York Supplies is one of the worst-kept best secrets of Kings Heath – an old-school hardware and gardening store where you can find anything you need, and if that’s one nail then you can just buy one nail. We’re big fans and were quite distraught when it was announced that Jon Jaffa, the owner and heart and soul of the business, was retiring and selling up.
Over the last year a group of customers, with support from Co-ops UK, put together a plan to save the business and, more importantly, maintain the community spirit of the business that Jon has nurtured over the decades. Here’s Barbara Nice to explain it.
If successful, the business will be reborn as a York Supplies Community Co-op. Anyone who invests at least £100 can become a member with voting rights, meaning the business will effectively be owned by the customers in the community. They need to raise £300,000 from shares which will then be matched by the Community Ownership Fund, giving Jon a fair price to retire on.
The share offer ends on 7 September. You can invest (and note this is an investment, not a donation) by filling in this form.