Palmer Lakeside Mercantile LLC | Application Preview
Palmer Lakeside Mercantile LLC is seeking government grants to enhance its inventory. The business aims to introduce a variety of products, including clothing, home decor, and souvenirs, to capitalize on the revival of a historic fishing town. As the only store in the area, they see significant potential in attracting both locals and visitors.
The store owners, a couple in their 50s, faced permanent job loss due to the pandemic, prompting them to sell their home and invest in the mercantile as a means of creating employment for themselves. The husband, a Desert Storm veteran with three decades of experience as a jet engine mechanic, underscores their commitment to revitalizing the community, which has historical significance dating back to the mid-20th century.
While they face competition from larger retailers like Dollar General and Walmart, Palmer Lakeside Mercantile's unique advantage lies in its essential services for locals without transportation and for those staying in nearby lake cabins. The owners believe that increased inventory will not only improve their business but also contribute positively to the community's rejuvenation efforts.
-
General Information
Business Registration Number: Palmer Lakeside Mercantile LLC
Location: ROCKAWAY BEACH, MO, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
-
Funding Usage
For new inventory
-
Business Plan
We want to add new things ,the store is in an historical fishing town and its making a comeback, we are theonly store in town and i want to add clothes, home decor, souvinors, etc When covid started my husband and i was laid off permanently because the occupation we was in. My husband is a desert storm veteran and was a jet engine mechanic for 30 years. We are in our 50s, and hard to find employment. So we sold our home and used the money to buy this store out of state to create our own jobs. This little town has so much potential, and we want to help bring it back to life like it was in the40s, 50s and 60s
-
Self Identified Competition
Dollar general, walmart, country mart The town relys on our store because alot of the locals dont have transportation. And the lake cabins need the convience
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
