Tag: local investors
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The community quickly came together to brainstorm ideas for re-opening the store. The first step involved forming the Tyndall Market LLC, an investment opportunity that allowed community members to buy into the ownership of the store for $35,000 each.
“It was explained that this is a high-risk investment with a good chance of little to no return,” explains Ron Wagner, community volunteer. “Everyone was aware that they could take it in the shorts on this deal, with no promises of ever seeing a dime of their investment again.”
Within no time, seven different local investors had pledged $35,000 each to re-open the grocery store, simply out of love for their community.
Next, community volunteers and businesses worked to clean, renovate and re-stock the store. Tyndall Market LLC began researching … Read More »