Each year, 97 billion plastic sandwich bags end up in landfills, waterways, and oceans from U.S. households alone. Laid end-to-end, they would circle our planet an astounding 430 times every single year! And those bags take an average of 50 years to break down, so the problem continues to compound.
Eco-Baggeez LLC produces patented green alternatives to plastic sandwich bags. We offer the consumer an alternative that is not only better for the planet, but it fits their current lifestyle. Our bags are made of sustainable paper that is biodegradable*, recyclable, compostable, and even microwavable! More importantly, they have a secure resealable flap that keeps food safely inside. And because they are resealable and microwavable, they help reduce food waste. Even better, our products are 100% sourced and made in the USA (Central New York) so we have the lowest carbon footprint of any of our head-to-head competitors. Eco-Baggeez has a strong social mission. We employ people facing mental and physical challenges as just one of the ways we give back to the community. Our projected growth includes expanding to a 3 tier revenue model. WBENC, MWBE, WOSB certified.
When we began production in June 2019, we experienced an 80% sell-through rate to green and organic grocery stores. When COVID hit, we pivoted the business and began selling online through eSellers, Amazon, and Walmart.com. We also donated 1/2 a million bags to school districts throughout New York State to help them provide food to those children most in need. We were able to survive and build relationships during that time. We became certified, as listed above, as well. We also became a New York State Preferred Source which positions us to be the single source for our type of product, for all New York State entities.
Currently, we purchase pre-made custom bags from a manufacturer in Illinois; ship the product to Oneida NY where we apply adhesive to the flap; package and ship from our Oneida facility. We are currently looking for funding to purchase a high-volume machine that:
- will allow us to build our bags from scratch - dropping the COGS to 1/3 - 1/2 the current COGS
- will allow us to offer additional sizes - increasing our ability meet projected revenues
- will allow us to control production based on demand - we are working on opportunities in regional and national grocery chains and need to be able to produce high volume to meet their needs
- will reduce shipping costs - the product will travel from Cazenovia, NY to Oneida, NY, where it will be warehoused and shipped to customers - extremely low carbon footprint
- will promote New York State business and employment - especially for those facing barriers to entry to employment
- will allow us to move away from our current machinery that is not built for even our current level of production and has grown very tired very quickly.
We will also use the funding:
- to build an internal, experienced administrative team
- to obtain sales and marketing personnel that can meet projected growth
Eco-Baggeez LLC is looking for funding from an individual or group who understands the value that has built this business to date, and that is looking to fund a business that is green-focused, with high growth potential in today's products industry. Because our business has sustainability at its core, our business is built for ESG.
If you find this interesting, please contact us. Together, we can make the world greener, one lunch at a time.
Thank you!
*biodegradable in commercial compost facilities where available.
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