# TBJ Gourmet

Saving the planet with bacon! 

## Elevator pitch
We take the delicious ends and pieces of sliced bacon and Upcycle them into sweet spreadable bacon jam. Along with other savory spreads and condiments we sell our bacon jams direct to consumers, to specialty store, conventional and natural grocery and also to food service aka restaruants.

- Canonical URL: https://wefunder.com/tbj.gourmet
- Entity ID: wefunder:company:34592
- Last updated: 2026-06-22T05:03:00Z
- Generated at: 2026-06-22T12:17:30Z

## Quick facts
- 🥓 100% annual revenue growth since last raise
- 🌎 Leading the Upcycled Food Revolution 🌎
- 📈 $2.5 million in revenue since last raise💰
- 🚛 National distribution with major Food Service, Grocery and Specialty partners.🛒
- $6M in total revenue. Bootstrapped AND profitable since inception.🤑

## Active fundraises
- wefunder:fundraise:52321: 4(a)(6) successful (USD)
- wefunder:fundraise:52322: 4(a)(6) successful (USD)
- wefunder:fundraise:24588: 4(a)(6) successful (USD)

## FAQ
1. **In the form C I could not find any information.Does the class of shares being offered have dividend rights?**
   - The class of shares being offered do have rights to distribution of profit. All members will receive K1’s reflecting those distributions.
2. **Hi, what are your financial projections for this year? What is your exit strategy?**
   - We are projecting $1.5m in revenue this year without any additional funding. We plan to continue building the brand and reach $10m in revenue while occupying shelf space in 75% of the market it more there y attracting the attention of a larger CPG company.
3. **Hi Michael -- a few questions below: General: - How do you measure penetration rate? Financials: - Can you please discuss the 2017-2018 inventory build? - Can you please provide detail on the 2018 LOC (e.g., do these constitute individuals' or related-party loans, terms on the...**
   - Paul, Thanks for the great questions. Penetration - There are 38,000 food stores viable for our lines and we are in 5,550. Financials Inventory Build was two fold. We expanded from 3 sku's to 14 sku's and expanded from primarily direct to B2B customer to a large portion of product going into distribution. 2018 LOC - is a standard bank LOC used for operating capital. 2018 S&M grew as we were in growth mode. The big pieces were 30% for product demos and 30% for trade shows. The trade show s...
4. **It’s noted that “Over the three months prior, revenues averaged $34,670/month”. The goal for 2019 revenue is $1.5 million. That would indicate a highly seasonal business. Can you provide revenue projections by month for 2019? Thank you.**
   - Your assumption is correct we experience much higher volumes in Q4 when our products double as gift items. Other spikes occur when we onboard new larger customers as we have to stock all their shelves right off the bat. Currently we are only up 13% over last year's YTD, but our projections are based on historic revenue plus new customers in our sales funnel. 2019 Revenue Projections: May $80k June $370k July $100k Aug $125k Sept $300k Oct $125k Nov $175k Dec $125k
5. **At what time of year do you share the equity and how much should i get if i invest 250 USD?**
   - The company shares equity by selling shares in this campaign. If you are looking for a profit share, that is a different type of WeFunder campaign which offers profit sharing in exchange for a loan. We are offering equity for sale which may have a profit distribution in the future depending on the amount of profit generated and that would typically occur during Q1. In the near term the real goal is to increase the value of the equity by growing the business as opposed to distributing profits.

## Team
- Michael Oraschewsky (Chief Executive Boar)
- Bruce J Kramer (President)
- Elaine Brown (VP of Sales)
- Jeffrey McCary (Co-founder)
- Alex Oraschewsky (Director of E-Commerce and Social Media)

## Recent posts
- Q1 2023 Update (2023-02-16T17:55:50Z)
- Tailgate Live with TBJ Gourmet (2022-10-28T19:32:08Z)
- Only 24 hours left to get in on the action! (2022-10-06T19:43:37Z)
- TBJ Gourmet Expanding with 'Chups Reminder: Only 4 Days left to Invest in this Round (2022-10-04T16:01:13Z)
- Good Morning America Spot Boosts Sales. (2022-09-28T01:19:18Z)
- Investor Webinar TBj Gourmet (2022-09-21T17:15:22Z)
- National TV Spot to Close this Round (2022-09-14T16:49:52Z)
- Raley's Tony's and Mushrooms (2022-09-10T02:33:52Z)
- Super Stater Bros (2022-09-07T17:51:12Z)
- Origin Story Part 1 (2022-07-11T20:53:49Z)
- Trade Show Season at an End (2022-06-21T14:35:05Z)
- Fancy Food Show (2022-06-11T03:03:22Z)
- Jewel of the Deli Department (2022-06-02T02:03:35Z)
- Nation Restaurant Show 2022 was awesome! (2022-05-27T18:35:03Z)
- Checking Out Some Equipment (2022-05-23T20:19:20Z)

