Sauce company start up opinion
Hello everyone,
I am a start up wanting to sell chili oil , it's very niche, but I believe I have a banger product and have had positive reviews from friend's/colleagues and family. Here is the situation im running into and would like your suggestion (I will take it to heart and appreciate any advice)
I've contacted over 30+ co packers and only one has been able to cook the chili oil to our company's specification. The problem is the co packer requires us to purchase 20k units at a time with approx~2 years shelf life for the product.
I can take a massive loan to get it, but Im afraid I won't be able to sell 20k units before expiration.
How would you suggest I go about selling that many units in 1 and a half years? Or do you think the $80k-100k loan I need is too much and I'll be lucky to even sell half of the unit.