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Paradise Kitchens, Inc.

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Paradise Kitchens, Inc.
Executive Summary
Paradise Kitchens, Inc. was started by co founders Randall F. Peters and Leah E. Peters to develop and market Howlin’ Coyote Chili. This is a unique line of single serve and microwavable Southwestern/Mexican style of frozen chili products. They started in Minneapolis-St. Paul market and expanded to Denver two years later and Phoenix two years after that.
Paradise Kitchens believes its high-quality; high-price strategy has proven successful. This marketing plan outlines how the Company will extend its geographic coverage from 3 markets by the year 2016. The mission of Paradise Kitchens is to market lines of high-quality Southwestern/Mexican food product at premium prices that satisfy consumers in the fast-growing food segment while providing challenging career opportunities for employees and above-average returns to stockholders. The goals are to expand their markets into supermarket chains, keep adding new products to keep things fresh, and to become one of the top 5 chili producers. Financially they want to have a growth of 8 percent a year per stock, have a return of at least 20 percent, and have a public stock offering. In terms of core competency, Paradise Kitchens seeks to achieve a unique ability to provide distinctive, high-quality ingredients. Also to deliver these products using effective manufacturing and distribution systems that shares the quality standards with the Company. The chili market represents over $500 million in annual sales. On average, consumers buy five to six servings annually, according to the NPD Group. The product fall primarily into two groups: canned chili (75%) and dry chili (25%). The one problem the company faces is that people do not like the taste of canned chili. The husband and wife team that cofounded Paradise Kitchens, Inc. Has 44 years of experience between them in the

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