People's Community Market

Description

• Building on the ten years of food enterprise experience of its sister organization, Peoples Grocery, Peoples Community Market (PCM) is creating a full-service neighborhood food store, health resource center and community hub that supports West Oakland families to attain healthier and more socially connected lives. PCM will use its understanding of the local area to develop and operate a retail concept that combines aspects of a limited assortment format and a full-service fresh foods format. PCM will be More Than a Grocery Store to support customers in improving their health, building community and becoming more socially connected. PCM will partner with community and health organizations to offer education programs such as demonstrations and workshops, as well as health services such as diabetes screenings. The store will feature a community gathering space and venue for events and social activities, through the Front Porch courtyard, which will feature a patio, a stage, a kids play area, and a café service window for outdoor ordering.PCM is raising $3.6Mand has a unique opportunity for $2.4M in debt financing from the California Freshworks Fund. The company is raising $1.2M through a Direct Public Offering, a community investment vehicle through which residents of California can directly purchase preferred shares. PCM will provide investors with a 3% compounded interest rate and a seven-year payback period.
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  Headquarters:1814 Franklin Street Suite 800, Oakland, California, United States

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  Phone Number: +1 510-995-7498

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  Website: https://www.peoplescommunitymarket.com

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  Employees:13

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  Revenue:$1 - 10M

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  Legal Name:People's Community Market

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• |  NAICS Code: 424470  |

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