John Catsimatidis Business Quotations

Grocery stores can't afford to pay $80 a square foot. At that rate, we are going out of business.

The reason I grew so fast in the supermarket business, without help of the banks in those days, was through my vendors. I convinced my vendors, the companies I was doing business with, if I did more business, they would do more business.

I started in the supermarket business in the early '70s. And by '75, '76, I realized you don't have a business unless you own the real estate.

I put $5 million into the real-estate business when the world was coming to an end, and three years later, by 1980, I woke up and was worth a hundred. That's a lot of money back then.

I believe business has to do well and that the surrounding communities do well.