Stay updated with breaking news from Avra Hoffman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The North Central Massachusetts Development Corp. provided a $125,000 loan to help the owners of Crust Bakeshop fund the purchase of BirchTree Bread Co., as part of a larger financing package from TD Bank of New Jersey.
Come summer, the owners of Crust will take over operations at BirchTree Bread Company.
The owners of Crust Bakeshop in Worcester were approved for a license transfer for BirchTree Bread Co., also in Worcester, and plan to purchase the coffee shop in May.
When reached for comment Wednesday, BirchTree co-owners and spouses Avra Hoffman and Robert Fecteau implied they are selling the business, but they wouldn't confirm officially until after the Worcester License Commission hearing.
Popular Worcester bakery Birchtree Bread seeking license transfer to another city bakery, Crust Bakeshop