Manor Park Construction
About this raise
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.
Investment Overview
Invested : $62,720
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 12/10/2021
- Close Date
- 02/11/2022
$25,000
$200,000
$100
Debt
RegCF
Company & Team
Company
- Year Founded
- 2019
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $689,665
- Monthly Burn
- Profitable
-
Cash on Hand
- $19,839
- Gross Margin
- 19%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/11/2022 | SMBX | - | $62,720 | Debt | Funded | RegCF |