## Q&A
- Q: Hi Guys, I see that there have been 197 investors in this offering so far. Does the company intend to continue to be treated as a pass through entity for tax purposes following this raise?
  - A: Hayden, That is a great question and for this year we will remain a pass-through and deal with issuing K1's. We do not anticipate any tax liability will accrue from the K1's we issue but understand this could be a problem in the future. Frankly, we will need to reevaluate this decision yearly as we do not want to be in a situation where our investors see a tax liability. We do recognize a change may be required in the future but the cost to become a C-corp is significant and we would need to determine that the expense is warranted before we make that move. For example, if a larger company would be interested in acquiring our brand then the expense of transitioning would not be worthwhile, so we will decide based on the best available data for growing the company.
- Q: Regarding the financial statements 2021 x 2020 could you briefly explain: (1) why net sales increased 2.9% and selling expenses increased 20.9%?, (2) why net sales increased 2.9% and general expenses increased 9.8%?, (3) why inventories increased from $48k in 2020 to $219k in 2021?, and (4) why accounts receivable increased from $89k to $251k?
  - A: Great questions Rodrigo. Most of these relate to the lock downs and their effects. Limited and canceled trade shows brought down our largest selling expenses, supply chain issues caused us produce larger quantities less frequently and the new cadence had us holding more at the end of 2021. Similarly Receivables seems to be a growth and cadence difference. I hope this answers your questions.
- Q: I like that you all are a profitable pass-through - do you all plan on remaining an LLC for tax purposes?
  - A: I do not see us changing from and llc before exit.
- Q: Intriguing opportunity; a couple questions before I take the plunge: (1) Seems like eventual sale to a larger brand was the intended exit strategy during your first raise on WeFunder. Is that still your goal? If it doesn't happen for whatever reason, will you likely issue dividends to shareholders after becoming successful enough to generate substantial earnings? (2) What competitive advantage will allow you to maintain an edge if another startup or an existing company decides to emulate your process? Are the connections with suppliers and the recipes for the jams special in some way?
  - A: 1 ) The intent is still to exit when we break $8-10M in revenue. If that does not happen we would certainly look to reward our investors for their support. I do not know the ins and outs but getting a K1 dispersement seems like the easiest way to do that. 2 )We have a few advantages one being our relationships and first to market status. Consumers associate bacon jam with TBJ Gourmet despite several copy cats. While recipes are not patentable processes are and we have a patent pending on a new process for some upcycled items not yet released. In the mean time we will be maintain our best in class status while providing the best value possible to keep ahead of competition from below. From above the goal is to get noticed and show value over an entrenched R&D and New Product Dev department.
- Q: Brilliant Concept, My wife and I are interested in investing in this company. Have concerns about your revenue projections also will like to have more information on your past year financials, interested in investing with significant amount. Thank you in advance for this information. Please like this comment as soon as you reply so it can notify on my dashboard.
  - A: Hello Donald Feel free to fire away with questions right here or email or call me. Mike@tbjgourmet.com 717.341.6889
- Q: Several new bacon jam products have been recently launched. Are there plans to create other new items in the near future?
  - A: Deron, This is a great question and it is one we have asked ourselves repeatedly over the years. Knock off bacon jams aside, we recognize that we can grow by selling new customers our bacon jams or by selling our current customers new products. We plan to do both. Next weekI will have some new product announcements including some exciting news about where one of them will be placed.
- Q: When will a 2019 annual report be released?
  - A: Hello Brad. We sent updates in Q1 of 2020 and will be sending out one this month.
- Q: Hi. I was hoping on receiving the investor discount code for the web store in time for christmas gift giving. Will you be doing so soon?
  - A: I apoligzie for not responding. Please email me directly mike@tbjgourmet.com
- Q: When will the web store for investors be active?
  - A: Jonathan, We will be updating investors about perks this week. You will receive an discount code for our current store.
- Q: how often can investors expect updates?
  - A: Jack, Unless there is major news, investors should expect quarterly updates.
- Q: Is it too late to invest?
  - A: It is too late to invest via WeFunder. I you are interested in investing you can email me at mike@TBJGourmet.com
- Q: If the below is correct, you’re saying that your share price is $33.33 per share?
  - A: Shares are $31.5, but we are not selling portions of shares, so $100 ($95) gets you 3 shares.
- Q: Are investors are allowed to visit the resturant?
  - A: We, TBJ Gourmet, do not have a restaurant. I sold my restaurant in 2016. It was a business separate from TBJ Gourmet. 
- Q: Michael, thanks for your response. Is it possible to review the equity documentation? I'd like to review before committing to understand anti-dilution, indemnification, tag/drag rights, etc. as a minority investor. Thanks!
  - A: Benji, Please scroll to the bottom of our WeFunder page and click Form C Filing. Document 3 is our offering Term Sheet, and document 11 is our Operating Agreement. I think between these two docs you should get the answers you seek without me muddying the waters. Please let me know if you encounter any difficulties or have any questions. Feel free to reach out directly and I will send you the docs if you prefer. mike@tbjgourmet.com
- Q: Hi, I have a vegan and gluten free condiment made from real fruits and vegs. Wondering if your company b interested to partner.
  - A: Sake, Feel free to email me and I will take a look. We are more than happy to sign an NDA if you like. mike@tbjgourmet.com