“Mom-and-pop” is a colloquial term used to describe a small, family-owned, or independent business. Mom-and-pop stores often struggle to compete with larger establishments, such as big-box retailers, which have greater buying power. They offer personalized, local service and a unique community role. Historically, mom-and-pop stores were local, family-owned, and operated general stores or drugstores. Today, mom-and-pop establishments are synonymous with various types of businesses, including restaurants, bookstores, automotive repair shops, and insurance agencies.

Source: Wikipedia