Community Foods Market

by

minimum investment:

Oakland, CA

Fresh and affordable food store in West Oakland

A full-service neighborhood fresh food store and community space that supports West Oakland families to become healthier and socially connected. More than a grocery store.

Buy Shares
Buy local. Eat Local. Invest local. Become a Founding Shareholder in creating a healthier and more thriving West Oakland. Buy preferred shares and earn 3% annual interest and 1% store credit. California residents are eligible to invest.

Funding target: $2,500,000

Direct Public Offering (CA residents only): Loan

Minimum investment: $1000

Investment Opportunity

Dozens of restaurants and food markets have popped up in Oakland’s Uptown, Lake Merritt, Piedmont, and Temescal neighborhoods. But not all of Oakland’s neighborhoods are benefiting from the opportunity and prosperity that this food scene is creating. Our full-service food market, cafe, and social hall will ensure that West Oakland residents have the opportunity to shop for food, enjoy a meal, see live entertainment and have social experiences right in their own neighborhood, as well as benefit from the jobs, training, pathways to ownership and economic good that our business will create.

We are offering a concrete, local and sustainable way to address the social and economic problems in West Oakland. This is not a donation. This is not a Wall Street investment. This is a real local investment in which residents of California, of all economic backgrounds.

The Problem: An Underserved Community

Over 25,000 residents in West Oakland don’t have easy access to fresh foods, affordable groceries and positive social settings in their neighborhood. Every year, over $43MM in grocery spending leaves West Oakland and goes to stores in other communities, reducing local jobs and weakening the local economy.

West Oakland residents also desire more social and cultural experiences in their neighborhood that connect them to their communities and provide interesting and enriching occasions. Presently, there are few venues where residents can go to enjoy an event such live music or socialize with other residents in a public setting. The strip San Pablo Avenue that runs through West Oakland from the border of Emeryville to downtown Oakland lacks a single coffee shop or “sit-down” restaurant along its entire length. In addition to having to leave West Oakland to shop for groceries, residents must also leave the neighborhood to get to any kind of public venue.

Our Solution: A Neighborhood Food Store

A food market that’s tailored to the West Oakland neighborhood and provides families with affordable quality foods and groceries, local jobs, and a place for community building and socializing. The store will also offer education, engagement and incentive programs to encourage healthier eating.

Buy Shares

Buy local. Eat Local. Invest local. Become a Founding Shareholder in creating a healthier and more thriving West Oakland. Buy preferred shares and earn 3% annual interest and 1% store credit. California residents are eligible to invest.

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