LOS ANGELES, CA — Quick Mart is on the fast track to expansion. After its recent openings in Murrieta and Poway, the convenience store chain inaugurated its latest franchisee operation in South Los Angeles. Located at the intersection of Florence and Van Ness Avenues,
The grand opening on March 28 drew crowds of customers, forming a long line snaking down the sidewalk in front of the new Quick Mart, patiently waiting to be granted permission by a security guard to enter the store and purchase a hot dog for 25 cents or a chilled soda bottle. There was an air of celebration as customers were entertained by a team of a local radio station in the parking lot.
Present at the inauguration were Quick Mart’s Bob Telson, marketing consultant for Quick Mart’s expansion; L. David Patterson, Vice President of Operations and Hawthorne’s city treasurer; Raj Narang, Vice President of Sales and his wife Monica Sharma, National Senior Sales Representative Telson highlighted that the company is making every effort to integrate itself within a community and connect with local residents and businesses. Patterson expanding on the customer service model said Quick Mart aimed at bringing a high quality convenience store experience to the local community and to ultimately become a household name in the convenience store industry throughout California. Quick Mart offers a better option for franchisees to be in business and build a business.
On an optimistic note, Narang said the Los Angeles opening is just the beginning and the franchise will be increasing its presence in the city adding that the Quick Mart brand equity was really growing. Narang disclosed that Quick Mart aims at opening as many as 25 new locations, among them Glendale and Anaheim, by the end of 2015.
Monica Sharma said Quick Mart is financing project costs of up to 50 percent for owners going in for multiple stores (minimum two). Exclusive territory is available for $75,000 which means exclusive right for an entire city. The build-out time is quick, 60 to 90 days after city approval and plan check. The company is growing at 250 percent rate and foresees Quick Mart to be a major player in the retail/convenience store segment. The company is also offering private stock options to senior investors with a decent dividend. Quick Mart also plans to have an Initial Public Offering (IPO).
Quick Mart Los Angeles is located at 2171 Florence Avenue .