Michelle and Seth Laliberte are passionate educators who have enjoyed the Rangeley Region for over 20 years. And like so many others, the COVID pandemic had them re-evaluating their career and life goals. Having always dreamed of owning a small store they began exploring the options in their local area. Simultaneously, the owner of “Ecopelagicon” in Rangely was looking to retire after 29 years of providing gifts and outdoor gear.
As they began the process of purchasing this existing business, their banker at Skowhegan Savings Bank recommended they connect with the Maine SBDC. This led to Michelle and Maine SBDC at AVCOG Center Director and Business Advisor Lori Allen working together to create a dynamic business plan and financial projections. They reviewed the previous owners financials and put together a strong package which ultimately led to Michelle and Seth securing bank financing through Skowhegan Savings! Which meant they could successfully buy the business! In June Rangeley Adventure Co. officially began providing their customers with the “best products and services to get the most out of your visit to the Rangeley Lakes Region” while staying true to the original vision.
Michelle commented “We would say that the Maine SBDC gave us the confidence of making our dream come true. We took a big leap but with the support of Lori we knew we could do it!”
Most importantly, she was looking for more flexibility for her and her family and now feels she is able to balance life more easily. 6 months on, things are still going strong and they’re looking forward to growing into the future! For more information about supplies and services check out their website and Instagram.