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Tom Green GCC 2015

  1. 1. 1 The  Assabet  Village   Food  Coopera4ve   (AVFCO)   Massachuse(s  Green   Careers  Conference  
  2. 2. 2 Our  Vision  –  Assabet  Village  Food  Coopera4ve   To start a store-front, locally- sourced, community-owned grocery store in the town of Maynard that will serve the Metrowest and Assabet Valley regions.
  3. 3. Co-operative Principles (ICA.COOP)
  4. 4. 4 About  Us  –  Assabet  Village  Food  Coopera4ve   • Began  membership  drive  2  years   ago  this  month     • Currently  have  458  members  from   25  towns     • Maynard,  Acton,  Stow,  Sudbury,   Bolton,  Concord,  Hudson  are  the   communiEes  with  the  most  Co-­‐op   members.        
  5. 5. 5 Coopera4ve  Business  Model         Steps  in  development  are  all  Eed   to  member  numbers.       ● Market  Study  @  300  owners   ● Business  Plan  @  450  owners   ● Site  selecEon,  hiring  a  GM  and  start   of  loan  campaign  by  800  owners   • Followed  by  construcEon  and  store   opening  (generally  1000-­‐1200  owners   by  store  opening)      
  6. 6. 6 Why we are at today’s conference Over 250 food co-ops in the US. Collectively the third largest buyer of natural foods in the nation. National Co+op Grocers (NCG) strongertogether.coop Co-op vs. Conventional Food Store: • 157 vs. 65 Local Producers working with each store •  20% vs. 6% - Percentage of local products sold •  38% vs. 24% - Revenue spent locally •  82% vs. 12% - Organics as percentage of produce sales •  48% vs. 2% - Organics as pct. of all grocery sales •  Much higher recycling rates, particularly for food waste and plastics
  7. 7. Local Economy •  50% more of all money spent by a co-op grocery store stays local vs chain grocery store Innovation •  Stimulates creation of new small businesses •  Creates economic stability for existing businesses/farms to grow Destination Food Culture •  Attracts those who want to be part of creating a food culture •  Synergistic businesses, young entrepreneurs And  Economically?  
  8. 8. 8 So  Where  are  the  Jobs?  
  9. 9. •  Keene,  New  Hampshire   •  Opened  spring  2013   •  10,000  sq  V  store  
  10. 10. •  Portland, Maine •  Opened late 2014 •  10,000 sq ft store •  Meeting first year sales projections
  11. 11. Our  Community  of  Support  
  12. 12. Partnering  to  Support  Our  Community  
  13. 13. Where  to  find  us   Assabetvillagecoop.com Assabetvillagecoop@gmail.com AssabetVillageCoop AssabetFoodCoop

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