By Lynda Jensen
DASSEL, MN Cam and Mary Beth Ryan of Albertville are a step closer to buying Gary’s Family Foods in Dassel from long-time grocery store owners Gary and Gail Stanley.
Mayor Mike Scanlon said last Monday that the Ryans were approved for their Small Business Association loan, with the closing at the end of May.
The changeover is expected to take effect Friday, May 28. Cam Ryan’s last day at Nash Finch will be Friday, May 14, Scanlon said.
The Ryans will keep everything open while the switch is made, and plan to rename the business “Red Rooster Foods.”
The city is offering a $50,000 interest-free loan via its EDA to the Ryans to help make updates. It was contingent on the SBA loan being approved.
Terms of the loan are for an amount of up to $50,000 at 0 interest or payments for a period of 5 years.
The Ryans have more than 30 years of experience in the grocery business. They plan to continue with the “Our Family,” brand as a main label.
The Ryans plan to relocate to Dassel as soon as possible. For the time being, they will have to stay put in Albertville, since selling their house in this market would be hard to do, they said.
Cam Ryan is employed by Nash Finch, and has been for many years. He has worked in all sizes of stores, from small ones to large ones managing a staff of 260 people. He has worked in the upper Midwest, South Dakota and North Dakota, including a grocery store located in Jasper, MN and has also worked in Wisconsin.
He picks all the deals for advertising items in dairy and frozen for the upper Midwest area for grocers. “I have a lot of contacts and know a lot of people,” Cam Ryan said.