|Employee Eric Kendall stocks shelves at the Lexington Co-Op|
The Lexington Cooperative Market has been in the Elmwood Village for more than 40 years, in about six months it will be expanding and opening a second location at 1678 Hertel Ave.
Tim Bartlett, general manager of the co-op Stressed that the success of the Elmwood location has played a big part in opening a second location.
“We opened for business in 1971 over on Lexington Avenue and we moved to Elmwood in 2005, and the success of the store has been phenomenal,” Bartlett said.
Over the years the co-op has grown from bringing in $2 million in sales at the Lexington location, to currently bringing in over $12 million in sales and serving more than 11,000 customers a week at the Elmwood location.
“I think the co-op has really grown into being both a natural food store and a convenience store for the neighborhood,” Bartlett said.
Individuals can become members by buying a share for an $80 one-time fee.
Since there is not a single owner that will guarantee a loan, the owners have through a capital campaign raised $2 million in unsecured money to get the Hertel Avenue project going.
The co-op employs 85 people and expects to employ 50 to 60 more with the opening of the Hertel location. The new location will be based on the same model as the current store, but will be twice the size and offer full-service meat and seafood. The current goal is to open in June 2016. By Troy Licastro and Tony Reyes