Eagle Mart

Eagle Mart, Inc. was established seven years ago by Ittifaq A. Choudhry, and was incorporated last year. Eagle Mart recently purchased Schwartz Market in Pittsburgh, a well-known family-owned grocery store established in 1920.  The previous ownership had been in place since 1988.

Eagle Mart, Inc. offers added convenience by introducing an express checkout system, adding a health and beauty aid section, and tobacco products, novelty items and hot prepared foods to its inventory. Customers also have the convenience of paying utility bills onsite and purchasing money orders and postage stamps. Eagle Mart plans to extend the store’s hours of operation in the coming months.

The store is licensed for the Food Stamp and WIC programs by the Allegheny County Health Department to serve underprivileged clientele.

Mr. Choudhry, the sole shareholder of Eagle Mart, Inc., has been in the grocery store business since 1988, and has extensive experience in the retail sector. He was promoted to Manager within a year of working at Dairy Mart, Inc. in Connecticut. He franchised his first store in March 1991 in Rankin, Pa., which he developed into a three store chain in the area. Three years later, he bought the franchise outright and established Super Stop Inc.

Mr. Choudhry came to the Duquesne University Small Business Development Center (SBDC) with a great deal of energy and enthusiasm and a draft business plan. The SBDC consultant worked with him to review potential funding sources including public and private entities, conduct demographic research, develop cash flow projections and refine the business plan.  The SBDC consultant also reviewed the services offered by area organizations such as the SBA, DCED and PennTap.

The client was able to complete his business plan and cash flow projections, agree on the purchase of the building and business, secure a combined $320,000 in funding from owner equity, a private investor, a commercial bank loan and the URA, and successfully open his doors for business.  During the first few months of business, Mr. Choudhry was able to make building renovations, add new product lines and exceed his projected sales goals.

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Experienced retailer Ittifaq A. Choudhry came to the Duquesne University SBDC for assistance with his own store.