Skip to comments.Muddy Waters Cafe Needs $10,000 to Stay Open (Anti-profit coffee shop broke)
Posted on 01/28/2010 10:14:06 PM PST by tlb
Eleven months after it went "anti-profit", Muddy Waters coffeeshop on SE Belmont says it will have to close its doors unless it can raise $10,000 by the end of the week.
Four co-owners/baristas took over the shop last February (more on that here), aiming to turn the sofa-laden cafe into a community center run on an "anti-profit" model that would pour any income other than their own four salaries back into good causes. In the last year, the cafe's calendar has been packed with open mic nights, movie nights and open jam sessions.
But things haven't gone according to the financial plan. Co-owner Sarah Dread says the cafe owners have been working for free since opening last February, supporting themselves with second jobs. "For the last few months, we've gotten to the point where we're losing money every day we're open. Business has been slowly declining," says Dread. The cafe has failed to claim 501(c)3 non-profit status as it originally planned.
Though Dread says Muddy Waters' landlords have been very accommodating, the building owners as well as the cafe co-owners have reached a breaking point. "It's been a long time coming. We're almost always out of at least some things because we can't afford to buy it," says Dread. The cafe is hosting fundraiser events daily through Sunday at the shop (2908 SE Belmont), including a pancake brunch this Saturday at 11 am.
Update 1/7: Muddy Waters says it will now be open 24/7 until Sunday and, as of Wednesday night, they've raised $1,800.
So in this cafe, how do I pay for my coffee...with “Hope and Change” dollars?
BUMP for later ..... Oh ... I’ve got to comment on this when I wake up in the morning!!!!!
Sounds like they are more than qualified to work for Fannie Mae or Freddie Mac, hell they could run the FED they couldn’t do worse than those in there now!
I live in Portland. I’m going to go there tomorrow to check this place out. I won’t spend a dime, but I want to see what their schtick is all about.
this is not satire? hahaha... this is so funny...
Wear your best lib-hippie outfit.
If this is the place I think it is, you pay what you think whatever is worth. Libs are cheapskates.
LMAO. Are they for real?
Obama stash! Obama ought to send it a million or two and save a few jobs.
A non profit where we the owners make a “Salary” that we choose and the rest goes to select charities, causes, etc...
I’ll bet most if not all of these folks went to college.
Should have set their sights on becoming tenured, do nothing professors.
I was actually considering talking to one of the “owners” about me purchasing their shop and then running it as a “for-profit” business. I have no intention of buying the place, but I’m curious to see what answers I would get.
THESE are most likely the VERY people who voted for the NEW taxes on the “rich” in Meas 66 & 67 on Tuesday.....they won’t survive for SURE now!
Stupid Commies. Anyone can give crap away for free. But to prosper you have to offer something of value. If people value it, they will pay for it. Stupid Commies do-gooders didn’t do a thing but accrue debt for someone else to pay - like the landlords.
Start another thread if possible. I’m also curious to what answers you will receive.
They seem to think profit just oozes out of businesses and they can be taxed ever more and more. These little Maoists sure got a rude awakening about real life in business. I knew when I read about them starting up that this was just a matter of time.
Hahahahahahahahaha! Obama, Obama, Obama, Mmmm, Mmmmm, Mmmmm!
Another Commie experiment bites the dust. Will they ever learn?
Funny how that works. It’s really much less painful to learn these lessons in economics and finance classes.
Isn’t that the lesson ole George McGovern, sainted grandpappy of the left, learned when he actually tried to run a business after retiring from politics?
For some people, learning those lessons in class just doesn't work. They think it's possible to run the world a different way--until reality rears its ugly head.
In capitalism every transaction is a win win transaction. The anti-profit bar is only conduction win-lose transactions. They mistakenly assume that for profit shops care out win-lose transaction benefiting the shop. This process just leads to misery.
Like every other “anti profit” business, they just need a government subside. :D
Hey!?! It's their theme.
What does the real Muddy Water’s family have to say about this whole deal?
“...the VERY people who voted for the NEW taxes on the rich in Meas 66 & 67 on Tuesday...”
You beat me to it. Exactly what I thought reading healine ...
As they say: what goes around...
“Portland is just filled with numbskulls like this.”
Yep. No doubt they had the place feng-shue’d, de-ghostified, adorned with just the right crystals, and aura-normed before committing to the business model.
Their failure is, no doubt, righteously blamed on Bush, Halliburton, and big corporations.
Lived there. You right. Not just the big cities, neither...
LOL! If they had bought a better crystal ball, maybe they could have seen this coming.
The article doesn’t really say anything about how they ran the business.
Telling people you are going to run any business as a “not for profit” has always seemed disingenuous to me unless it is staffed by volunteers.
As long as people are being paid, and their “salaries” along with other costs soak up all revenues, any business becomes “not for profit”.
Sounds like the same business model I had with my allowence when I was 10.
There are plenty of Not for Profit Businesses, AAA Travel Service and most hospitals just to name a few. I have never hear of an “anti-profit” model. It must mean You sell all your goods at cost. How stupid is that?
If they'd spend less time on their own ideas of where other people's money should go, and more time actually trying to fulfill their needs, they'd have a viable shop. Then they could donate the evil profits to all their causes.
Serving others has never been the strong suit of leftists, though. It seems avoiding the ugly stigma of capitalism among their friends is more important than funding their nobles causes.
Free Clue: Your liberal teachers who taught you that capitalism is evil? They were wrong.
Have a nice day, and get a job where customers pay for stuff.
What the heck? Is recess over?
I don’t understand...... The business model just looked so... so... AUTHENTIC!!!
Ha! Hope for some change.....
The owners are probably Obama voters too.
Hmmmmm. Looks like they forgot that little budget item called "overhead". Things like rent, water bill, electricity, and on and on. Typical ignorant commies.
Absolutely correct. He had a bed and breakfast and went bankrupt.
All time great line from the old fool:[paraphrase] "Well I guess I never knew how restrictive all those laws I helped write in Congress were on the small businessman."
Hah, just like the "regulars". :-)
Are they still open? Article is dated 1/5/10.
They don't learn. Learning interferes with dreaming.
I have seen several of these types of enterprise come and go here in our area. Always the same. Big opening, lots of hoopla, press coverage, free concerts, etc. Then, one day a few months later you drive by there and it’s closed, or it’s become a bail bond place.
Nothing teaches a lesson like experience.
You mean dig through the dirty clothes hamper?