Flora Grubb Gardens
About this raise
Flora Grubb Gardens is raising funds on SMBX. The business sells unique plants and garden furnishings. It creates an exquisite environment to inspire plant-lovers with climate-appropriate plants and sells plants originating at its own farms in San Diego County. Flora Grubb Gardens also offers expert guidance in navigating through its selection of plants and sells wholesale plants to designers, landscapers, and retailers. Saul Nadler and Flora Grubb founded Flora Grubb Gardens in January 2003. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for site improvements, hiring, and marketing for the second location.
Investment Overview
Invested : $611,000
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 07/28/2022
- Close Date
- 10/20/2022
$100,000
$500,000
$10
Debt
Monthly
RegCF
7.50%
7.0 years
Company & Team
Company
- Year Founded
- 2003
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +20% YoY
- $8,245,024
- Monthly Burn
- $6,783
-
Cash on Hand
- $104,681
- Gross Margin
- 64%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/20/2022 | SMBX | - | $611,000 | Debt | Funded | RegCF |