Marshall Grain Company

Marshall Grain Company

Garden center and feed store

Garden center and feed store

Overview

Raised to Date: Raised: $24,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

12/20/2023

Close Date

01/19/2024

Min. Goal
$20,000
Max. Goal
$24,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$828

# of Investors

40

Momentum
Funded
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Year Founded

2004

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

Hurst, Texas

Marshall Grain Company is raising funds on Honeycomb. It is a garden center and feed store located in Grapevine, Texas. Marshall Grain Company is an organic garden center and offers a variety of products, including fertilizer, soil, plants, equipment, and pest control. Marshall Grain Company also offers pet food and supplies and provides personalized service to customers to create beautiful and healthy gardens. Jim Connelley founded Marshall Grain Company in September 2004. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $24,000. The campaign proceeds will be used for renovations to the property in Colleyville and inventory.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,707,917

$3,162,284

COGS

$1,756,202

$1,952,290

Tax

$0

$0

 

 

Net Income

$-44,977

$86,268

Summary Balance Sheet

FY 2022 FY 2021

Cash

$19,476

$24,643

Accounts Receivable

$0

$583

Total Assets

$305,675

$310,955

Short-Term Debt

$101,492

$25,793

Long-Term Debt

$304,631

$376,339

Total Liabilities

$406,123

$402,132

Financials as of: 12/20/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Marshall Grain Company 01/18/2024 Honeycomb - $24,000 Debt Funded RegCF
Marshall Grain Company 10/13/2023 Honeycomb - $100,000 Debt Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Marshall Grain Company on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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