FAQ
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Membership (2 entries)
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When we polled the community in May of 2008, many of you requested that CreekSide Co-op NOT require a mandatory work requirement as part of membership. While there will be ...
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If CreekSide Co-op fails to open its doors, or goes out of business after the doors have been opened, whatever funds remain after paying off debts & loans will be distributed ...
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Pre-opening (8 entries)
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Getting money to finance the building and equipment is not a problem, but funding working capital is a challenge. Banks want any loan they make secured by money or property. ...
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In order to apply for USDA funding we were required to provide a wide variety of inspection reports on the building. We could not have applied without them. At ...
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Existing member equity, invested since late 2008, has been spend in the following ways: Architect Consultants (feasibility report, financial, design) ...
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That is still a moving target, as we negotiate, finance and execute the purchase or lease of our new home. Once the deal has been finalized, we may be able to ...
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About 10 years ago, the ongoing business that was Ashbourne Market was sold to a group of investors lead by Arsen Kashkashian. Mr. Kashkashian is a lawyer and real estate investor ...
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In 2009 we were given a letter confirming our qualification for the USDA Rural Development guranty loan program. The 3rd stipulation of that program states that it does not include ...
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We have 1300 member households with huge additional potential. "Starting small" would mean trying just as hard to get less funding, not satisfying our members, having higher prices, being in ...
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Renting the building means having a developer willing to buy the building, perhaps take on some of the renovations, and rent back to us. There are several issues that ...
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Store (3 entries)
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Several banks, lenders and government agencies have reviewed our business plan and have all come away impressed. They see no reason that the scope of business and the size of ...
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One of the wonderful advantages of being a member in CreekSide Co-op is that you (the members) have a say in what the Co-op will sell. The actual product mix ...
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Weavers Way has expressed interest in helping CreekSide be a success from the inception of building co-op in Elkins Park. Their intention was always to support us, but not ...
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Farmers Market (2 entries)
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In 2011, the outdoor farmers market ran from April 11 through November 21 and though at first there was a dearth of farmers by the beginning of May when local crops ...
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Yes and no. A grocery store and a farmers market are different in many ways. One of those ways is that; a grocery store buys wholesale from a distributer ...
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Helping CreekSide (1 entry)
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As a member-driven cooperative, your involvement in the success of CreekSide Co-op is critical. At this point in time, the #1 thing we need help with is membership! Getting ...
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