The Rendezvous underwent an independent market appraisal, estimating that the business is worth $250,000, including equipment and reputation. Additional inventory and cash bring the total to $300,000. The building was appraised for $390,000. For a total of $690,000.

The current ownership, Rocket Science LLC dba The Rendezvous and TFMA LLC are offering the business, building, inventory, and some cash to the future VOO CO-OP for $590,000 or $100,000 less than the appraisals have estimated the value.

The new co-op has lined up financing for $390,000. This leaves a fundraising goal of $200,000 in equity stakes through co-op sales and through community loans in order to complete the sale.

If you are interested in lending to the new co-op, please fill out the form attached here, and we will be happy to talk to you about how you can help the local food economy. We have Market Price Analysis and a Real Estate Appraisal that we are happy to share with those who want to become financial partners.

List Price for the Rendezvous to the CO-OP.

Rendezvous (including equipment, goodwill, liquor license, leasehold improvements) (Market Price Analysis: $250,000)	$150,000
Rendezvous Cash & Inventory	$50,000
78 3rd St. Building	$390,000
Total Sale	$590,000