2010 Revenues: $1.1 million
5-year Annual Growth Rate: 33%
CEO: Kris Hart
Location: Washington, DC
About the business:
FoBoGro, aka Foggy Bottom Grocery, is a grocery store and sandwich shop located in Washington, D.C.'s Foggy Bottom neighborhood. With funding from investors found through the George Washington University alumni network, Kris Hart and Devlin Keating bought the failing business and turned it around. The entrepreneurs added an eatery to the grocery store and offered what the GW community had been missing: a one-stop shop to meet all of the food needs of area college students. Foggy Bottom Grocery largely employs local students.
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