Keep It Local
Invest in Your Community with Preferred Shares
Member-owners who reside in Utah can purchase preferred stock in Wasatch Food Co-op
as a long-term investment. These shares provide dividend potential while directly supporting the Co-op's growth and operations.
Why Invest?
As a 100% locally owned and controlled grocery store, Wasatch Food Co-op is unique. We don’t have a distant corporate office dictating policies or siphoning off profits. Instead, we rely on our member-owners to provide the bulk of our financing. These investments show other potential funders that we have strong community backing, and it means we can keep more money working right here in Salt Lake City rather than paying interest to a bank.
Our store is in the final stages of development. The more member owners who invest, the sooner we can open the Co-op's doors.
Not a member? Join us today, invest tomorrow!
Cost of shares: $1000 each with a minimum purchase of 2 shares
Dividend rates:
$2,000 - $24,000 3.5%
$25,000 - $49,000 3.75%
$50,000 and over 4%
Dividends are paid at the discretion of the Board of Directors. Shares are
bought back by the co-op at the end of 10 years.
How to pay for your investment:
01
Send us a check!
Wasatch Cooperative Market LCA
P.O. Box 4303
Salt Lake City, UT 84110
*Please put your Member Owner Number and Preferred Shares in the subject line. Payment by check will not require processing fees
02
We'll come to you!
We'd love to meet you in person to discuss and thank you for your investment! Contact us at 385-355-5271 and we will meet you at your convenience.
*Payment by check will not require processing fees
Project budget
Funding sources
Interested in Preferred Shares?
Drop your preferred contact information here and we'll send you all the details including the placement Memorandum!