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Offerings / Regulation CF / Grounded Earth Property Services LLC

Grounded Earth Property Services LLC

Regulation Crowdfunding offering on Honeycomb Credit · Form C filed March 5, 2026 · Minneapolis, Minnesota

DebtEarly revenueLimited Liability Company, MinnesotaConsumer productsLandscape and lawn care services

Grounded Earth Property Services LLC, a Minneapolis, Minnesota company, provides all-electric recurring lawn care, ecological garden bed maintenance and invasive plant management services to residential properties in the Twin Cities. The company was founded in 2022, reported revenue of approximately $189,418 in 2025, and is seeking $10,000 minimum to $25,000 maximum through subordinated secured notes.

Registry notesThe Notes carry a personal guaranty from Michael Faircloth and a blanket lien on company assets, but the Form C also describes a first lien in one section and the NPA contains a second lien reference, and total existing debt is $100,859.63. The filing shows 2024 net income of $67,833 against 2024 retained earnings of $42,069 and other equity of negative $72,171, and the financial statement figures include a reported 2025 Net Income of $24,176 with a "Net Cash from Operations" of $16,600, with inconsistent formatting in several cells.

Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.

Offering terms

Security
Debt
Maximum
$25,000.00
Price
$1.00 per unit
Pricing method
Pro-rated portion of the total principal
Deadline
April 9, 2026
Oversubscriptions
Accepted, first-come, first-served basis
Intermediary
Honeycomb Portal LLC
Funding portal, SEC file 007-00119
Intermediary fee
8.5% of the total offering amount upon a successful raise. Platform Fee corresponding to selected level of service. 3% investment fee capped at $50. Credit Card: 4.5%, capped at $1,000. Honeycomb Wallet: 0%; Hybrid (HW + ACH): 2%, capped at $30
Intermediary equity
None

Financials as filed

ItemMost recent FYPrior FY
Revenue$189,418$104,282
Cost of goods sold$90,413$5,755
Net income (loss)$24,176$67,833
Total assets$136,048$72,376
Cash and equivalents$7,836$5,245
Accounts receivable$0$0
Short-term debt$25,158$2,571
Long-term debt$55,203$32,074
Taxes paid$0$0

Two fiscal years as reported on the Form C cover sheet. 2 employees. Offered in 64 states.

Use of proceeds

Debt Optimization $10,000 (at target and maximum); Seasonal Working Capital Reserve $15,000 at maximum. Intermediary fee of $850 at target and $2,125 at maximum (8.5%), admin fee of $45 (UCC-1 filing $20 plus $25 processing), leaving net proceeds of $9,105 at target and $22,830 at maximum.

Valuation

The value of the Notes is determined by the face amount of the note payable; the terms were set by the owner based on the owner's opinion about the value of the project. Note price stated as 1.00000 per security.

Prior raises

Not stated

Financial statements

Financial information is certified by the principal executive officer (Michael Faircloth) rather than reviewed by an independent public accountant.