- How is a food co-op different from other grocery stores?
- How long before MoCo opens?
- Why should I join NOW?
- How much does a membership cost?
- What if I buy a membership now and the co-op doesn’t open?
- Do I have to be a member-owner to shop at the co-op?
- How can I help to make this happen?
- How will MoCo be able to compete with other area grocery stores?
Unlike the larger food store chains, co-ops are independently owned and operated and have a commitment to providing year-round access to healthy, locally produced natural and organic foods. Most importantly, co-ops are 100% member-owned and controlled. Co-ops are mission driven rather than profit driven, and each member has a say in how the co-op will be run and how it will meet the needs of the community it serves.
A start-up co-op typically takes anywhere from 2-5 years from the idea to doors opening. Community members have been working hard to make MoCo a reality since 2011. As of April 2016, MoCo is projected to open in late fall 2016, pending a successful member-loan campaign.
If everyone waits for the store to open, we will never have a co-op. Membership sales provide critical funding for development work as well as the equity capital necessary to secure the loans from banks and other funding sources that will be necessary to complete and open the store. Membership is also a key indication of the future demand for the co-op’s products. Finally, by becoming a member today YOU will have a say in the development of YOUR co-op.
You can become a member by making a one-time investment of $200. We’re “building” the co-op from the ground-up, so we’re asking member- owners to pay, when billed, their full $200 equity share. Payment plans will also be available for those who are unable to pay the full amount in one lump sum.
If the store doesn’t open, and the co-op is dissolved, any remaining funds will be returned to the members, lenders and donors. Funds from membership sales will be used to complete development work and to fund construction and start-up costs. As with any start-up, it is important for members to understand that there is risk involved and that they may lose some or all of their investment if the co-op is not successful.
No. Membership is voluntary and anyone is welcome to shop at the co-op, member or not!
It’s simple to help . . .really. • Become a member-owner. • Enthusiastically tell your friends and neighbors about MoCo. (Give them a brochure, too!) • Volunteer to get involved. It is no secret volunteers are critical to the success of the co-op! • Support MoCo in any way you can.
MoCo will have different offerings than other area grocery stores - their emphasis in on price and variety. MoCo's inventory will emphasize locally produced products with the intended support of local producers and stimulation of the local economy. MoCo will emphasize naturally produced and organic products raised thoughtfully and carefully. Additionally, MoCo will offer educational opportunities that will allow for shoppers to make more informed and more healthful choices.