Continuing The Mission!
On February 6, 2018, the assets of Doylestown Cooperative Inc. were sold to a privately held corporation, A New Hope for Doylestown Inc., owned by Paul Weinstein, Debbie Bernstein and John LaSala. The new owners will continue to trade under the Doylestown Food Market name and the business will continue as is at 29 W. State Street. The Store Manager, Andrea Haines, and all of the other staff are staying on in their current positions. The new owners do plan sometime this year to move the store to a larger location with parking. The new location will be announced once the lease is finalized.
Doylestown Cooperative Inc. was established as a member owned cooperative with the mission of bringing locally grown and produced vegetables, fruits, meats, eggs, dairy products and many other healthy products to the community. The store opened on January 2, 2014 and has succeeded in selling over $1 million in locally grown and produced products over the last four years! However, total sales were never enough to turn a profit. The Market survived through fundraising, grants and a lot of volunteer time. Faced with flat sales and diminishing cash reserves, the Board voted in November to close the Market by the end of 2017.
The next day, Board Secretary, Paul Weinstein, Paul’s wife, Debbie Bernstein, and Board President, John LaSala, approached the Board with a proposal to buy the assets of the Co-op, keep the store open, and continue the mission. Paul and John recused themselves from the Board and the Board nominated a Negotiating Committee to negotiate the terms of the sale. The negotiations were successful and the Members voted on January 30 to approve the sale.
The Doylestown Food Market is no longer a cooperative, but is now a privately-owned business, as are the many other small locally owned businesses you deal with every day. The mission remains the same and the new owners are looking forward to being able to better serve their customers and the community.
Paul, Debbie and John would like to thank the Doylestown Cooperative Inc. Board and other volunteers who put in many, many hours of their time, the Members who invested equity, and the shoppers who have been loyal to the Market. All of these efforts sustained the Doylestown Food Market for four years in its mission to bring local healthy food to the community. The new owners are excited to continue and expand this mission!