4.625 504 20 year term, April 2017
4.817 504 10 year term, March 2017

 

Breselow's Family Market

April 2007 | Watertown, WI

 

Dennis and Patricia Breselow purchased an existing 14,500 sq. ft grocery store in Watertown known as Tom’s United Foods on April 1, 2007 via interim financing. This project will also include financing for some remodeling and a 4,500 sq. ft. addition along with some additional equipment. The project location has had a grocery store since 1953. Dennis Breselow has 39 years of experience in the grocery store industry including 21 years as a store manager with various Pick’N Save stores in the area. The borrowers increased sales by 9% since they took over just by cleaning up the facility, better product selection & marketing and being on-site owners.

 

 

Funded

April 2007

 

Owner(s)

Dennis Breselow

 

Bank & Lender

JP Morgan Chase Bank, N.A, Joyce Mercer

 

Financing

Purchase of existing business

 

Jobs Created & Retained

30

 

Public Policy Goals/Local Development Goals

Development and assisting a woman owned business

 

Project Amount

$1,500,000

 

WBD Contact

Diane Byler

 

Diane's Personal Page

 

Email Diane

P: (608) 316-7132

Dennis and Patricia Breselow purchased an existing 14,500 sq. ft grocery store in Watertown known as Tom’s United Foods on April 1, 2007 via interim financing. This project will also include financing for some remodeling and a 4,500 sq. ft. addition along with some additional equipment. The project location has had a grocery store since 1953. Dennis Breselow has 39 years of experience in the grocery store industry including 21 years as a store manager with various Pick’N Save stores in the area. The borrowers increased sales by 9% since they took over just by cleaning up the facility, better product selection & marketing and being on-site owners.