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How to Spend $25,000 (and more!)


Posted on July 9th, by Todd Simmons in Blog, Front Page. No Comments

How to Spend $25,000 (and more!)

Wolverine Farm has always been adept at stretching a budget–we started this non-profit on essentially nothing, and have managed to survive through our crafty ways. But, there’s no doubt about it–developing a commercial space is an expensive endeavor. When we took the expansion leap, we knew we were going to have to maximize our penny-pinching skills in order to open up our new space. Nonetheless, as I’ve said before, we needed to make a leap–if we didn’t diversify, Wolverine Farm Publishing probably would’ve gone the way of the dodo. With the help of an anonymous lender, we were able to cross a major hurdle–that of buying our own building and positioning Wolverine Farm to be around for a long, long time.

You might wonder where we’ll spend the $25,000 we’re going to raise through Indiegogo. While we are still exploring different ways to develop the building, here’s what we know so far:

New roof: our building comes with a leaky roof. Estimates range from $12,000 – $15,000. Keeping our paper dry is probably worth it.

Accessible Bathroom: Not quite $5,000. Since we are changing the use of our building, we’ll need to upgrade the bathrooms to make them handicap-accessible.

Additional exit: to bring the building up to code, we’ll need to cut out a new opening in the walls, and install another door. Probably close to $1,500.

Insulation: Our building was built in 1974, and insulation didn’t seem to be high on the priority list at the time. We want to insulate the foundation and the walls to make it more energy efficient. This will cost at least $5,000, but probably more.

Not to mention landscaping, sidewalks, new signs, paint, a POS system, an outdoor patio, bar equipment, and furniture. We’ve placed the total renovation costs starting at $100,000, which we’ll raise through localvesting techniques, other fundraisers, and traditional bank loans (if need be).

If you like what we’ve done the past 10 years in Fort Collins, and want to see us do more, please donate now. For as little as $5 you can help Wolverine Farm make things happen.

 





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