Taste Radio

$35K To $35 Million In 3.5 Years. This Is The Story Of Bachan’s.

Informações:

Synopsis

There are fast-growing brands, and then there is Bachan’s.  Launched in 2019, Bachan’s markets a line of soy-based condiments that it describes as “Japanese Barbecue Sauce.” Admired for their versatility, the products are commonly used for cooking barbecue and also as a marinade, finishing sauce and in stir-fry. Founder and CEO Justin Gill developed the brand based off of a family heirloom recipe and named it as an homage to his grandmother. Bachan’s fanatical consumer following has driven its ambitious retail strategy. Its four flavors – The Original, Hot and Spicy, Yuzu, and Gluten-Free – are available at over 11,000 stores across the U.S., including Costco, Whole Foods, Publix, Sprouts, Target, Kroger and The Fresh Market. Nationwide distribution has sparked surging revenue. Just three-and-a-half years after its debut, Bachan’s expects to generate $35 million in sales by the end of 2022. Investors have taken note: in September the company announced a $13 million Series A funding round led by private equity