Download - Existing Regional Food Cooperatives
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Existing Regional Food Cooperatives
Locally Sown Community Grown
Maple City Market Goshen
Three Rivers Food Co-op Grocery Ft. Wayne
River City Food Co-opEvansville
Clear Creek Food Co-op RichmondBlooming Foods [3x]
Bloomington
Common Ground Co-op,Urbana, Illinois
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Cooperative Startups in Indiana
Locally Sown Community Grown
Purple Porch Co-op, South Bend
Indy Food, Indianapolis
City Foods, Lafayette
Terre Food, Terre Haute
Lost River Co-op, PaoliMooresville Food Co-op
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Comparison of Assorted Communities with Food Co-ops
Locally Sown Community Grown
CO-OP CITY METRO AREABlooming Foods
[three stores]Bloomington 121,000
Maple City Market Goshen 191,7703 Rivers Co-op & Deli Ft Wayne 340,200
Clear Creek Richmond 69,780
Neighborhood Co-op & Grocery
Carbondale IL 59,600
Common Ground Urbana IL 185,200New Pioneer
[two stores]Iowa City IA 147,000
CITY FOODS Lafayette 164,200
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SNAPSHOT Neighborhood Cooperative, Carbondale, IL
• Recently expanded to new location: 12,000ft2 – 7,000ft2 retail
Jackson County, Illinois – population 59,600
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Neighborhood Cooperative - Carbondale, IL
• 32 ‘full-time equivalent’ employees– Produce manager– Merchandise groceries manager– ‘Front End’ customer service manager– Deli manager– Office and personnel manager– Brand Development manager (marketing)
• 50 employees total – those +30 hrs receive health insurance• All employees receive paid time off for vacations
• Sales of $3.4 million dollars/yr • 2000 members [$100 membership share]• 25 years in business “a mature co-op” Locally Sown Community Grown
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So let’s say…”City Foods could easily be of similar size as Carbondale’s Neighborhood Cooperative”
• A full-service grocery in downtown Lafayette
• A business with ~ 3 million dollars retail sales annually
• 30 employees working downtown (with benefits)
• A new ‘Downtown Destination’ a magnet business that would benefit neighboring specialty stores
• One less empty storefront
• A year-round point of sale for locally grown produce – with multiplier effects throughout Tippecanoe County, keeping local money local
Consider of the benefits of having…….
! ! !
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What are we looking for?• Downtown location – a site with “X” characteristics
Where “X” = sales potential at specific sites
• ~ 3,000 – 4,000 square foot space, perhaps more?• About 6 parking spaces for every 1,000ft2 sales area
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Plenty of possibilities…
Locally Sown Community Grown
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Next moves…• Continue engaging the Greater Lafayette Community
• Develop http://cityfoods.org website – make it more personable!
• Continue membership drive
• Write and formalize feasibility study
• Create a virtual City Foods Co-op, from it derive assumptions with realistic pro forma income and expenditures
• Combine feasibility study narrative and pro forma budget into a well-crafted business plan
Locally Sown Community Grown
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http://cityfoods.org
Locally Sown Community Grown
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Trip to Bloomington IN
Bike Garage
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Peanut Butter and nut butter machines
Local wines and handcrafted beer
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Lost River Market & Deli – Paoli, Indiana
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River City Coop, Evansville Indiana
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River City Coop, Evansville Indiana
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River City Co-op, Evansville Indiana• The co-op is in an old Victorian House with apartments upstairs.