First Black-Owned Supermarket to Sell Products From Mostly Black Farmers Raises $430K To Purchase The Property

The founders of WeBuyBlack and the developers of the first ever Black-owned supermarket that will primarily sell products from Black farmers and other food manufacturers have reached their first financial goal of $425,000 to purchase the property! 13,881 people have contributed to the campaign so far, and the Atlanta-based store will be called Soul Food Market, and will be the first grocery store of it's kind.


"We are super proud of our unity, and our team is even more inspired by our collective efforts to see this project come to fruition," said CEO Shareef Abdul-Malik in an email to their supporters and contributors.

The company will continuing to raise funds for the renovation of the 20,000 square feet building, and then for the operations. Renovation requires another $350,000 and operating the building requires another $420,000 for a grand total of $1.2 million to fully complete the project.

Just what the community needs

After sampling 500 hundred families in the local Atlanta area where they plan to open the first grocery store, Shareef's data showed that the average household spent $650 dollars a month for groceries. He comments, "With just 500 families, that’s over $3 million leaving our community each year. This campaign is not only to help keep our dollars in our community, but it’s also to provide our people with jobs."


Also, learn more by watching the video below:


As previously reported, it will also help Black entrepreneurs because the selection of naturally grown vegetables and fruits will be sourced from Black farmers in Georgia. Other products produced by Black-owned brands, ranging from everyday necessities such as diapers and detergent to all natural household cleaning products, will stock the shelves! The goal ultimately is to become a nationwide chain.

To learn more about the project and/or to make a donation, visit Soul Food Market 

Comments

Unknown said…
I am so proud of what you are doing with the black farmers.
Unknown said…
Wow! Great Job! Congratulations!!!
Unknown said…
This is amazing!!! Way to go 👏🏾
Unknown said…
Do you have O line shopping...
Unknown said…
The picture shown here is a black owned Grocery Outlet Store in Compton, CA. It has been open for 2 years now. This young lady was 36 years old when she first opened. I shop there frequently.
Unknown said…
Black unity had to start somewhere why not here go forward and may God continue to bless you
Unknown said…
Kid 1 says black people of the world unite and let's help this black business go-forward amen
Unknown said…
Good morning, what an awesome story. My organization ia located in Baltimore where we are trying to launch our own small food store in the middle of a "Food Desert". We could use some guidance. We can be reached at Rcarr@icarrefound.org
www.iCARReFound.org
443-985-3256
Unknown said…
What's the address...
FOOTWRIGHT said…
asfut.com is based in the Atlanta area and we want to with promotion. asfut@asfut.com
FOOTWRIGHT said…
asfut.com is based in the Atlanta area and we want to with promotion. asfut@asfut.com
Toney Norris said…
This is a huge milestone , im so proud to see this come to light , we need more Black owned Businesses like this one and not only for show but to also know that being able to get original and authentic fruits and vegetables that was grown with our the pesticides being sprayed all over them , I applaud the owners of this Store , congratulations and blessings to many more stores to come #EatHealthy #NoPesticides
Stephen Frazier said…
Donation my ass! Incorporate this business and sell stock like almost every other business does it and raise MILLIONS instead of thousands.
Otherwise when times get tough there will be more donations needed.
Unknown said…
Good job we finally did it
Chuck and Dave said…
I didn't know Grocery Outlet was Black owned. Learn something every day. This is amazing... if we can do more to promote black entrepreneurship, all around the US economy, this country will be so much better off!
Unknown said…
GOOD JOB..
AND may God Continue to Bless you.. All you do..
Unknown said…
Congratulations on your new store,God Bless with more Miracle Signs and Wonders 🙏

Popular & Trending Today!!!

51 Year Old Man In Ashville Pushes And Then Knocks Out 12 Year Old Black Girl!

Prisoner Who Died And Was Brought Back Claims His Life Sentence Has Technically Ended When He Died Momentarily And Was Revived

T.I.'s Daughter Likes Several Tweets Trashing Dad Over Virginity Talk 18-year-old Daughter Deyjah Harris To Ensure Her Hymen Is Intact

Joe Budden Promises To Beat Kevin Durant Ass For Stealing His Ex-fianacee Cyn Santana From Him

‘Asian White Supremacist’ Hank Yoo Arrested in Texas by Federal Agents

Blogger Cries Over Prospect Of 9-5 Job After Instagram Account Is Deleted

Kevin Hart and Others Suffers Major Injuries in Car Accident, With Back Injury...

Tips for the Best College Backyard Barbecue!

College Parties, 3 Things to Be Careful Of