GOOD FORTUNE SUPERMARKET, INC.

Name

GOOD FORTUNE SUPERMARKET, INC.

Legal name

Good Fortune Supermarket, Inc.

Website

https://goodfortunesupermarket.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Asian Grocery Retail

NAICS

Supermarkets and Other Grocery Retailers (except Convenience Retailers) (44511), Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110), Specialty Food Retailers (4452)

SIC

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

akta.pro primary industry

East Asian (Chinese/Japanese/Korean) Grocery Stores (CRAHAFAE)

Keywords

• Asian grocery retail
• Supermarket chain
• Fresh produce
• Premium seafood
• Chinese specialty foods

Headquarters

HQ city

Flushing, New York

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Retail Grocery Sales: Revenue generated from selling physical grocery products to consumers at retail prices. Customers purchase goods in-store at supermarket locations, paying at checkout for food items, household essentials, and Asian specialty products.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Good Fortune Supermarket operates a multi-location Asian grocery retail chain selling high-quality Asian groceries, farm-fresh produce, premium seafood, and everyday essentials to consumers through physical supermarket storefronts. The company serves the overseas Asian community in the Eastern United States, with locations in New York, Massachusetts, Rhode Island, Virginia, and Texas, and an online shopping option for its Quincy, MA store.

Product overview

Good Fortune Supermarket operates as a multi-location Asian grocery retail chain serving the Asian community in the Eastern United States. The company offers a comprehensive range of high-quality Asian groceries including fresh produce, premium seafood, and everyday essentials through its physical supermarket locations and an online shopping platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Good Fortune Supermarket retail stores Multi-location physical Asian grocery supermarkets selling fresh produce, premium seafood, and everyday Asian essentials to consumers in the Asian/Chinese-American community across the Eastern United States and Texas.
• Online shopping platform (ma.gfsuper.com) E-commerce grocery shopping platform serving the Quincy, MA Good Fortune Supermarket location, allowing customers to shop remotely for Asian groceries, fresh produce, and household essentials.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Kam Man Food: Long-running East Asian (Chinese) grocery retailer in the Northeast U.S. with flagship stores in New Jersey and Chinatown, Manhattan. Closely comparable in product assortment, customer base, and physical-store-only model.
• 99 Ranch Market: Taiwanese-founded Asian supermarket chain operating dozens of stores across the U.S., including the Northeast. Closely comparable in product mix (Chinese/Asian groceries, fresh produce, seafood) and target customer (Asian-American shoppers).
• H Mart: Largest U.S. Korean-American supermarket chain with broad Asian product assortment including Chinese goods. Directly comparable as a multi-state Asian grocery retailer serving similar diaspora communities in the Eastern U.S.

Others

• Chinatown Market / local Chinatown grocers: Independent single- and multi-location Chinese grocery stores in U.S. Chinatowns (e.g., NYC, Boston). Adjacent competitors for the same ethnic-grocery basket, generally smaller and less regionalized than Good Fortune's chain.

Emerging players

• Weee!: Online-first Asian and Hispanic grocery retailer delivering specialty items to U.S. households. Comparable on target customer and product assortment; differs by being digital-native rather than physical-store-based.
• Patel Brothers: Largest South Asian (Indian) grocery chain in the U.S. with stores across multiple states. Comparable as an ethnic-grocery specialty multi-store operator serving an Asian diaspora community, though targeting a different ethnicity.

Regional players

• Seafood City Supermarket: Filipino-American supermarket chain with U.S. locations primarily on the West Coast and a few in the East. Comparable as an ethnic-grocery specialty retailer serving Asian diaspora, though regional footprint differs from Good Fortune's.
• Mitsuwa Marketplace: Japanese-focused supermarket and food hall operator with U.S. locations concentrated in California and a couple of East Coast sites. Comparable as a pan-Asian specialty grocer serving diaspora shoppers, though with a Japanese rather than Chinese anchor.

Broad incumbents

• Whole Foods Market: Premium natural and organic grocery retailer owned by Amazon. Comparable as a multi-state specialty-leaning supermarket operator, though its product positioning (natural/organic) differs from Good Fortune's Asian-ethnic focus.
• Wegmans: Large U.S. regional supermarket chain with significant Asian product assortments in select stores. Overlaps as a grocery retailer competing for the same household grocery spend, but is a broad-line incumbent rather than an Asian-specialty operator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/good-fortune-supermarket-inc.

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 GOOD FORTUNE SUPERMARKET, INC.