Built For the Community, By the Community
In 2002, the local Saranac Lake department store closed its doors. Our residents and tourists had to drive to Plattsburgh, 50 miles away, to buy basic goods and suppli. We're a tight-knit community, though, and that just didn't work for us. So instead of waiting for another national retailer to open in Saranac Lake, we built our community-owned store, the only one of its kind in the Northeast. Volunteers not only funded our store, but helped build it out, proving how close our community is.
Saranac Lake is Experiencing a Renaissance
With the arrival of new restaurants and a hotel, Saranac Lake is well equipped to welcome the business of the 17.8 million people that visit the Adirondacks every year. Since 2011, our store has realized average annual gross revenues of $360,000, but we need to generate $420-$425K to achieve profitability. We're already generating $50K in gross sales on locally produced items and think that launching a robust e-commerce site in Q4 2018 will open up our local products to a significantly larger customer base and push us to profitability.