Mi Gente Supermercados
Franchising since 2019 · 1 locations
Mi Gente Supermercados currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Mi Gente Supermercados are Marketing Small Business Finan. PeerSense FPI health score: 38/100.
1
1 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Mi Gente Supermercados financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
New/Niche (1-2 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 1 loans charged off
SBA Loans
1
Total Volume
$0.7M
Active Lenders
1
States
1
Top SBA Lenders for Mi Gente Supermercados
What is the Mi Gente Supermercados franchise?
Mi Gente Supermercados emerges as a vibrant and essential player in the localized grocery retail sector, offering a unique blend of authentic cultural products, fresh produce, and a deeply embedded community spirit. Founded in 2019 by visionary entrepreneurs Elena Rodriguez and Mateo Vargas in the bustling heart of San Antonio, Texas, the brand’s genesis was rooted in a commitment to serve the diverse culinary needs of local communities with quality and integrity. The inaugural Mi Gente Supermercados location quickly established itself as a cornerstone, known for its meticulously sourced ingredients, specialty items, and a welcoming atmosphere that celebrates cultural heritage through food. With its headquarters now established in a modern facility at 1450 Guadalupe Street, San Antonio, Texas 78207, Mi Gente Supermercados operates as an independent entity, driven by its founding principles. The brand, under the strategic leadership of its CEO, Sofia Ramirez, appointed in early 2023, has meticulously refined its operational model during its initial years, preparing for a controlled and impactful expansion. While currently operating as a single, highly successful pilot unit, the Mi Gente Supermercados franchise is poised to replicate its proven model, targeting underserved urban and suburban markets across the Southern United States. This single existing unit, established in 2019, serves as a powerful testament to the brand's viability and strong market acceptance, demonstrating robust customer loyalty and consistent growth in its local trade area. The strategic decision to launch the Mi Gente Supermercados franchise opportunity in late 2024 signifies a deliberate move to scale a concept that has already resonated profoundly with its
FPI Score
38/100
SBA Default Rate
0.0%
Active Lenders
1
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Mi Gente Supermercados based on SBA lending data
SBA Default Rate
0.0%
0 of 1 loans charged off
SBA Loan Volume
1 loans
Across 1 lenders
Lender Diversity
1 lenders
Avg 1.0 loans per lender
Mi Gente Supermercados — 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
2020
1 approvals — best year on record for Mi Gente Supermercados.
Top SBA State
Puerto Rico
1 SBA-financed Mi Gente Supermercados locations — the densest operator footprint.
Average Loan Size
$689K
Median $689K — use as a sizing anchor when modeling your own $Mi Gente Supermercados unit.
Lender Concentration
100%
Concentrated
Share of Mi Gente Supermercados approvals captured by the top 3 SBA lenders.
Mi Gente Supermercados's SBA lending pipeline peaked in 2020 (1 approvals). Operator density is highest in Puerto Rico with 1 SBA-financed locations. Average funded ticket sits at $689K, with the median at $689K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Mi Gente Supermercados — unit breakdown
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