|1||Founded by TV/Film actor Louis Lombardi known for Sopranos, 24, & Entourage|
|2||Louis's network in the entertainment industry brings tremendous value & exposure to Lombardi's Foods|
|3||Lombardi Foods is inspired by four generations of recipes from his Italian family heritage.|
|4||Planned promotion includes a bus tour that brings Louie and his kitchen to YOUR community.|
|5||The company already has interest from big box retailers and national food distributors.|
|6||A Percentage of all proceeds will go to charities that help keep families together.|
Lombardi's Foods Information Deck:
Lombardi's Foods is now planning to offer high quality frozen pizza!
Lombardi's Foods Corporate Business Plan:
Lombardi's Foods, Inc. business model is structured to generate high margins and strong cash flow within a short period of time from launching the company. Louis Lombardi plans to be hands-on in building his brand by cultivating retail brand awareness. In the first year, he plans to be at all grocery chain and distributor appointments, including but not limited Whole Foods (National), National Grocery Chains, etc., promoting and selling his brand, creating excitement, and building a buzz around Lombardi’s Foods. Louis also intends also to be on QVC, marketing, advertising, and branding Lombardi’s Foods. This offers Lombardi’s Foods national attention through QVC's exposure of 98 Million Homes and allows us to build out nationally with select grocery chains across the US.
Louis will commit himself to sample and demoing Lombardi’s Foods in the Top 10% of all revenue volume retail stores in California in the first year, demoing and sampling Louis in all the big box stores. We believe with Louis Lombardi’s presence and salesmanship, we plan to attain statewide approval from big box stores (Northern and Southern California) and National approval from Whole Foods. He will be an instant draw to the stores centered on Lombardi’s Foods. There hasn’t been another celebrity with his status promoting a brand based at the retail level of any major grocery chain. Louis Lombardi will be considered a pioneer with the “A” list celebrities in this endeavor.
The company is seeking a seed capital round of $1,00,000 to fund the initial build out of Lombardi’s Foods into. Our objective is to work directly with both grocery chains, and have a distributor available to support our brands if needed.
Our aim is to achieve best practice in controlling all the risks associated with introducing Lombardi’s Foods and Frozen Pizza. We want to ensure success before raising additional financing (up to 10 million) and build out into select chains where we know we can gain brand exposure and take advantage of Louis Lombardi’s availability.
After we prove our success in the first year, we may immediately seek $2,000,000 - $10,000,000 in a Regulation A+ financing to fund the expansion into multiple grocery chains and specialty stores around the world. The ultimate financial goal of Lombardi's Foods is to either become acquired or to go public using methods such as an IPO.
QVC may be interested in featuring Lombardi's Foods with Louis as the host. QVC’s business, a network that reaches 98 million U.S. households and attracts six million unique monthly visitors online, brought in $8.3 billion in revenues last year. QVC offers many well-known brands and makes life easy for the consumer to shop right from their home. QVC is committed to featuring Lombardi’s Foods on its network of channels, promoting and selling our brand of products including frozen pizza promotion. This will give us national recognition and exposure, and as consumers shop in Whole Foods Market, Major Grocery Chains, and big box stores, consumers will recognize Lombardi’s Foods as a premium brand on the shelf and in the freezer.
In the first year, we will also target all Major Grocery Chains in California and Whole Foods Market nationally. Louis Lombardi will attend all corporate meetings to present, market, and sell in Lombardi’s Foods. Louis will be the focal point, presenting his commitment to demoing and sampling Lombardi’s Foods in all top 10% of these two selected grocers’ revenue stores in California. This will create excitement and buzz around his foods and increase traffic flow in these retailers with his presence. This has never been demonstrated before, highly recognized celebrity sampling products, selling and conversing with consumers at the retail store level. We feel Major Grocery Chains and Whole Foods Market will be excited about the opportunity to work with us directly and be a part of the launch and success of Lombardi’s Foods. We may be using UNFI as our primary distributor for delivering and servicing our brand with retailers throughout the country. Once we prove our concept we will start building out on the West Coast.
In the second year, we will launch with multiple retail grocery chains, mass merchants, and natural grocery chain stores on the West Coast. We will have a strong cash flow and start hiring dynamic personnel that can support and build our brands. We know our foundation depends on the people that represent Lombardi’s Foods, Inc., and we want the best in class in every facet of our business. Although we will have started limited PR and advertising Year 1, we will launch our full PR, advertising, and marketing campaigns to support our brand. We have relationships with multiple distributors who can support our brands on the West Coast.
