Saranac Lake Community Store

Early Stage

Our Store is the first & only community-owned department store in the Northeast.

Analytics

Raised to Date: Raised: $74,500

Aggregate Commitments $

Platform

Wefunder

Start Date

05/07/2018

Close Date

10/31/2018

Min. Goal

$50,000

Max. Goal

$107,000

Min. Investment

$250

Security Type

Revenue Share

Funding Type

RegCF

Rolling Commitments $

Status
Funded
Reporting Date

10/31/2018

Days Remaining
Funded
% of Min. Goal

149%

% of Max. Goal

70%

Likelihood of Max
Funded
Avg. Daily Raise

$421

Momentum
Funded
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Location

Saranac Lake, New York

Industry

Retail Shops & Department Stores

Tech Sector

Saranac Lake Community Store is the first and only community-owned department store in the Northeast. They sell apparel for all family members, home essentials, crafts, yarns, locally made products, and books. Located in Saranac Lake, NY, their goal is the be the ultimate visitor destination for people that travel to their town and the ultimate go-to shop for all residents when it comes to essential items. So far, they’ve established themselves as a vital community resource -- their customer conversion rate is over 40%, they’ve been featured on the front page of the NY Times’ Sunday Business Section, and they’ve had over 1,800 people sign up for their Customer Rewards Program. With this campaign, Saranac Lake Community Store plans to open an e-commerce site, as well as go through a rebranding to help get their name out their more.
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Saranac Lake Community Store on Wefunder
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Platform: Wefunder
Security Type: Revenue Share

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