By Jean Doran Matua, Editor
At its regular meeting Monday night, July 8, the Watkins EDA (Economic Development Authority) discussed ways to keep the town’s grocery store once current owners Ed and Cindy Stein retire later this year.
A number of options were discussed, including running it as a cooperative, the city purchasing the building and leasing it to a new owner, the city financing a new building possibly on Highway 55, and more.
“The EDA will do as much as it possibly can do,” said EDA chair Fred Struzyk. “We want to make sure it’s successful now and in three years.”
“It’s a lot of work for what you make,” said owner Ed Stein. “You gotta like it.
The building and fixtures are for sale through Riverwood Realty in Watkins for $98,500; this includes a large apartment upstairs. The inventory would be a separate purchase of perhaps $75,000. Stein believes that about $50,000 for new coolers and other upgrades should serve the business for another 25 years. Anyone interested should approach the Watkins EDA, sooner rather than later. Meanwhile, the EDA is continuing to research its options.
It should be noted that Gohmann’s Foods in Kimball has been for sale as well, through Keller Williams in Annandale. Kimball does not have an EDA, however.
Eden Valley lost its last grocery store a few years ago.