Business Products & Services Company

My FoodBids

8%

Funding Goal $650,000
Funding Raised So Far $0
Funding Commitments $50,000
Funding Remaining $600,000
Funding Type Convertible Debt
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


Think Ebay for foods. My FoodBids is the first independent online auction-style marketplace for food manufacturers, distributors, and wholesalers to sell or donate their surplus inventory quickly and efficiently.

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Business Summary


Company Age 6 years, 1 month
Employees 3
Sub-Industry e-Marketplace
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Products/Services


Surplus Food Sales

My FoodBids is the most logical solution to sell and buy wholesale surplus and avoid the food industry’s chaos. It is a marketplace for sellers to instantly list their surplus and other inventory. There is no cost to buyers and sellers pay a standard 10% commission on a successful sale. The actual contract for sale is directly between the seller and buyer.

Now, instead of sellers receiving low-ball offers or dumping their surplus, My FoodBids marketplace is structured for sellers to get a higher sale prices and faster sales than selling it themselves. My FoodBids auction-style marketplace, is designed to encourage higher bid prices, through open bidding and without any pricing caps.  

My FoodBids auction marketplace also keeps sellers “surplus” listings anonymous, protecting their normal sales channels. And, it also offers buyers a safe way to purchase these “opportunities” with various payment options and escrow services.

Surplus Donations

One of My FoodBids missions is to be socially responsible to help food waste and food hunger. Some food surplus items have little or no monetary value, can’t be sold for a number of reasons or is donated for tax benefits. Rather than dump these food items, The marketplace will make it easy for any company to donate their surplus by listing it on My FoodBids.

My FoodBids marketplace will have a dedicated section for “Food-Waste Donations" to help food banks and organizations such as Feeding America. Companies who are looking to donate their food surplus will be able to list their food items easily. This will also encourage companies that normally dump their waste, to instead donate it. Organizations who are looking for food donations can see available inventory and with “one-click”, accept the food donation.

Some non-profit organizations who receive donated foods, sells the items, to convert it to cash. Using My FoodBids will make it easy and fast for them.

Management


David Bawarsky
President
David Bawarsky

David has over 15 years in wholesale food manufacturing and food distribution. David also has over 35 years in business and technology development. He has been an entrepreneur his entire life, building and managing technology-related companies. David has extensive background in Internet development, and advertising and marketing. Many of his past companies have received numerous awards and recognitions. David has previously been CEO of a publicly-traded, technology company for over 5 years. He is also an author and current contributing blogger for Digital Signage Connection, a leading digital signage trade-publication.

Barbara Zicherman
Executive Vice President
Barbara Zicherman

Barbara has extensive background in surplus foods brokering and trading. She has been the President of her own food surplus brokerage/trading company since 2009. She has extensive background working with sellers and buyers of all types of fresh, frozen and canned surplus foods. Barbara was previously a Vice President of a division of a publicly-traded company for many years with extensive background in businesses development and management.

Bret Roth
Director
Bret Roth

Brett is an attorney with Fowler White Burnett in Fort Lauderdale, Florida. Brett focuses his practice on insurance coverage disputes, and commercial litigation. Brett earned his Juris Doctor degree from the University of Florida Levin College of Law , where he graduated Cum Laude, and obtained his Bachelor of Arts degree, Cum Laude in Political Science from University of Florida, where he minored in Communication and Environmental Studies.

8%

Funding Goal $650,000
Funding Raised So Far $0
Funding Commitments $50,000
Funding Remaining $600,000
Funding Type Convertible Debt
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


My FoodBids

Fort Lauderdale, FL 33301, US

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