Manor Park Construction
Manor Park Construction remodels at reasonable prices
Overview
Raised: $62,720
Total Commitments ($USD)
Platform
SMBX
Start Date
12/10/2021
Close Date
02/11/2022
Min. Goal
$25,000
Max. Goal
$200,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/28/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$996
Momentum
Funded
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Year Founded
2019
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Manor Park Construction is raising funds on SMBX. The construction company is based in Washington, DC, and focuses on kitchen, bath, and basement remodeling. The company is a member of the National Kitchen and Bath Association and uses the latest technology to work on projects and communicate with partners and customers. Manor Park Construction was voted Next Door’s Favorite Local Contractor for two years in a row and plans to expand to cover more business opportunities. Reuben Pemberton III founded Manor Park Construction in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $200,000. The campaign proceeds will be used for working capital and purchasing vehicles that will serve as material hubs and small offices.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$689,665 |
$24,745 |
|
COGS |
$557,851 |
$12,684 |
|
Tax |
$1,200 |
$207 |
| ||
| ||
|
Net Income |
$106,139 |
$9,699 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$19,839 |
$1,385 |
|
Accounts Receivable |
$74,251 |
$0 |
|
Total Assets |
$94,090 |
$11,051 |
|
Short-Term Debt |
$1,413 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,413 |
$0 |
Financials as of: 12/10/2021
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