Sunday, August 3, 2008

Letter from the Market

Dear Suncrest Residents 2 August, 2008

As many of you are aware, Suncrest Market has served the residents of the community for just over four years. It has operated successfully by the sale of goods and services and support from Suncrest LLC. With the departure of the primary developer, the financial support the store received from them is gone. Knowing that this shortfall would not allow the store to continue to operate, we as store owners, made several efforts to make up this loss in revenue.

First, with the help of many concerned homeowners, we published and passed out a notice asking for each household to support the market by spending $35 a week in the store. This income would have made up the difference we needed to bridge the loss of income from the developer.

Second, we shaved store hours and other operational expenses to curb some costs of doing business. This did help to some degree but still left us far short of being profitable.
Third, at the changing of ownership, we confronted the current operators of the project with our circumstances and asked them to consider a number of options that would allow us to continue to operate. They did provide some assistance but were unable to get us enough support to maintain operations.

We therefore regretfully notify you that we will begin to close the market on Monday, August 4th.

Our new operating hours will be Monday through Saturday from 10am to 6pm and closed on Sundays. Our last day of operation will be Friday, August the 15th or sooner. For the week of August the 4th through August the 9th, discounts will be as follows: if you spend up to $50 you will receive a 10% discount- up to $100 you will receive a 20% discount- up to $150 or more you will receive a 30% discount. For the week of August the 11th through August the 16th there will be deeper discounts on all items. All sales will be final and there will be no returns or exchanges of any kind.

We would like to take an opportunity to thank you, the residents, for your support of the market these past 4 years. We have really appreciated the opportunity to serve you and be a convenient stop on your way up and down the mountain. We have come to be friends with many of you and we will miss that relationship.

It is our hope that over the next 2 weeks you will continue to use us as a secondary stop and take this chance to load up on groceries for a great price. If any of you have any questions or comments please feel free to email us at suncrestmarket@yahoo.com , or you may come into the store and talk with us directly. Again, we appreciate your business and wish you the very best for the future.

Sincerely,

Jake & Jerry Gaskin
Owners/Operators
Suncrest Market

3 comments:

Mac said...

What will happen with the building the Market currently occupies? Is it destined to be another vacant building on the Green?

DeLaina said...

That seems to be the most likely scenario, at least until a new developer takes over.

Mandy said...

Will the market re-open with a new investor, next year, perhaps?
I understand the financial issues, but it seems like a big loss to current and future suncrest residents for the market to close permanently.
Zions bank is aware of how much we all need the market from the July 1 meeting, correct? Will they be making sure that any new developer is aware of the situation?