The Broad Street Market will hold a fundraiser this weekend as it attempts to plug a hole in its operational budget.
On Saturday, the market will host “The Great Broad Street Bake-Off” to raise funds for the market’s revival. The event will be held from 11 a.m. to 4 p.m.
In July, a devastating fire closed the market’s brick building, displacing about two-dozen vendors. As a result, market revenue has plummeted by about 70%, according to the market.
Saturday’s event will try to recoup some of that lost revenue.
The market had planned to nearly double vendors’ rents to raise more money, but, last week, the board rescinded that decision.
The event will feature three vendors—Lil’s Pretzels, Lovedraft’s Express and Piper Belle’s Wood Fired Flatbreads—as well as other areas businesses, such as Pennsylvania Bakery, Las Delicias Restaurante ad Cece’s Cake Shop, which will all showcase their culinary talents and creations, according to the market.
The event is free, but the market is requesting a suggested donation of $5 per person. The goal is to raise about $5,000 to help the market financially.
It’s estimated that market is running a deficit of about $10,000 per month.
“Every contribution, big or small, will make a significant impact on rebuilding this vital community space,” according to the market’s event announcement. “We invite everyone in the community to come together, enjoy a pie-filled day, and contribute to the future of Broad Street Market.”
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