Worker Owned Restaurant Promotes Healthy Entrees and Entrepreneurs Submitted by Joe on Sat, 04/30/2011 - 11:45 AttachmentSize image002[1].gif61.71 KB url[1].pdf&rct=j&q=Worker%20Owned%20Restaurant%20Promotes%20Healthy%20%20Entrees%20and%20Entrepreneurs%20&ei=WUq8TZetLNGatwey_Z20BQ&usg=AFQjCNG1.42 KB Karen Thomas of OEOC writes about Athens, Ohio's Casa Nueva in 2002: Casa Nueva opened for business as a worker-owned cooperative in 1985 when the much-indebted owner of Case Que Pasa, a local Mexican restaurant, skipped town. As then-manager Schaller recalled, "a group of us [employees] ran the business until the bailiff showed up. Because we lacked the capital to buy the business ourselves, we incorporated as a cooperative within a C corporation. "Each founder put up $1,000 and bought the assets out of receivership. We then got local bank loans for working capital. We showed a profit in the first year and enjoyed double digit growth for the next decade," said Nancie Buerkel, Casa’s financial coordinator and a member since 1989. "Today we make $1 million plus in annual sales." Tags: Casa Nueva email / post to social media 1896 reads Add new comment Your name E-mail The content of this field is kept private and will not be shown publicly. Homepage Comment * More information about text formats Text format Full HTMLFiltered HTMLPlain text Full HTMLWeb page addresses and e-mail addresses turn into links automatically.Lines and paragraphs break automatically.Filtered HTMLWeb page addresses and e-mail addresses turn into links automatically.Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>Lines and paragraphs break automatically.Plain textNo HTML tags allowed.Web page addresses and e-mail addresses turn into links automatically.Lines and paragraphs break automatically. CAPTCHAThis question is for testing whether you are a human visitor and to prevent automated spam submissions. What code is in the image? * Enter the characters shown in the image.
![image002[1].gif](http://american.coop/sites/default/files/image002%5B1%5D.gif){kind=link}
Add new comment