Belmont Market

What Belmont Market does

Belmont Market is a family-owned independent supermarket operating from a single store at 600 Kingstown Road, Wakefield, Rhode Island, founded in 1947 as a seasonal fruit stand by Jack Siravo's grandfather and later expanded into a full-service grocery by Jack Siravo Jr. The business serves local Rhode Island consumers across Washington County and Jamestown with 11 in-store departments — Deli, Floral, Grocery, Health & Wellness, Meat, Prepared Foods, Produce, Seafood, Sushi, The Herb Wyfe, and Birdwatcher's Nature View — supported by 35,000+ SKUs spanning conventional, natural, organic, gluten-free, and specialty diet categories. Operationally it combines a full-service butcher (Certified Angus and Certified Natural Angus Beef), a scratch bakery, in-house sushi production (Sushi·Go!), and chef-led prepared foods (Progressive Grocer 2018 Deli/Prepared Foods Department of the Year).

The company runs four complementary revenue streams. Retail grocery and prepared foods sales are conducted in-store and through the company's own e-commerce platform at shop.belmontmarket.com, which offers home delivery to Washington County and Jamestown and free curbside pickup within 24 hours. A wholesale division, Belmont Fruit Company, supplies produce, dairy, and cheese to restaurants and food-service businesses with seven-day delivery and a $50 minimum order. Event catering (48-hour advance notice) and a gift-basket program round out the service mix, and a points-based rewards program with local merchant redemption supports retention. Pricing is unit-based for prepared foods (sandwiches $7.50-$9.95, grinders $5.99-$10.50) and transactional across grocery and wholesale, with SNAP/EBT accepted at retail.

The underlying technology is a conventional supermarket stack — POS, an own-storefront e-commerce site, prepared-foods and sushi kitchen infrastructure, and a wholesale distribution operation sharing the headquarters address. The company has no disclosed AI/ML capabilities, no patents, no funding rounds, and no external investors; ownership remains with the Siravo family and the business is concentrated in a single retail location with 41 employees. Marketing is executed through Facebook, Instagram, and email newsletter, with emphasis on local-supplier storytelling and community events.

Name

Belmont Market

Legal name

Belmont Market

Website

https://belmontmarket.com

Company type

Private

Founded year

1947

Operating status

Operating

Short description

Belmont Market is a family-owned independent supermarket in Wakefield, Rhode Island, founded in 1947, serving local consumers across 11 in-store departments and four revenue streams: retail grocery, e-commerce with home delivery, wholesale produce distribution via Belmont Fruit Company, and event catering.

Ownership category

akta.pro rank

Product category

Independent Grocery Retail

NAICS

Supermarkets and Other Grocery Retailers (except Convenience Retailers) (44511), Specialty Food Retailers (4452)

SIC

Retail-Grocery Stores (5411), Retail-Food Stores (5400)

akta.pro primary industry

Independent Supermarkets & Neighborhood Grocers (CRAHAAAB)

Keywords

• Independent grocery
• Prepared foods
• Fresh produce
• Catering services
• Wholesale produce

Headquarters

HQ city

Wakefield

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Retail Grocery Sales: Traditional supermarket revenue from sale of groceries, produce, meat, seafood, deli items, bakery, floral, and specialty products to individual consumers in-store and online.
2. Prepared Foods and Dining: Revenue from freshly prepared foods including hot case items, salads, sandwiches, calzones, soups, sushi, and catering services prepared by in-store chefs.
3. Wholesale Distribution: Belmont Fruit Company wholesale division supplies produce, dairy, and cheese to restaurants and food service businesses with daily 7-day delivery and $50 minimum order.
4. Rewards Program: Customers earn points for purchases and can redeem for store discounts, local gift cards, and partner merchant rewards.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Belmont Market is a family-owned independent supermarket in Wakefield, Rhode Island that sells groceries, fresh produce, meat, seafood, deli items, prepared foods, sushi, bakery, floral, and specialty products to local consumers. The store also offers event catering, online shopping with home delivery and curbside pickup, gift baskets, a customer rewards program, and operates a wholesale produce distribution division called Belmont Fruit Company that supplies restaurants and food service businesses.

