GroExpo > Potentials > African & Caribbean Food Store

 

Food is high up there with oxygen and if we look around us at most of the so called African & Caribbean food stores across the UK, they are primarily run by Asians who seem to have cornered a market which should be dominated by Black Entrepreneurs.

In December 2018

East Street Market: 7Million

Peckham Market:    £11 Millon

Brixton Market:      £13 Million

 

All this money spent by Black families but how much did you make from all the sales above?

GroExpo is looking for some smart Entrepreneurs who are interested in the space to collaborate with to disrupt the space. If you have a business plan or are working on one, we would like to hear from you.

 

ROUGH START UP ESTIMATES

Average Starting Capital Needed: £250,000

Average Yearly Profit margins:     20%

Employees per store:                           5