Tuesday, June 6, 2017

The Latest From B&N

We got an email statement from Bill and Terry at Baker & Nosh today, explaining the latest about what's happening with their business:
"We would like to say thank you for all the well wishes and inquiries we have received since closing the bakery two and a half months ago.  The continued support from our amazing customers, friends and the community has been overwhelming, to say the least.

When we made the trek down the block to what was to be our new location, we were anxiously waiting to hear on the final approval for our financing for both locations.  Unfortunately, a week after we closed, our financing fell through.

Since then, we have been tirelessly seeking alternative sources to fund the projects, but have at this point come up empty handed.  At this time, we are unsure if we will be able to reopen and  if so, in what capacity.

While we are still working to make this happen, we have also exhausted most avenues that we know of for funding.  That being said, at some point, as business owners, we have to decide when it is time to pull the plug. Unfortunately, the time to make a decision is coming up very quickly.  We will keep you all posted on as soon as there is more (hopefully good) news.

Bill & Terry"
Fingers crossed for a good resolution to this. If anyone knows of any financing sources that may work out for them, please contact us and we will forward them to B&N.

7 comments:

  1. Could they put together a Kickstarter or Go Fund me page? I would be happy to share and advertise this.

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  2. Can they setup a Kickstarter or way for others to fund the project. I am sure people from the neighborhood would participate.

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  3. I'd throw a few bucks at a Go Fund Me.

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  4. Me too. I think Uptown wants to see this succeed. It's sort of symbolic.

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  5. I'd love to see it come back as well, but I won't Kickstarter/etc to fund it - that's not sustainable.

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  6. Perfect example of getting to big, if they couldn't fund the move probably should have stayed. Bigger isn't always better

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