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Kendall Antonelli

๐Ÿ‘ค Speaker
412 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

Yes, and we have to compete with bigger distributors around us who aren't necessarily selling the same quality of cheese that we are or taking care of it.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

In some cases, they are.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

But we have to be competitive with that and really give a chef, though, a why to come to us, which, again, is a really high-service model.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

We cut down.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

So if a coffee shop wants to only buy three pounds of cheese a week, we don't make them buy a whole wheel, which traditional distributors do.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

We will cut down.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

But here's what our wholesale program has done for us.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

It's given us buying power.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

So whereas we used to have to buy cheese from traditional networks that were already coming to Austin, we now, because we have all of our wholesale clients, can go direct to the producer in many cases.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

We can buy pallets of cheese at a time.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

And then cheese is perishable good, which is really difficult.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

So we have to move it as quickly as possible.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

It depends on the cheese.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

Anywhere from on a fresh cheese as a week to a bloomy rind cheese like brie and camembert that has that thin white skin, a couple weeks to maybe a month on it, depending on it.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

And then an aged cheese like a cheddar, you know, it can be a one-year-old cheddar, a five-year-old cheddar, a ten-year-old cheddar.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

But unless you're storing it in the proper conditions, which is affinage, so it has great air control and humidity, you're not doing that cheese any good.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

You're killing it while you keep it.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

So our goal is really to get product and turn it around as quickly as possible.

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

Do you know?

SaaS Interviews with CEOs, Startups, Founders
EP 366: Her Cheese Shop Does $1m+ Annually, EBITDA Low, Why?

Zero.