ErmaRose Winery

ErmaRose Winery

Closed: Feb. 2022

About this raise

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.

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Investment Overview

Not Funded: $11,120

Deal Terms

Total Commitments

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    Open SEC Filing

Company & Team

Company

Year Founded
2018
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
AgriTech
Location
Katy, Texas
Company Website
Visit Website

Team

Employees
20

Financials

 Revenue
$0
 Cash on Hand
$27,045
Gross Margin
68%

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/15/2022 SMBX - $11,120 Debt Not Funded RegCF
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ErmaRose Winery on SMBX
Platform: SMBX
Security Type: Debt

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Warning: according to the close date for this deal, ErmaRose Winery may no longer be accepting investments.

ErmaRose Winery Deal Report

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