Bratton Construction
Building Construction
Overview
Raised: $271,040
Total Commitments ($USD)
Platform
SMBX
Start Date
10/27/2022
Close Date
01/06/2023
Min. Goal
$50,000
Max. Goal
$350,000
Min. Investment
$10
Security Type
Debt
Payment Schedule
Monthly
SEC Filing Type
RegCF
Interest Rate
9.00%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/31/2023
Days Remaining
Funded
% of Min. Goal
542%
% of Max. Goal
77%
Likelihood of Max
Funded
Avg. Daily Raise
$3,817
Momentum
Funded
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Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Bratton Construction is raising funds on SMBX. It is a building company that builds cities and communities, including residential and commercial buildings. The services offered by Bratton Construction include general contracting services, excavation, paving, concrete services, painting, plumbing, and HVAC services. The business has been a part of the Port of Seattle- Port Gen Cohort 2022 and has worked with notable projects, including Oregon ODOT, Salem State Hospital Health, and the student center at Portland Community College. Sharon Maxwell founded Bratton Construction in January 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $350,000. The campaign proceeds will be used for payroll, truck and trailer, equipment, and operations.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$628,528 |
$111,562 |
|
COGS |
$222,660 |
$32,359 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$269,619 |
$10,427 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$28,889 |
$25,162 |
|
Accounts Receivable |
$226,475 |
$-12,510 |
|
Total Assets |
$278,812 |
$16,283 |
|
Short-Term Debt |
$27,650 |
$7,917 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$27,650 |
$7,917 |
Financials as of: 10/27/2022
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