Marshall Grain Company
Garden supplies store
Overview
Raised: $12,850
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/15/2023
Close Date
10/16/2023
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
11.00%
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/30/2023
Days Remaining
16
% of Min. Goal
26%
% of Max. Goal
13%
Likelihood of Max
Avg. Daily Raise
$857
# of Investors
19
Momentum
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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 personalised 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 $50,000 and a maximum target of $100,000. The campaign proceeds will be used for renovations to the property 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: 09/15/2023
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