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Help Save The Veganist from Closure (Updated)

As shared in our recent Facebook and Instagram posts, we face a severe financial crisis that may force the closure of our store—a place where we’ve invested our blood, sweat, time, money, and tears over the past two years.

For those interested, the original Facebook post is available at the end of this article, and our Fundrazer page can be accessed here.

Addressing questions that have arisen since sharing our struggles online, we’ve compiled the information into this blog post to provide clarity in one centralized space.


1. **If we reach our goal of 100k or manage to pay some debts, what changes will we implement to prevent a recurrence of this situation?**

This question resonated with us, and the answer involves several aspects:

– We’re collaborating with a local business organization for mentorship on better financial management and gaining additional tools for the future. They also offer business loans, a process we hope to expedite with funds raised through our Fundrazer.
– Despite learning valuable lessons in our recent struggles, implementing changes without sufficient capital is challenging. We’re actively restructuring our purchasing process to increase item margins while remaining competitive in our market.
– Additionally, we’re launching The Veganist Kitchen (details below).

2. **Can you explain the plan for opening a kitchen in the store?**

We’ve always wanted to offer food service, and with a kitchen now in the store (pending approval from Fraser Health Authority), we plan to expand our offerings to include hot foods like soup, warm salads, rice bowls, and made-to-order wraps and sandwiches. Anticipating a 30% revenue increase in the first 60 days, this expansion allows us to reach more customers and boost retail sales.

3. **Why is your Fundrazer goal set at 100k?**

Our current predicament arises from allocating all our revenue to loan payments, impeding repayments to vendors, product orders, and operational bills. This situation was precipitated by the necessity to secure loans during sluggish months due to inflation and a national economic slowdown, primarily for inventory purchase. Unlike some business models where inventory turnover is rapid, grocery retail involves items with slower movement, delaying the return of funds on certain items and affecting our cash flow.

As a relatively young business without an extensive track record, traditional lenders like banks and credit unions were hesitant to extend credit, particularly as we lack personal real estate for collateral. Consequently, we had no choice but to resort to private lenders, which, though appreciative of their support, came with higher payments and interest rates.

Furthermore, government grants, backed business loans, and other forms of support predominantly target medium to large enterprises with a history of 5+ years, BIPOC entrepreneurs, or women. While we celebrate the much-needed support for these groups, it is unfortunate that there is limited assistance for all minority groups or struggling businesses in general. Earlier this year, the Canadian government allocated 25 million dollars to economic development support for 2SLGBTQI+ entrepreneurs; however, these programs are yet to be made public.

Our total debt amount between operational debt and financial debt is just over 100K; although we don’t expect to raise the full 100k, every donation contributes to tackling debts, guiding us on a more sustainable path forward and allowing time to collaborate with our local business organization. Your support, in any amount, is sincerely appreciated and helps us address these financial challenges effectively.

4. **Are you open to investors?**

Short answer, yes. We are more than open to discussing this with interested individuals in purchasing a small portion of the business or even a group of individuals. We recognize that community is what has helped us to get to this point and believe that community is what will help us move forward. If you or anyone you know is interested please email us at

With our hearts full of Gratitude,

Brian, Logan and The Veganist Team

Original Facebook Post: Pasted

In the tapestry of our entrepreneurial journey, your unwavering support has been the vibrant thread weaving through every challenge and triumph. Today, we reach out with hearts heavy yet hopeful, baring the raw truth of our recent struggles.
These past months have cast shadows upon our small haven, evident to those who walk through our doors—the emptiness that echoes where once our shelves brimmed with the products you sought and cherished. The frustration we feel is shared, for each empty space represents a missed opportunity to serve you, our extended family.
With an unyielding spirit, we have toiled tirelessly to navigate these stormy waters, seeking a lifeline that would allow us to resume our mission of providing for you in the ways you deserve. However, the barriers we face are formidable, as traditional lenders turn a blind eye to our passionate endeavor, leaving us to traverse this treacherous path alone.
Our commitment to the community runs deep. We’ve not only embraced local stores, companies, and brands but have physically moved closer, yearning to be more than just proprietors but active participants in the intricate tapestry of our shared existence.
As a fledgling enterprise, we find ourselves standing at the crossroads, exploring a final avenue to secure the funding essential for our survival. Yet, the road ahead is long, and time is not a luxury we possess. In this critical juncture, we turn to you, our pillars of strength, with a humble plea for support.
If you wish to witness the continuation of our journey, if the survival of small businesses in the face of economic adversity resonates with you, if you believe in the resilience of the plant-based community, and if circumstances permit, we implore you to consider making a donation.
This request is unfamiliar terrain for us, and the vulnerability it brings is palpable. Yet, we find ourselves at a juncture where reaching out to our community is not just an option but a necessity. Our business is more than a storefront; it is an integral part of who we are.
We’ve witnessed the heartbreaking closure of numerous small businesses, both within the vegan and non-vegan spheres. The economic tempest has claimed establishments, old and new, leaving voids that reverberate far beyond business walls. The toll on communities, the dedicated teams behind these ventures, and the owners grappling with emotional and financial aftershocks is immeasurable.
We aspire to defy this disheartening trend, not just as a place of commerce but as a sanctuary for those embracing the plant-based lifestyle. Our dream is to persist as a haven of hope and comfort, sourcing unique products for the Valley, transcending the confines of Vancouver or online markets.
Your generosity, in whatever form it takes, is not just a financial contribution; it is an investment in the sustenance of a dream, a testament to the resilience of community bonds, and a beacon of hope for a future where our doors remain open to all who seek solace in the plant-based embrace.
With gratitude and hope,
Brian & Logan and The Veganist Team

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