In the third year, we will start launching our brand and products throughout the country. We will have proven Lombardi’s Italian Specialties brand clout, and launch with every major grocery retailer, mass merchant, and wholesale club stores. We feel Lombardi’s Foods brings excitement, a new brand enthusiasm not experienced in the categories of pasta, sauce, and olive oil. Louis Lombardi plans to be in several media outlets in the next three years, from television Shows like Mob City, daytime and nighttime talk shows, radio, guest appearances, to his own reality show.
Louis Lombardi currently has a TV Series on Amazon Prime, "Gravesend". In addition, Louis is in talks with MGM over a new TV Series he will Executive Produce and star in. Louis intends you to use his continued success as an actor to help promote and create awareness for the Lombardi's Foods brand.
Lombardi’s Foods will also be committed to partnering with a number of nonprofits, such as Helping Hands For Single Moms, Warrick Dunn Charities as well as Youth Mentoring Connection. Louis will talk to children and families about putting down their devices and connecting over meals.
The ultimate goal for Louis Lombardi with Lombardi's Foods, Inc. is to become a household name recognized for high-quality foods and Frozen pizzas with his message to bring families back to the table together!
Lombardi's Foods, Inc. has financial statements ending July 31 2020. Our cash in hand is $25, as of July 2020. Over the three months prior, revenues averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $0/month.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.
We make authentic, high-quality Italian foods with a message for the whole family to connect over meals.
We would like to be a well known, family-brand name in most grocery stores with a plan to be acquired or go public one day.
Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.
Lombardi's Foods was incorporated in the State of Wyoming in July 2020.
Since then, we have:
Historical Results of Operations
Our company was organized in July 2020 and has limited operations upon which prospective investors may base an evaluation of its performance.
Liquidity & Capital Resources
After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 6 months before we need to raise further capital.
We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.
We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 3 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.
Runway & Short/Mid Term Expenses
Lombardi's Foods cash in hand is $25, as of July 2020. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $0/month, for an average burn rate of $0 per month. Our intent is to be profitable in 10 months.
This is a start-up with no past operating history. The company was formed 7-25-20 and after opening a bank account, the company began the WeFunder campaign. The company has established business relations through Louis Lombardi that will allow for rapid expansion and sales due to previous sales indicators of interest from major retailers.
The company believes within 6 months it can be generating $50,000 a month in gross revenue with a 30% profit margin. Also, the company believes it can reach a revenue-generating point with a minimum of $125,000 in raised capital raised from this offering. If the company raises less than $125,000 in this offering, supplemental funds will be solicited through accredited investors in the founder's network.
The Company may not be able to create the products or produce the inventory is estimated it will need to launch the business with Seed Capital to prove its business concept.
The Company may not be able to create the products or produce the inventory necessary to prove its business concept and in turn to make its Series A offering. In such a case, the expected conversion of the Investors’ debt into equity security would not take place and the anticipated benefit of equity ownership would not occur.
Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.
The Company is recently formed and has not operated history and no revenues.
The Company was only recently formed and has no operating history and has generated no revenues. There is no assurance that the Company can generate revenues or sell any of its products in the marketplace, and even if revenues are generated there is no assurance that the Company can earn a profit, in which case the Investors’ notes may not be repaid
The Company may not raise sufficient funds to close the Series A offering and the investor may not be able to convert its debt to equity.
The Company may not raise funds sufficient to close the Series A Round. If sufficient funds are not raised to close the Series A Round, the Investors’ only recourse may be to secure the repayment of the principal and interest of their loans from the Company.
Estimated expenses may exceed the projected Seed Capital needs.
The Company has estimated the cost of certain expenses required to fund its seed capital needs which will allow it to conduct its Series A offering. If expenses exceed those projected, the Series A offering may be delayed or canceled which would negatively impact the conversion of the Investors’ notes into equity.
The Company is thinly capitalized and may default on the Convertible Notes.
The Company’s working capital will consist of the funds secured from the sale of the Convertible Notes. If expenses and anticipated uses of these funds exceed those anticipated by the Company there may be insufficient funds to pay back the investors’ loans.
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