ABOUT US
LEADERSHIP
RICHARD'S AT A GLANCE
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Richard’s at a Glance
Fact Sheet
Overview
Richard’s Foodporium is a retail natural and specialty foods chain based out of Sarasota, Florida. The Richard’s concept is founded on a principle of providing affordable natural and specialty foods in convenient neighborhood stores.
Products
- Natural, organic and specialty foods
- Vitamins & supplements
- Personal care products
- Frozen & dairy
- Huge bulk foods selection
- Growing selection of quality private label products
Format
Richard’s Foodporium stores are designed for efficiency, convenience and a positive shopping experience. The ambiance is of a vintage neighborhood market, and creates a uniquely nostalgic and intimate shopping experience. Stores are located in convenient neighborhood settings, average 1800-2500 square feet and provide a wide array of top selling groceries, supplements and bulk foods.
Locations
There are currently 11 corporate stores, one franchise store and franchise locations are available. Richard’s affiliate distribution center, packaging company, and General Contracting services are all centrally located in Sarasota, Florida.
Founder and Current Proprietorship
1979, by Richard Downey
1997, purchased by John Rorer and partners
2005, John Rorer becomes sole proprietor
Marketplace
Industry experts conclude that retailers focused on natural products experience strong consumer loyalty and sales momentum, even in times of economic uncertainty1. Natural and specialty foods is a $112 billion recession-resistant industry that continues to enjoy dramatic growth annually2. Over 83% of US households now purchase natural grocery products3. In a competitive landscape, the marketplace is yet underserved and lacking in neighborhood retailers in many communities across the country. Richard’s Foodporium is in a strong position to capture marketshare with its unique décor, efficient business format and track record of success.
Download Richard's Foodporium Franchise Opportunity PDF brochure here
1SPINS, the leading information and service provider for the Natural Products Industry; “The Importance of the Natural Retailer,” November 4, 2008.
2Nutraceuticals World; “Health and Wellness Sales Top $112 Billion,” 2009.
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