Ollybars natural whole food energy bars are designed to satisfy the sweet spot between healthy snacks & sports nutrition. From home kitchen start-up to national distribution in 5 years with exports to the EU and beyond. Raising funds to hire a sales team, outsource production and market the product.
"I wanted to make the best tasting vegan, gluten-free energy bars out there. 80% whole fruit, nuts and seeds. Pure nutrition, wrapped in bio-compostable sleeves to help the environment". Olly, Founder.
Ollybars are dehydrated to retain the original nutrition in every bar. Sweetened with fruit, high in fibre, packed with vegan proteins and healthy fats for a low glycaemic index, extended energy burn and quick recovery. No extruded pastes, emulsifiers, powders or funny business. Just natural flavours and loads of texture.
Since 2015, Ollybars has doubled sales supplying 300 UK stores like Wholefoods, As Nature Intended & Sourced Market, is now listed in 6 national wholesalers with a potential distribution network of 6,000+ UK outlets and exports to Germany, Denmark, Switzerland & Belgium.
Demand now outstrips production at Olly's Bakery, so Olly has put in place 2 out-source production partnerships, one in the UK and one in the EU to support sales growth up to £3.9m by 2022.
The global healthy snacks market is forecast to reach $33bn by 2025 (+5% annual growth) and the global sports nutrition market is forecast to be worth $45bn by 2022 (+8% annual growth).
Olly now wants to expand the range, accelerate distribution, activate marketing campaigns & become a nationally recognised brand that can build on its global sales opportunities.
The company has loans. 17/18 EBITDA was -£74,308