Community Owned Store Succeeding
Laramie, Wy – The community-owned Powell Mercantile store ended its fourth year of operation in the black and recorded its best financial performance.
The store opened in July of 2002 in downtown Powell. It has since become a model for other stores in small communities in the region.
The Powell Merc recorded a 2006 net profit of nearly 32-thousand dollars on record sales that were up eleven percent from 2005.
The Merc has never borrowed money. It is now planning to nearly double its floor space with expansion into a nearby building.