Industry · municipality
Ethnic Grocery Store Industry in Vestby: Opportunities and Trends
An overview of the ethnic grocery store industry in Vestby, including economic trends, company landscape, and future outlook.
Executive Summary
Industry Overview
The ethnic grocery store industry in Vestby is part of the broader services sector in the municipality. Although specific data on the number of companies, sales growth, or employees in this subsector is not available, broader services statistics show growth in both employee numbers and sales over recent years. This indicates that Vestby has a dynamic services sector that could offer opportunities for new players in the subsector.
Development Trends
The services sector in Vestby has shown stable growth in employment, increasing from 267 in 2016 to 342 in 2026. Sales have also grown, rising from NOK 587 million in 2016 to NOK 940 million in 2024. This demonstrates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Opportunities and Challenges
For entrepreneurs considering starting an ethnic grocery store in Vestby, broader services trends may indicate a need for specialized services in the municipality. However, specific data on competition, customers, and market conditions in this subsector is lacking. It may be useful to conduct further market research to better understand potential opportunities and challenges.
Economic Overview
There is no available specific data on sales or employee numbers in the ethnic grocery store industry in Vestby. However, broader services statistics show growth in both employee numbers and sales over recent years. This indicates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Development in the Services Sector
The services sector in Vestby has shown stable growth in employment, increasing from 267 in 2016 to 342 in 2026. Sales have also grown, rising from NOK 587 million in 2016 to NOK 940 million in 2024. This demonstrates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Companies in the Industry
There is no available specific data on companies in the ethnic grocery store industry in Vestby. However, broader services statistics show that there are 51 companies in the services sector in the municipality. This indicates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Organizational Forms
There is no available specific data on organizational forms for companies in the ethnic grocery store industry in Vestby. However, broader services statistics show that there are 51 companies in the services sector in the municipality. This indicates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Business Geography
There is no available specific data on the distribution of companies in the ethnic grocery store industry in Vestby. However, broader services statistics show that there are 51 companies in the services sector in the municipality. This indicates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Company Localization
There is no available specific data on the localization of companies in the ethnic grocery store industry in Vestby. However, broader services statistics show that there are 51 companies in the services sector in the municipality. This indicates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Business Dynamism
There is no available specific data on bankruptcy statistics or bankrupt companies in the ethnic grocery store industry in Vestby. However, broader services statistics show that there are 51 companies in the services sector in the municipality. This indicates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Bankruptcy Statistics
There is no available specific data on bankruptcy statistics for companies in the ethnic grocery store industry in Vestby. However, broader services statistics show that there are 51 companies in the services sector in the municipality. This indicates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector.
Outlook
Outlook for Entrepreneurs
For entrepreneurs considering starting an ethnic grocery store in Vestby, broader services trends may indicate a need for specialized services in the municipality. However, specific data on competition, customers, and market conditions in this subsector is lacking. It may be useful to conduct further market research to better understand potential opportunities and challenges.
Opportunities in the Services Sector
The services sector in Vestby has shown stable growth in employment and sales over recent years. This demonstrates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector. Entrepreneurs should consider leveraging these trends to create value in the municipality.
Outlook for the Services Sector
The services sector in Vestby has shown stable growth in employment and sales over recent years. This demonstrates that Vestby has a growing services sector that could provide a solid foundation for new companies in the subsector. However, the data shows that there are 51 companies in the services sector in the municipality, indicating a competitive market space for new players.
Peer Companies in the Services Sector
There is available data on peer companies in the services sector in Vestby. These companies have a high EBITDA and could provide a solid foundation for new companies in the subsector. Examples of such companies include Brygga Mat As, Sletta Drift As, and Holdbart As Avd Vestby. These companies could provide a solid foundation for new companies in the subsector.
