. The company is expected to leverage recent funding to support this growth strategy and introduce new products, further solidifying its market presence.


Current Investors

Sabrosura, LLC

Primary Industry

Food

Sub Industries

Other Food Products, Restaurants & Nightlife

Website

www.panchoscheesedip.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Pancho’s Mexican Foods, 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-onCompletedPancho’s Mexican Foods, Inc.-

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