Product overview

Belmont Market is a premier supermarket operating as a single-store independent grocery retailer in Wakefield, Rhode Island. Founded in 1947, the company offers a comprehensive range of departments including Grocery, Deli, Meat, Seafood, Produce, Prepared Foods, Floral, Health & Wellness, and Sushi (operated as the sub-brand Sushi·Go!). The business operates complementary service lines including Online Shopping with home delivery and curbside pickup, Event Catering with 48-hour advance notice, Gift Baskets for delivery or in-store pickup, and a Rewards Program for customer loyalty. The company also runs Belmont Fruit Company as a wholesale operation. Key sub-brands include The Herb Wyfe (herbs and wellness products) and Birdwatcher's Nature View (birding supplies). The Prepared Foods department was named Progressive Grocer 2018 Deli/Prepared Foods Department of the Year.

Differentiator

Problem solved

Functional benefit

Brands

• Sushi•go!: Award-winning and critically acclaimed Quick-Service Sushi Shop inside Belmont Market, making fresh sushi daily from 10am until 6pm.
• The Herb Wyfe
• Birdwatcher's Nature View

Products and services

• Online Shopping Home delivery and curbside pickup service providing online grocery shopping with daily deliveries to Washington County and Jamestown, plus free curbside pickup in as little as 24 hours, for individual consumers and families.
• Gift Baskets Fruit and gift baskets available for delivery or in-store pickup, including gift cards, designed for individual consumers seeking gifts for friends, family, or special occasions.
• Event Catering Catering services for special events, holidays, and gatherings with a wide range of menu options prepared by in-house chefs, requiring 48-hour minimum notice.
• Rewards Program Customer loyalty program allowing members to earn points per dollar spent and redeem for store discounts, gas coupons, local gift cards, and partner merchant rewards.
• Belmont Fruit Company Wholesale Wholesale produce, dairy, and cheese distribution to restaurants and food service businesses, delivering 7 days a week with no delivery charge and a $50 minimum order.
• Sushi·Go! Award-winning quick-service sushi shop inside Belmont Market offering fresh-made daily sushi, rolls, and sashimi using an exclusive blend of brown and white sushi rice, with vegetarian and vegan options available from 10am until 6pm.
• The Herb Wyfe Herbs and wellness department featuring Apollo Herbs, Herb Pharm tinctures, specialty tea blends, flower essences, essential oils, and organic teas for individual consumers interested in herbal and natural products.
• Birdwatcher's Nature View Bird supplies department offering a wide variety of bird seeds, suet, and feeders with knowledgeable staff assistance for birdwatching enthusiasts.

Quantifiable outcome

• Only top 7% of beef qualifies as Certified Angus
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Stew Leonard's: Family-owned independent supermarket chain in the Northeast known for a 'farmstand' experience, in-store theatrics, and premium fresh departments — closely comparable to Belmont Market's 'farmstandy' positioning and chef-led prepared foods approach.
• Roche Bros. Family-owned New England independent supermarket chain emphasizing fresh produce, in-house prepared foods, and a chef-driven store experience — directly analogous to Belmont Market's model and Southern New England footprint.
• Dave's Marketplace: Rhode Island–based family-owned independent supermarket chain focused on fresh produce, prepared foods, and a 'farmers market' feel — Belmont Market's closest same-state, same-format peer.
• Market Basket: Large family-owned independent supermarket chain in New England with an aggressive low-price, high-freshness positioning — comparable independent operator with strong produce and prepared foods capabilities.
• The Fresh Market: Specialty grocer focused on fresh produce, premium prepared foods, and a curated in-store experience — comparable to Belmont's premium assortment, chef-led prepared foods, and specialty department strategy.
• Citarella's: Independent premium specialty grocer and seafood market with strong prepared foods and catering — comparable family-operated, fresh-forward, premium-format operator with adjacent wholesale supply.

Broad incumbents

• Wegmans: Large-scale premium supermarket chain renowned for in-store prepared foods, sushi, bakeries, and broad specialty assortments — represents the scaled-up version of Belmont Market's chef-led, prepared-foods-led model.
• Whole Foods Market: National premium/specialty grocer emphasizing organic, local sourcing, prepared foods, and curated specialty departments — broader-scale analog to Belmont's premium, local-sourcing positioning.
• Trader Joe's: National specialty grocer with curated assortment, strong private-label, and a destination-shopping experience — relevant scaled analog for Belmont's curated, chef-influenced store concept.

Regional players

• Hannaford: New England–based supermarket chain with strong fresh departments, prepared foods, and store-brand penetration — a regional incumbent that competes with independents like Belmont on fresh quality and price.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/facebook
• Instagrambelmontmarket.com/instagram

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Belmont Market