Food For All Owner Sets Fundraising Deadline of Monday Morning
Several of Food For All Market's customers agreed to invest in the store to save it from closing, but more investors are needed by Monday morning if the store is to remain open.
In the ten days since Food For All owner Amy Kunkle announced that the store would be closing, she has been amazed by the level of response from customers and community members who want to do whatever it takes to save the business.
One of her customers, Anne Marie Dunphy, offered to help Kunkle draw up a financial plan that would allow her to remain open. Dunphy is one of the many people who appreciate the market for its allergy-friendly selection of gluten-free foods.
The two presented the plan to a dozen potential investors at a meeting Thursday night. Eight people committed to giving Kunkle a low-interest loan with a six year term. Kunkle announced on the store's Facebook page Thursday night that 30 percent of the necessary funds have been committed.
"It's going to be all or nothing," said Kunkle in an interview. She has set a deadline of Monday morning at 9 a.m. to raise the rest of the money. If she doesn't have 100 percent of the needed funds by that time, she will be forced to close the store.
The money is intended to pay some of Kunkle's vendors and give her a cash reserve to help her get the store back on its feet. The business was weakened in part by Kunkle's participation in a Groupon deal last summer that caused the store to lose money.
Kunkle is looking forward to knowing one way or another whether the store will have to close. "Living in limbo is not fun," she said.
But after the positive responses she's received already, she is hopeful that the community will come through. "I would not be surprised if it did," she said.
Community members who want to invest in Food For All should email Amy Kunkle at amy.kunkle@comcast.net before Monday morning.