Convenient Food Mart
The total investment to open a Convenient Food Mart franchise ranges from $35,500 to $212,600. The initial franchise fee is $40,500.
What is the Convenient Food Mart franchise?
Convenient Food Mart operates in the Supermarkets and Other Grocery (except Convenience) Stores sector, a category tied to community commerce and daily shopping. The brand is headquartered in MENTOR, OH and has 23 total units. Its positioning extends beyond a typical quick stop convenience store because this grocery category can include fresh produce, dairy items, packaged goods, and household necessities. That broader range can serve immediate needs as well as larger shopping trips and may encourage repeat visits from local customers. The 23 locations represent an established operating network that has developed over time around accessibility, product availability, and service to nearby communities. Each unit contributes to a shared identity based on dependable access to everyday staples. Essential goods can continue to draw demand during economic fluctuations, giving the business a foundation for buyers who want to operate in a local retail market. The MENTOR, OH headquarters provides a central base for support and development across the existing system and reinforces the brand’s regional operating focus.
Supermarkets and Other Grocery (except Convenience) Stores sell products that consumers generally need regardless of broader economic conditions. Food and household essentials create recurring demand, while the wider grocery retail market includes formats beyond traditional supermarkets and reaches a global scale measured in trillions of dollars. The U.S. grocery market alone generates hundreds of billions of dollars annually because consumers need regular access to food and household provisions. The category continues to respond to preferences for fresh, locally sourced, organic, and health conscious products while retaining demand for traditional staples. Convenient Food Mart’s classification places it in a broader grocery category than a smaller store with a limited selection. That positioning may allow a unit to offer a more varied product mix for shoppers purchasing immediate items or weekly groceries. As a result, the store can serve as a local resource rather than only a place for individual transactions. Buyers should still evaluate the product mix, local demand, competition, and operating costs for a specific territory before making an investment decision.
The initial franchise fee for Convenient Food Mart is $40,500. The fee is non refundable and provides franchise rights connected with the brand name, trademarks, proprietary operating systems, and initial training programs. The total estimated investment to open a unit ranges from $35,500 to $212,600. The range reflects differences in retail real estate, construction or renovation needs, and conditions in the selected market. An existing retail space requiring limited work could fall near the $35,500 level, with costs potentially covering inventory, initial signage, and minor leasehold improvements. A new location or an older property requiring substantial renovation could move toward the $212,600 upper end. That level may include extensive leasehold improvements, the purchase and installation of refrigeration units, shelving, point of sale equipment, security systems, and a larger opening inventory for a broader selection of grocery products. The estimate also includes other possible startup expenses such as grand opening advertising, working capital for the early operating period, utility deposits, and legal and accounting fees. The investment figures define the stated financial range for opening an operating Convenient Food Mart unit and should be reviewed alongside the requirements for a particular site. Buyers can use them when planning their capital needs and assessing financing options through appropriate lending channels. PeerSense introduces franchise buyers to SBA and conventional lenders, but PeerSense is not a lender and does not fund or approve loans.
The Convenient Food Mart system is intended to support consistency across its 23 units, although the source does not provide specific details about the training program. A typical initial program for a system of this type may include classroom instruction at the MENTOR, OH headquarters or another training facility. Topics could include brand standards, customer service, inventory management, merchandising, and employee management. Franchisees and key employees may then receive practical instruction at an existing Convenient Food Mart location. That experience could cover supplier relationships, delivery receipt, point of sale procedures, and responses to customer inquiries. Ongoing assistance in a franchise system may include operational guidance, field visits from franchise business consultants, performance reviews, strategic advice, and help with local market issues. Franchisees may also have access to a central support team for troubleshooting, marketing assistance using approved campaigns and promotional materials, and supply chain guidance related to product availability and pricing. A detailed operations manual would ordinarily describe the procedures and brand standards expected across the network. These support elements can help a new owner learn the daily requirements of grocery retail, but prospective buyers should confirm which services are actually provided in the current franchise documents. The available description connects the support structure with the brand’s 23 established locations and its headquarters in MENTOR, OH.
Convenient Food Mart does have a Loan Activity Score of 23. Loan Activity Score means Franchise Performance Index, and the score is described as an independent quantitative assessment typically generated by platforms such as PeerSense. A Loan Activity Score can combine data points involving brand strength, franchisee satisfaction, growth rate, and operating stability. It is not a direct earnings claim. The grocery category itself is supported by recurring demand for essential goods, although individual results will depend on inventory controls, supplier relationships, pricing, customer retention, and product availability. The MENTOR, OH headquarters and any operating assistance described by the franchisor may be relevant to that evaluation.
