Preheat oven to 225 degrees F and prepare a sheet pan with parchment paper
In a large bowl combine the chex, pretzels, popcorn, bugels, gold fish and peanuts; set aside
In a small saucepan combine the ranch seasoning, butter, light brown sugar and Worcestershire sauce. Warm on low heat until the butter is fully melted and the brown sugar is dissolved
Pour the butter sauce over the snack mix and gently stir until each piece is coated in the sauce
Pour the snack mix onto the prepared sheet pan and spread out evenly
Bake for 40-45 minutes, remove from the oven and allow the snack mix to cool completely
Store in an airtight container or package to be gifted (snack mix will stay good for 4-5 days when seeled)