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Existing Regional Food Cooperatives . Maple City Market Goshen. Three Rivers Food Co-op Grocery Ft. Wayne. Common Ground Co-op, Urbana, Illinois. Clear Creek Food Co-op Richmond. Blooming Foods [3x] Bloomington. River City Food Co-op Evansville. Locally Sown Community Grown.
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Existing Regional Food Cooperatives Maple City Market Goshen Three Rivers Food Co-op Grocery Ft. Wayne Common Ground Co-op, Urbana, Illinois Clear Creek Food Co-op Richmond Blooming Foods [3x] Bloomington River City Food Co-op Evansville Locally Sown Community Grown
Purple Porch Co-op, South Bend City Foods, Lafayette Indy Food, Indianapolis Terre Food, Terre Haute Mooresville Food Co-op Cooperative Startups in Indiana Lost River Co-op, Paoli Locally Sown Community Grown
Comparison of Assorted Communities with Food Co-ops Locally Sown Community Grown
SNAPSHOTNeighborhood Cooperative, Carbondale, IL • Recently expanded to new location: 12,000ft2 – 7,000ft2 retail Jackson County, Illinois – population 59,600
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
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……. ! ! !
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
Plenty of possibilities… Locally Sown Community Grown
Next moves… • Continue engaging the Greater Lafayette Community • Develop http://cityfoods.orgwebsite – 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
http://cityfoods.org Locally Sown Community Grown
Trip to Bloomington IN Bike Garage
Peanut Butter and nut butter machines Local winesand handcrafted beer
River City Co-op, Evansville Indiana • The co-op is in an old Victorian House with apartments upstairs.