Convenient Food Mart has 23 total units, establishing a current footprint within the Supermarkets and Other Grocery (except Convenience) Stores market. The existing count indicates that the concept has operated through initial market challenges and has an established presence. The source does not provide a growth rate or specific future expansion plans. Grocery demand can create room for additional stores because communities continue to need access to food and household staples. Convenient Food Mart may occupy a position between a large supermarket chain and a smaller store with a narrow selection. Its local format may support a more personal shopping experience and stronger community connections, while its grocery classification may support a wider assortment that includes fresh items. A broader assortment can appeal to more types of shoppers and may encourage larger purchases. The combination of local convenience and grocery selection gives the brand a distinct position to evaluate in a target market. A 23 unit network may also create purchasing and marketing scale that independent stores may not have, which could affect product pricing and operating costs. The MENTOR, OH headquarters may serve as a central point for identifying markets, improving supply chain practices, and refining operations as the system develops. No stated expansion plan should be assumed, so a buyer should assess the actual territory, competition, customer base, and available support before relying on growth potential.
A suitable Convenient Food Mart franchisee would need an entrepreneurial approach, operating ability, and a commitment to serving the local community. Retail experience can help with inventory management, customer service, staffing, merchandising, and team leadership. A background in business management or retail may be useful when handling daily grocery operations, including staff schedules and product displays. Financial literacy is also relevant because the owner must manage a budget, control costs, set prices, and monitor the investment range of $35,500 to $212,600. The ideal owner is described as community minded and focused on product quality and the customer experience. A local grocery store can become a neighborhood gathering point, so the owner’s involvement with customers may affect loyalty and repeat business. Territory selection is a central part of the decision. Accessible locations in densely populated residential areas, near schools, workplaces, or major commuter routes may provide regular foot and vehicle traffic. Underserved communities and developing neighborhoods without comprehensive grocery choices may offer opportunities for a new unit to become a needed local service. The existing 23 units are described as strategically positioned, and the MENTOR, OH headquarters may provide guidance when identifying territories that fit the brand’s operating factors. Buyers should test those factors against local population, access, competition, and grocery demand before selecting a site.
Convenient Food Mart gives buyers an opportunity to consider entry into the Supermarkets and Other Grocery (except Convenience) Stores sector through a system with 23 total units. The franchise fee is $40,500, and the total estimated investment ranges from $35,500 to $212,600. The unit count provides evidence of an operating network, while the grocery category is connected to recurring consumer demand for food and household essentials. Buyers should consider that score with the stated costs, unit count, territory conditions, operating requirements, and the information in the franchise disclosure materials. The brand is headquartered in MENTOR, OH, and the described support system is intended to assist owners with establishing and operating a local grocery business. PeerSense provides franchise research and introduces buyers to SBA and conventional lenders for financing discussions. PeerSense does not lend, fund, or approve loans. A buyer considering Convenient Food Mart should confirm the current fee, investment, training, support, territory, and financial information before proceeding.
Loan Activity Score
23/100
SBA Default Rate
18.8%
Active Lenders
14
According to its Franchise Disclosure Document or public business records, Convenient Food Mart has 22 locations, all owned by franchisees. Public SBA loan records show 14 lenders made 32 loans to franchisees of Convenient Food Mart. PeerSense calculates Convenient Food Mart's score as 23 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1958 · 22 locations
$35,500 to $212,600
$40,500
22
22 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Convenient Food Mart
32
Total SBA loans
$122K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Convenient Food Mart
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
18.8%
vs 13.6% peer avg
SBA Loans
32
Total Volume
$3.9M
Active Lenders
14
1 selective
States
6
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Convenient Food Mart based on SBA lending data
SBA Default Rate
18.8%
5.2% above peer avg
SBA Loan Volume
32 loans
Across 14 lenders
Lender Diversity
14 lenders
Avg 2.3 loans per lender
Investment Tier
Mid range investment
$35,500 to $212,600 total
Convenient Food Mart: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
1995
6 approvals. The best year on record for Convenient Food Mart.
Top SBA State
Ohio
23 SBA financed Convenient Food Mart locations, the densest operator footprint.
Average Loan Size
$122K
Median $115K. Use as a sizing anchor when modeling your own Convenient Food Mart unit.
Lender Concentration
56.3%
Concentrated
Share of Convenient Food Mart approvals captured by the top 3 SBA lenders.
Convenient Food Mart's SBA lending pipeline peaked in 1995 (6 approvals). Operator density is highest in Ohio with 23 SBA financed locations. Average funded ticket sits at $122K, with the median at $115K. Lender mix is concentrated: the top three SBA lenders account for 56.3% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$367
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Convenient Food Mart, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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