Phil Bowers and the Sustainable Alamance crew return to the former Red Oak Brew Pub restaurant in Greensboro today. CSM has hired them to disassemble the kitchen equipment and cafe furnishings. The restaurant equipment will be stored at a warehouse in Burlington until the renovation work is completed on the Company Shops Market building. We hope to use the commercial kitchen equipment and restaurant furnishings at the co-op when we open this winter.
Sustainable Alamance disassembles restaurant fixtures at former Red Oak Brew Pub for use at Company Shops Market Co-op in Burlington NC
Boardmember Eric Henry says: “This a game changer for our community and will push us over the finish line to get our co-op grocery store opened, but this still does not diminish the need for more owners and investors in order to reduce the amount we need to borrow from the bank. Thanks for everyone’s support!”
Nate Perry, CSM’s Marketing & Communications Co-Manager says: “The hard work and focus of many has paid off! Congrats B-town and CSM!!!”
Preferred Shares Now Available
Friday, May 7th, 2010The Time Is Now: Buy your preferred shares today
Are you ready for the grand opening of Company Shops Market? We are so close. Construction can begin just as soon as we sell $300,000 in preferred shares. With a little help from you, we can be open for business this year.
Invest in three simple steps:
It’s that simple…. *For more information, visit our Become An Investor page
Company Shops Market Board Member Eric Henry
Boardmember Eric Henry says: “The paperwork is complete to buy preferred shares. We need to raise the final $300K to start the construction and open the store. If all of us, 1600 owners, bought the minimum $200 share we will have raised the funds. The time is now and we need your help. Let’s reconnect to our local agriculture!”
“Any of my North Carolina friends not join Company Shops Co-op yet? We have over 1,600 owners. We need your help to raise the final $300k and get the store open by this winter. Go to www.CompanyShopsMarket.coop/invest to get a preferred share subscription packet, invest as low as $200. Still got questions on why we need a co-op grocery store in downtown Burlington, give me a call, love to talk more. Thanks!”
Sharon Dent, Board President of Company Shops Market
Board president Sharon Dent says: “The investment documents for Preferred Shares are ready! Time for you to purchase your preferred shares now so that we can close on the loan and start construction!”
“We all want to see the market opened by the end of the year — and the Board would like to sign the commitment letter with Fidelity Bank for the $1.1 million loan in the next couple of weeks so that we can get started with the construction process.”
“In order to be prudent with investors’ money, the Board will only pull that trigger to start the process when we feel comfortable the $300,000 remaining in our $2.3 million project can be raised. “
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