Flora Grubb Gardens on SMBX 2022

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Analytics

Reporting Date

07/28/2022

Likelihood of Max

Momentum

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Location

San Francisco, California

Industry

Consumer Products, Goods & Services

Flora Grubb Gardens is raising funds on SMBX. The business sells unique plants and garden furnishings. It creates an exquisite environment to inspire plant-lovers with climate-appropriate plants and sells plants originating at its own farms in San Diego County. Flora Grubb Gardens also offers expert guidance in navigating through its selection of plants and sells wholesale plants to designers, landscapers, and retailers. Saul Nadler and Flora Grubb founded Flora Grubb Gardens in January 2003. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for site improvements, hiring, and marketing for the second location.

Summary Profit and Loss Statement

Revenue

$8,245,024

$6,881,101

COGS

$2,985,929

$789,316

Tax

$0

$0

 

 

Net Income

$-81,394

$2,085,309

Summary Balance Sheet

Cash

$104,681

$105,062

Accounts Receivable

$133,310

$88,074

Total Assets

$6,107,562

$5,692,888

Short-Term Debt

$3,632,101

$3,055,282

Long-Term Debt

$205,988

$286,739

Total Liabilities

$3,838,089

$3,342,021

Financials as of: 07/28/2022

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