Marshall Grain Company

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. The business also offers pet food and supplies and provides personalized service to customers to create beautiful and healthy gardens. Marshall Grain Company has been a stable business since 1946 and generated over $2 million in revenue for the past two years. 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 to refinance high-interest debt.

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Investment Overview

Raised this Round: Raised: $29,165

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
11/12/2024
Close Date
12/30/2024
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.75%

Term Length

3.0 years

Company & Team

Company

Year Founded
2004
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Hurst, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
16
Prior Founder Exits?
No
Founder Name
James Connelley
Title
Owner

Financials

as of Fiscal Year 2023
 Revenue -37% YoY
$1,707,051
 Monthly Burn
Profitable
 Cash on Hand
$17,127
Gross Margin
41%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,707,051

$2,707,917

COGS

$1,000,476

$1,756,202

Tax

$0

$0

 

 

Net Income

$68,323

$-44,977

Summary Balance Sheet

FY 2023 FY 2022

Cash

$17,127

$19,476

Accounts Receivable

$480

$0

Total Assets

$491,874

$305,675

Short-Term Debt

$148,785

$101,492

Long-Term Debt

$365,547

$304,631

Total Liabilities

$514,332

$406,123

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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
12/30/2024 Honeycomb - $29,165 Debt Active RegCF
01/19/2024 Honeycomb - $24,000 Debt Funded RegCF
10/14/2023 Honeycomb - $100,000 Debt Funded RegCF
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Growth Charts

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 2024
Platform: Honeycomb
Security Type: Debt

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