ErmaRose Winery

ErmaRose Winery

ErmaRose is an award-winning family-owned & operated winery.

ErmaRose is an award-winning family-owned & operated winery.

Overview

Raised to Date: Raised: $11,120

Total Commitments ($USD)

Platform

SMBX

Start Date

12/16/2021

Close Date

02/15/2022

Min. Goal
$75,000
Max. Goal
$350,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

02/14/2022

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$185

Momentum
Not Funded
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Year Founded

2018

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

AgriTech

Location

Katy, Texas

ErmaRose Winery is raising funds on SMBX. ErmaRose is a family-owned and operated winery. The winery focuses on making wines from a variety of fruits. The current signature flavors are Banana, Mango, Blueberry, Blackberry and Royal Dragonfly. Jennifer Prothow founded ErmaRose Winery in 2018. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $350,000. The campaign proceeds will be used for warehouse expansion, hiring full time staff for the tasting room, as well as an assistant winemaker and wine club manager.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$430,228

$109,597

COGS

$137,890

$28,881

Tax

$21,947

$5,266

 

 

Net Income

$20,991

$-9,550

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$27,045

$8,474

Accounts Receivable

$0

$0

Total Assets

$116,935

$95,839

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/16/2021
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ErmaRose Winery on SMBX
Platform: SMBX
Security Type: Debt

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