Michael Peter Email & Phone Number

Florida, United States

Miami/Fort Lauderdale Area

Acquired in 2019. Achieved nationwide distribution through Sysco, statewide distribution (Florida) through Whole Foods, and Florida regional distribution through Publix (~400 stores). Updated all branding, reformulated all flavors through focus groups, significantly reduced manufacturing costs through reworking production and packaging. Obtained alcohol manufacturing licenses, developed line of hard kombucha, and signed distribution. Developed all accounting and production… Show more Acquired in 2019. Achieved nationwide distribution through Sysco, statewide distribution (Florida) through Whole Foods, and Florida regional distribution through Publix (~400 stores). Updated all branding, reformulated all flavors through focus groups, significantly reduced manufacturing costs through reworking production and packaging. Obtained alcohol manufacturing licenses, developed line of hard kombucha, and signed distribution. Developed all accounting and production policies/procedures, including food-safety/organics, a multiyear financial statement reconciliation, and multiple previous years of tax returns. Developed new 50+ sku line of business for amazon/e-commerce kombucha supply, including tea blends, flavoring blends, and more, with 30+% monthly growth in year one. Overcame significant code enforcement issues from previous ownership, obtained complex zoning change of the premises from manufacturing to retail operations, contracted major renovations for retail buildout, and obtained a new certificate of occupancy for both brewing and retail (taproom) operations. Show less

Acquired in 2017 as a 20 year old Hydroponic farm on 8 acres, with 43 greenhouses, servicing Publix grocery stores and produce distributors in South Florida, with the intention to build a brewery on site. Two products upon acquisition (Hydroponic Arugula and Hydroponic Basil); business was unprofitable.Doubled yields on Hydroponic Basil by increasing planting densities and implementing new planting methods/varieties. Increased yields on arugula by decreasing planting densities and… Show more Acquired in 2017 as a 20 year old Hydroponic farm on 8 acres, with 43 greenhouses, servicing Publix grocery stores and produce distributors in South Florida, with the intention to build a brewery on site. Two products upon acquisition (Hydroponic Arugula and Hydroponic Basil); business was unprofitable.Doubled yields on Hydroponic Basil by increasing planting densities and implementing new planting methods/varieties. Increased yields on arugula by decreasing planting densities and implementing new nutrition/chemical programs. Rebuilt farm after Hurricane Irma: all saleable product and roofs lost, major structural/infrastructure damage, etc. During this time, completely reorganized property to create a one-section, one-crop organizational methodology to hone plant nutrition and increase production efficiency. Diversified wholesale product portfolio from nearly 100% arugula to ~40% basil, ~30% mint, ~30% arugula. Additionally, diversified business from being heavily dependent on one customer by adding several large new distributors and placing basil and mint with previously sporadic existing customers. Increased year over year revenue 46% (April 2017/April 2018) and made profitable. Provided raises in excess of 10%, yet reduced total payroll spend (via efficiency increases). Exited April 2018. Show less

Houston, Texas Area

Novelty & E-Cigs: Retail Stores & Wholesale Import. I opened my first store in April of 2013 and opened 2 additional stores within 12 months of first location. Grew revenue to ~$100M/month @ 18 months of inception @ ~17% net profit margins. Sold the retail stores in June of 2015 to pursue wholesale business, at which point we mostly imported/brokered containerloads of e-cigs and adult novelties for distribution within the US.

Houston, Texas Area

Premier on Woodfair:Oversaw redevelopment of Premier on Woodfair (a 408-unit Tax Credit + CDBG funded rehab project). Held responsibility for a $16.9MM hard cost construction budget and total project budget of $24MM.Developed relationships with City/State funding agencies, lawyers, etc. as Owner’s Rep. Processed all draws, disbursed all project funds, maintained all project records, and created/submitted all program regulatory filings.Harbor Oaks Apartments (formerly The Oaks… Show more Premier on Woodfair:Oversaw redevelopment of Premier on Woodfair (a 408-unit Tax Credit + CDBG funded rehab project). Held responsibility for a $16.9MM hard cost construction budget and total project budget of $24MM.Developed relationships with City/State funding agencies, lawyers, etc. as Owner’s Rep. Processed all draws, disbursed all project funds, maintained all project records, and created/submitted all program regulatory filings.Harbor Oaks Apartments (formerly The Oaks of Texas City): Identified target and oversaw acquisition/re-development of Harbor Oaks Apartments from a condemned, unlisted asset in receivership (132 unit, note sale) -- through to Certificates of Occupancy. Negotiated a $300M discount on the original contract for electrical issues uncovered during due diligence, oversaw note foreclosure, and received an offer for double closing price less than sixty days later. Contracted all construction (approximately $1.2MM) on The Oaks, including building a crew of more than 15, completing all permitting, and overseeing subcontractors. Worked with City & Power Co. officials to bring property out of condemnation. Managed lease-up to 97% occupancy. Show less

Distributed WHO approved rapid HIV and blood screening tests online for home-testing. Reached profitability month 1. Hired and managed a remote team of software developers, administrative support, and US-licensed Filipino nurses for 24 hour customer service.

Worked directly with owner and honed skills in non-traditional deal structuring and negotiation strategy. MBI is an investment firm with 15+ entities, 800+ low-income properties, a $20MM commercial loan portfolio, and significant holdings in banking and other financial (hard money) institutions. Participated in all financial aspects of business from accounting, financial analysis, systems design and implementation, deal negotiating and structuring, through final deal closing and disposition… Show more Worked directly with owner and honed skills in non-traditional deal structuring and negotiation strategy. MBI is an investment firm with 15+ entities, 800+ low-income properties, a $20MM commercial loan portfolio, and significant holdings in banking and other financial (hard money) institutions. Participated in all financial aspects of business from accounting, financial analysis, systems design and implementation, deal negotiating and structuring, through final deal closing and disposition (due diligence, legal mediation, etc.). Closed $5MM firm revolving line of credit for a mortgage-warehousing arrangement. Ran point on nearly $2MM of land deals closed at the end of 2007. Closed complicated, non-traditional acquisition financing structure for $1.2MM, and revolving construction loan for $500M. Negotiated restructuring, recapitalization, or repayment plans for distressed or disputed investments. Developed (with programmers) custom reports and custom reconciliations -- and developed processes to automate the distribution of information between the loan software and general ledger. Show less

Houston, Texas, United States

Developed Amazon-Locker type system for laundry and dry-cleaning, for large residential and office properties.

Austin, Texas Area

Implemented new brokerage-specific accounting and CRM software suite (from the owner’s single accounting spreadsheet and a shoe box) that is still in use today. Developed all accounting systems and policies from scratch, allowing for tracking of agent performance, targeted marketing/advertising efforts, and budgeting. Created and maintained all accounting and controls related to the exclusive marketing of a ~220 unit, $80MM midrise development on Town Lake (developed by Fairfield… Show more Implemented new brokerage-specific accounting and CRM software suite (from the owner’s single accounting spreadsheet and a shoe box) that is still in use today. Developed all accounting systems and policies from scratch, allowing for tracking of agent performance, targeted marketing/advertising efforts, and budgeting. Created and maintained all accounting and controls related to the exclusive marketing of a ~220 unit, $80MM midrise development on Town Lake (developed by Fairfield Residential), including tracking and payout of ~$4MM in multi-tiered commissions. Continued sales and leasing activity during Controller position. Show less

Realtor, leasing agent, single family home and condo sales.

Ppa, Accounting

Masters And Bachelors, Accounting