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>We did something similar where I live. A new owner wanted to reopen the grocery store, and the town collected around $100.000 to get her started. A few people
by cool_dude85 4y ago
>We did something similar where I live. A new owner wanted to reopen the grocery store, and the town collected around $100.000 to get her started. A few people work for free a few hours a week, stocking shelfs and stuff like that. In the end though, it's a business and she needs to turn a profit. The people in the town are motivated to shop there, because if the store closes, the value of their homes will fall dramatically.
Sounds like you guys did the opposite: give a private owner a cheap loan and free volunteer labor. Hope she's at least opening up the books to you guys.