In a latest article, Forbes named Bi-Rite Market among the main 25 Best Small Companies in the U.S. Forbs article states that, Bi-Rite is setting the standard for supermarkets that champion locally sourced items developed by small producers. The SF-based grocery store was also known for offering all workers, including part-timers, medical coverage, a 401(k) with a 4% match, and benefit sharing.
Initially opened in the Mission in 1940, Bi-Rite Market has been in the Mogannam family since 1964. Siblings Jack and Ned ran it for over two decades until they were compelled to sell in 1989. In 1989, Swiss-based culinary specialist Sam Mogannam and his sibling Raphael purchased back the business in 1997. From that point, they’ve changed the little family basic need, introducing a salmon smoker, a hummus station, and a housetop beehive, and additionally disposing of the overfished salmon and tuna on the menu.
In 2006, Sam Mogannam opened Bi-Rite Creamery and Bakeshop. In 2008, he began an company farm in Sonoma, and then there’s the catering arm of the company. With everything taken into account, Bi-Rite rakes in $44 million yearly income. Not terrible for a little San Francisco market with only two locations!
New Belgium Brewing, Radio Flyer, and Torch Technologies were also in the listing.