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WE’RE MOVING!

 HELP SHAPE YOUR NEW CO-OP

INVEST NOW 

 

 

After years of discussion and planning, the architectural plan for the new Co-op South Street store is approved.

We have Phase 1 fundraising to complete by AUGUST 16, 2017.  With the support of community, a bigger, more efficient, easier-to-navigate space full of healthy local food and products is in all our of futures.

In an ever-changing world some things remain the same— if you plant a seed in good soil, give it light and water, it will grow into a plant, a vegetable, a fruit tree. But you don’t just let it grow for the sake of growing. You continue to water it, to nourish it, to prune it and to shape it. We have an opportunity to play a vital role in shaping the future of Blue Hill Co-op and the role it will play in its impact on the local and regional food economy.

Please consider your investment as a member-owner toward the continued growth of this dynamic community food hub. It is a bold move. I believe in it and it’s one we can champion for our children and theirs after them.

Kevin Gadsby

General Manager
Blue Hill Co-op

THREE WAYS TO PARTICIPATE:

  1. Purchase Investment Shares. Investments start at $100.
  2. Give a tax-deductible donation through Eastern Maine Development Corporation. Learn more >
  3. Donate directly to Blue Hill Co-op. (Not tax-deductible.) To donate directly, contact the General Manager.

About Investment Shares

You now have the opportunity to help the Co-op finance its planned store relocation, earn a good return, and keep your money invested locally! If you are a Maine State Resident, you can invest in your Co-op.

On this page you will find everything you need to learn about and purchase Preferred Shares.

 

Click here for detailed answers to Frequently Asked Questions  (FAQs)

 

This offering, reviewed by the Maine Office of Securities, allows us to offer four series of shares that you can purchase, each with differing terms and with different annual dividend rates:

SeriesCost per share# of shares offered#/$ of shares purchased (as of 04/26/17)#/$ of shares remaining (as of 04/26/17)TermAnnual dividend rate
A-1$1001,00067/$6,700933/$93,3003 year minimum retention0%
A-2$1003,000324/$32,4002676/$267,6005 year minimum retention2.5%
A-3$1003,000172/$17,2002828/$282,8007 year minimum retention3.5%
A-4$1003,0001588/$158,8001412/$141,20010 year minimum retention4.5%

To invest, please download and read the detailed Offering Materials and Investment Forms below.

If you’d like to schedule a visit to discuss the forms and invest in person, please reach Kevin Gadsby at 207-374-2165 or gm@bluehill.coop.

Offering Materials

Prospectus

Offering Circular

Business Plan

Financial Addendum

 

Investment Forms

1.  Investing Instructions

2.  Investor Form

3. Subscription Agreement Form

4. Accredited Investor Questionnaire

5. Preferred Shares Chart + Progress

NOTE: If you are investing more than $5,000, you will need to fill out the Accredited Investor Questionnaire (#4 above)

Mail forms and checks to:
Blue Hill Co-op
ATTN: Kevin Gadsby
PO Box 1133
Blue Hill, ME 04614

 

Please use the contact form below or email Kevin Gadsby at gm@bluehill.coop if you would like to meet or have questions.

Your Name (required)

Your Email (required)

Your Phone Number (required)

Needs?
MeetingAssistanceFormsOther

Maine State Resident?
YesNo

Amount of Investment
Less than $5,000More than $5,000

Your Message

THIS OFFERING OF PREFERRED SHARES IS ONLY BEING PROVIDED TO OWNERS OF THE BLUE HILL CO-OP, INC. WHO HAVE CERTIFIED THAT THEY ARE BONA FIDE RESIDENTS OF THE STATE OF MAINE AND ANY OTHER USE IS UNAUTHORIZED

Funding  Update:

We’re at $220,100 invested in the 

South Street Relocation Project to date (May 17, 2017)

We have an August 16th, 2017 deadline to
reach $500,000 in order to move forward with the project.

Can we count you in?

We are at 43% of our 1st benchmark goal of $500,000.

Your investment now is critical. Join us in creating
a bigger, better, more comfortable local,

organic food hub on the Blue Hill Peninsula.

 

 

WHAT’S IN STORE FOR SOUTH STREET:

parking for more than 70 vehicles, free wi-fi throughout,

handicap access, indoor/outdoor Café seating,

fresh fish + meats, Community Room for

owner and public use, and so much more.

 

 

 

SPRING UPDATE
OWNERSHIP, INVESTING & SALES  NEWS
LETTER FROM GM KEVIN GADSBY  > read more

 

 

 


 

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