47th Dollar Food Mart, Inc

Retail · Chicago, IL

Business Summary

47th Dollar Food Mart, Inc, operating from 1714 West 47th Street, Chicago, IL, 60609 in Chicago's Brighton Park/Back of the Yards district, serves as an important retail anchor for the local community. In a neighborhood where accessible retail options matter, this establishment provides a combination of convenience, selection, and value that keeps customers returning regularly.

Location & Competitors

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Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Unknown
0m
50/100
Average
Medium
Unknown
0m
50/100
Average
Medium
Unknown
0m
50/100
Average
Medium
Unknown
0m
50/100
Average
Medium
+1 more competitor available in full report

Competitive Summary

Showing 4 of 5 competitors within 5km.

Financial Estimates

Market Analysis

SWOT Analysis

Strengths

Internal advantages

  • Quick-stop format meets immediate consumer needs efficiently
  • Strategic location captures walk-in and pass-through traffic

Weaknesses

Areas for improvement

  • Security concerns in high-traffic urban locations
  • Dependence on impulse purchases makes revenue less predictable

Opportunities

External potential

  • Expand product selection based on customer request tracking and sales data analysis
  • Explore wholesale or bulk purchasing cooperatives with other independent retailers to reduce costs

Threats

External risks

  • Supply chain disruptions from global events affecting product availability and cost
  • Shifting neighborhood demographics may alter product demand mix over time
  • Labor market tightness increasing wage costs and reducing staffing flexibility

Strategic Recommendations

Quick Wins

Implement this week

Growth Strategies

1-3 months

Risks to Monitor

Ongoing vigilance

Startup Ideas

AI-generated business opportunities inspired by this analysis

Digital Score

46/ 100
Fair

Quick Stats

Competitors5
Est. RevenueN/A
Digital Score46/100

Contact Info

1714 West 47th Street, Chicago, IL, 60609, 60609

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