Saranac Lake Community Store

Saranac Lake Community Store

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

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

Overview

Raised this Round: Raised: $74,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/06/2018

Close Date

10/31/2018

Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment

$250

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2007

Industry

Retail Shops & Department Stores

Tech Sector

Location

Saranac Lake, New York

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
Platform: Wefunder
Security Type: Revenue Share

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