Other companies in tjenester (not in ethnic grocery store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Brygga Mat As | supermarket chain | Havnegata 4, 1555 Son | NOK 84.7M | 38 | NOK 5.6M |
| Sletta Drift As | supermarket chain | Sletta Næringspark, 1555 Son | NOK 82.3M | 28 | NOK 5.5M |
| Holdbart As Avd Vestby | supermarket chain | Høgdaveien 1, 1543 Vestby | NOK 91.9M | 41 | NOK 5.2M |
| Ng Kiwi Øst As Avd 599 Vestby | supermarket chain | Vestbyveien 31, 1543 | NOK 101.8M | 21 | NOK 4.6M |
| Coop Øst Sa Avd 1012 Extra Vestby | supermarket chain | Garderveien 15, 1540 Vestby | NOK 65.6M | 18 | NOK 2.6M |
| Sletta Drift Eiendom As | supermarket | Hollandveien 16, 1555 Son | NOK 0 | 0 | NOK 2.4M |
| Abdul Khalil Nori | gourmet food store | Støttumveien 19A, 1543 Vestby | NOK 13.5M | 5 | NOK 2.3M |
| Son Næring As | supermarket | Kollen Næringspark|Gamle Hobølvei 11, 1550 Hølen | NOK 0 | 0 | NOK 2.2M |
| Normal Norge As Avd No1120 Vestby Vestby Storsenter | discount store | Senterveien 6, 1543 Vestby | NOK 14.4M | 9 | NOK 1.6M |
| Zinzino As | food/beverages/tobacco stores | c/o Faun Pharma AS|Støttumveien 9A, 1543 Vestby | NOK 107.1M | 1 | NOK 1.5M |
| Rehabpartner As | other non-specialised store | Verpetveien 56, 1543 Vestby | NOK 4.9M | 5 | NOK 999.0K |
| Tom Remi Hansen Stenqvist As | supermarket | Gartnerveien 3, 1555 Son | NOK 87.8M | 23 | NOK 858.0K |
| Coop Øst Sa Avd 2861 Extra Vestby Senter | supermarket chain | Senterveien 6, 1543 Vestby | NOK 18.7M | 17 | NOK 744.9K |
| Sunkost Butikk As Sunkost Vestby Storsenter | health foods store | VESTBY STORSENTER|Senterveien 6, 1543 | NOK 10.1M | 6 | NOK 475.0K |
| Kiosk & Spill As | kiosk chain | Sagaveien 8, 1555 Son | NOK 6.1M | 19 | NOK 349.0K |
| Loccitane Norge As Avd Vestby | discount store | Vestbyveien 155, 1543 | NOK 5.6M | 1 | NOK 329.8K |
| Nykan As | fish store | Storgata 23, 1555 Son | NOK 20.7M | 12 | NOK 247.0K |
| Bli God As | food/beverages/tobacco stores | Seljebuveien 9, 1555 Son | NOK 3.6M | 1 | NOK 217.0K |
| Baku As | supermarket chain | Mølleveien 3, 1540 Vestby | NOK 0 | 0 | NOK 9.0K |
| African Bazar Mary Oghogho Sokol | supermarket chain | Høgdaveien 17, 1543 Vestby | NOK 0 | 0 | NOK 0 |
| Campbells Pureblyss | food/beverages/tobacco stores | Tors vei 42, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Daniel Fosso Enk | food/beverages/tobacco stores | Galbyveien 165, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Daniel Thømt Drift As | supermarket | Moderens vei 4, 1542 Vestby | NOK 0 | 13 | NOK 0 |
| Dents Ørjasæter | discount store | Bergstien 5, 1555 Son | NOK 0 | 0 | NOK 0 |
| Elin Merethe Myhrhaug | supermarket | Senterveien 6, 1543 Vestby | NOK 0 | 4 | NOK 0 |
| Feel It Pink Care By Elisabeth Vegel | discount store | c/o Elisabeth Vegel|Feierbakken 9B, 1555 Son | NOK 0 | 0 | NOK 0 |
| Fokus Vestby Ans Rummelhoff & Laabak | supermarket chain | Sentrumsv 15, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Gudmundsdottir | supermarket | Anna Cathrines vei 1, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Hassan Sgarena | food/beverages/tobacco stores | Idrettsveien 36B, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| I Nuet Da | discount store | c/o Mia Levén-Jensen|Krusebyveien 55, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Kheio Group | supermarket | Nummestadveien 6, 1544 Vestby | NOK 0 | 0 | NOK 0 |
| Krokstrand Badeplass Jens Hillbom | supermarket | Rødsveien 122, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Nille Son | other non-specialised store | Havnegata 2, 1555 Son | NOK 0 | 7 | NOK 0 |
| Sentire Holding As | other non-specialised store | Tømmersvendens vei 14, 1542 Vestby | NOK 0 | 0 | NOK 0 |
| Stasjon Kiosk Xuan Thi Nguyen | supermarket | Vestby stasjon, 1540 | NOK 0 | 0 | NOK 0 |
| Storybox As | other non-specialised store | Åsveien 3A, 1543 Vestby | NOK 0 | 0 | NOK 0 |
| Unni Pedersen | food/beverages/tobacco stores | Kullebunnveien 2, 1555 Son | NOK 0 | 0 | NOK 0 |
| Vestby Dagligvare Mohamad Ali | supermarket chain | Mølleveien 3, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Vestby Dagligvarer As | supermarket chain | Mølleveien 3, 1540 Vestby | NOK 0 | 0 | NOK 0 |
| Vestby Kolonial As | supermarket chain | Rådhusparken 24, 1540 Vestby | NOK 0 | 22 | NOK 0 |
Conclusion
The ethnic grocery store industry in Vestby has growth and development potential, especially in light of broader services trends in the municipality. However, specific data on competition, customers, and market conditions in this subsector is lacking. Entrepreneurs should consider conducting further market research to better understand potential opportunities and challenges.
Assistance from SmartGrunder
SmartGrunder can help entrepreneurs explore addresses in Vestby for the ethnic grocery store industry. This could provide a solid foundation for identifying potential locations and market conditions in the municipality.