Worker Co-ops Fund Themselves, Solve Equipment Crisis
The espresso machine’s motor acted up on December 30th and completely failed three days later. Suddenly, all lattes and cappuccinos, critical to the income of any café, weren’t possible for the worker- and consumer- owned Flat Iron Coffeehouse Co-op.
“This sudden loss of revenue was devastating” said co-founder and worker-member Larisa Demos. Everyday saw a 30% loss in sales and a noticeably different customer satisfaction level amid Flat Iron’s cozy, warmth-filled environment. Flat Iron re-opened in December of 2021 as a multi-stakeholder co-op in Bellows Falls, Vermont.
“We weren’t sure who would assist us as a newer co-op,” said Demos.