This article is pretty old but I thought I’d share it here. The Party Source is among the biggest liquor stores in the Cincinnati region, and the owner sold it in its entirety to his employees through an ESOP (Employee Stock Ownership Plan) structure.
The Party Source in Bellevue, KY is fully employee-owned
https://www.marketwatchmag.com/partying-on/
3 Comments
seahorse@midwest.social · 2 pts · 1y
Lol spent a lot of money there during my time at UC. That place is massive.
trashboat@midwest.social · 2 pts · 1y
Haha same here
Ascrod@midwest.social · 2 pts · 1y
ESOPs are pretty nice. It's not quite a worker cooperative, but I think it's a step in the right direction.