Latest / Small Business Success with Fexingo: Local Companies, Main Street Stories, and Community Commerce
The Pop-Up That Became a Permanent Main Street Anchor
When a neighborhood in Portland lost its last general store, a group of residents didn't just mourn it—they turned a three-month pop-up experiment into a permanent, community-owned retail cooperative. This episode unpacks how the St. Johns Mercantile Collective raised $240,000 in member capital, recruited 47 local makers as consignors, and built a store that turns a profit while paying above-market rent. Lucas and Luna walk through the financial mechanics: the $25 membership share structure, the 60-40 revenue split with vendors, and how the co-op avoided the trap of undercapitalization…
The skinny
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