Small grocery and deli looking to locate Downtown, seeks CCC incentives
Memphis Business Journal
Photo: Lance Murphey
Some local business people are looking to bring an upscale international grocery and delicatessen to Downtown.Rahim Virani and Hamida Pirani Mandani, owners of the City Market Groceries & Deli concept, have submitted a retail forgivable loan application to the Center City Development Corp. They will appear before the board on Feb. 17. Staff has recommended approval for the $40,000 loan. The loan will go toward the business’ start-up cost of $231,486.
Virani and Mandani are planning to sign a five-year lease for 2,880 square feet on the ground floor of Radio Center Flats, located at Main and Union. The business at 66 S. Main will sell gourmet and specialty foods, as well as prepared dishes. It will have a small dining area and a limited menu for breakfast, lunch and dinner. The entrepreneurs, who are planning to open City Market by May, also plan to apply for a $30,000 facade improvement grant.