Ribbon cutting to mark historic store's transition

SILVER BAY | The Silver Bay General Store, in coordination with the Ticonderoga Area Chamber of Commerce (TACC), the Center For Businesses In Transition (CBIT), and the Adirondack North Country Association, will host a Business Transition Celebration and Ribbon Cutting Thursday, May 26, at 5 p.m. The event at the store's 8417 Lakeshore Drive location will kick off Memorial Day Weekend in the Ticonderoga area, officially welcoming the new owners, Paul and Joanne Budd, as well as highlighting the expansion of the community staple and anchor business. Despite the challenges many small businesses are currently experiencing, some are not only surviving but growing, including ones under new ownership, like Silver Bay General Store. The store has been serving residents and visitors of the lakeside hamlet of Silver Bay since 1927. Under Budd's leadership, the store has expanded its products and services, made significant upgrades, and plans are underway to continue to diversify their offerings. "We're hoping to continue to revitalize the General Store to better serve the varied needs of both year-round residents and seasonal visitors," Budd said. "We don't want the store to simply carry basic staples and sundries, as we are not just another convenience store. We'd like to offer a wider variety of locally made and sourced items and make the store a destination rather than an afterthought. By purchasing from local suppliers, artisans and businesses and providing quality food and services, we'll support the surrounding community and provide a more unique Adirondack-style experience." Paul Budd originally connected with Matthew Courtright, President and CEO of the Ticonderoga Area Chamber of Commerce, at CBIT's Small Communities. Big Opportunities. virtual conference in February 2021, coordinated by the Adirondack North Country Association. It was then that he and his wife, Joanne, began actively pursuing their interest in purchasing the general store. With further guidance and assistance from area professionals and resources, they completed the purchase in October 2021. "The conference gave me a lot of useful information about next steps and connected Joanne and me with the services and resources we needed to make this transition happen," said Budd. "I'm grateful for Matthew's support through the past year and assistance from the SBDC and other local professionals. Their knowledge and guidance made the process of purchasing a lot more manageable." Courtright said, "The Budds are passionate about the region, the community, the store's history, and the future of the store as an anchor business for Hague and Silver Bay. We're glad to see them take the helm, and we're eager to help more local businesses transition to the next generation of owners." The Silver Bay General Store offers an array of high-quality groceries, sundries, coffee, breakfast sandwiches, deli items, subs and sandwiches made to order, snacks, beer, ice cream, fresh local foods, baked goods, local crafts, and more.

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Ribbon cutting to mark historic store's transition

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