Negotiations have collapsed between Shoofly Vegan Bakery's owner, Tien Vominh, and former employees interested in buying the business. After a walkout due to late paychecks, employees planned to acquire the bakery but have now decided to open their own business. Vominh indicated that initial offers from the former staff lacked necessary funding. The former employees countered that they attempted to sublet the bakery to gain access to essential resources. Communication breakdown ultimately ended the negotiations, leaving the bakery closed since the staff walkout on May 2.
Vominh noted that the employees informed him they did not have the necessary funds after initially submitting an offer he accepted.
The former employees stated they initially offered to sublet the bakery from Vominh to access equipment and workspace while negotiating to take over.
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