ErmaRose Winery
ErmaRose is an award-winning family-owned & operated winery.
Overview
Raised: $11,120
Total Commitments ($USD)
Platform
SMBX
Start Date
12/17/2021
Close Date
02/15/2022
Min. Goal
$75,000
Max. Goal
$350,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/15/2022
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: 12/17/2021
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