Licorice meets the gourmet market
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Mark Humphrey
Rande and Curtis Colburn of Glendale hope that one day patrons will
walk into their local Starbucks, and along with the fresh biscotti
and the scones of various flavors will be licorice.
The brothers, recent graduates of Union College in Lincoln, Neb.,
moved to Glendale last year and started the Licorice Exchange, an
Internet-based company that sells gourmet licorice.
Both majored in business administration with an emphasis in small
business management, which goes a long way toward aiding their
start-up company.
“After we graduated from school, my brother and I wanted to go
into business and I told him to do some research,” Rande Colburn
said. “When he came back with the licorice idea, my first reaction
was, ‘Are you crazy?’ But it has really worked out so far.”
The Licorice Exchange does not, however, focus on traditional
black and red licorice -- though there is an option to buy it on the
company’s website.
Instead, the company has gourmet licorice from all over the world
purchased from importers.
Among the countries that the company gets licorice from are
Germany, Australia and Finland.
“The licorice from the different countries taste different because
of their varying origins and ingredients,” Curtis Colburn said. “For
instance, most of the licorice from Holland tastes salty, while
licorice from other countries may be soft, chewy or almost like hard
candy in texture.”
The Licorice Exchange and its website have been up and running for
about six months now and, according to the brothers, the hardest part
of starting their small business has been gaining exposure.
They have been passing out free samples and fliers all over
Glendale, particularly in coffee shops like Java Time, at the corner
of Glendale Avenue and Doran Street and next week plan on passing out
more samples at the Third Street Promenade in Santa Monica.
One of the main goals of the Licorice Exchange and its founders is
to eventually form partnerships with coffee shops and chains in the
area.
“When I was in college, I used to eat licorice with coffee and
found out that the two go really well together,” Colburn said. “Then,
after reading articles saying the same thing, I thought we had a
chance to take advantage of something new and unique.”
However, the company will not be taking this step until it creates
more professional and specialized packaging for its products.
The brothers are brainstorming with people in the marketing field
to package and create product lines, perhaps separating lines of
licorice by their countries of origin.
It’s risky, but rewarding.
“Sometimes you need to go into something small but has a lot of
growth potential,” Colburn said. “And we’re small enough at this
point that we’re still able to send personal thank-you notes to each
and every customer.”
In the meantime, the brothers hope to one day secure a storefront
and move beyond the Internet and perhaps expand to markets like San
Diego and Seattle.
Reaction to the Licorice Exchange has been positive thus far, with
sales increasing every month and customers voicing satisfaction with
the company’s unique offerings.
“We have customers from other countries who are grateful that
we’re able to provide them with licorice they may have eaten as
children in their native countries that they can’t find anywhere else
in America,” Rande said. “We feel that it’s important for us to
provide that nostalgic avenue.”
More information can be found at Licorice Exchange’s website at
https://www.licorce exchange.com.