A Unique Grocery Store Licensing Opportunity in Greater Birmingham
Like everything else, food prices are soaring due to inflation, and everyone is affected. To alleviate some of the challenges the Greater Birmingham community faces, Save A Lot offers an amazing grocery store licensing opportunity for investors.
A study conducted by the USDA ERS shows that food prices in 2021 went up by 3.5%, breaking the 20-year historical 2% annual inflation rate. The study also indicates that food-away-from-home spending accounted for 55% of total food expenditures in 2021 – meaning the low consumption of high-quality, healthy, and fresh foods may contribute to poor diet, obesity, and other diet-related illnesses.
With more than five percent of Alabama and surrounding population residing over a mile from the nearest grocery store, the Save A Lot grocery store licensing opportunity in Greater Birmingham is a wise investment that offers the community much-needed accessibility to affordable and healthy food. Here’s why you should partner with us.
Why License a Grocery Store with Save A Lot?
Save A Lot presents a unique and compelling opportunity for Retail Partners to invest in an established licensing program. In the US, the discount grocery segment has been growing exponentially and positioned amongst the highest growth rates in retail at 7%. With a market size of $811.5B, the grocery store industry increased faster than the overall economy compared to five years ago.
Our profitable, flexible, recession-resistant business model allows Retail Partners the autonomy to run their businesses as they see fit, with additional support from our team of experts when needed. Save A Lot’s discount principles of rigorous simplicity and cost control include:
- Our private brand focus that’s the key driver of value for our customers by offering 50+ exclusive brands at national brand quality or better, and we create category differentiation with real brand equity.
- Our stores’ convenience and efficiency, which simplifies processes for our Retail Partners and customers. Our limited assortment contains an average of 3,000 Stock Keeping Units (SKUs), tailoring your in-store selection to the families of Greater Birmingham
- A highly efficient labor model that’s dedicated to providing shelf-ready order packaging.
- Smaller convenient locations that facilitate quicker and more convenient shopping trips for consumers and a lower cost to build due to size and efficient store design for Retail Partners.
Why Take Advantage of our Licensing Opportunity in Greater Birmingham?
Save A Lot offers a unique recession-resistant business necessary for the Greater Birmingham community, especially with the prevalence of high food cost. By opening a grocery store with us, you’ll be helping the local community access healthier and affordable food, while being part of the second largest limited assortment grocery network in the USA that’s proud to stand out from the competition.
As a Save A Lot Retail Partner, you’ll also benefit from our strong neighborhood focus. This means we’ll help you stock products tailored to suit the Greater Birmingham local community. That way, your customers’ needs will be accurately catered to. As a brand, we also encourage charitable partnerships to uplift the community you serve.
Why Now Is the Perfect Time to Open a Save A Lot in Greater Birmingham
Due to the escalated demand for groceries, Save A Lot has an established grocery store licensing model designed to help prospective Retail Partners like yourself succeed. With a combination of our ongoing support and comprehensive training for Retail Partners, our licensing model stands out from the rest by saving you time and money and allowing you to serve the Greater Birmingham community with pride.
The cost to open a grocery store with Save A Lot requires a net worth of $1 million and liquid assets totaling $300K. So, what are the available options to finance a grocery store? Plenty! Save A Lot is willing to work with alternative financing options .
Now, more than ever, the Greater Birmingham community would benefit from a discount grocery store that makes accessing healthy, high-quality, affordable food easier! If you have any questions, we’d love to answer them and provide you with more information on Greater Birmingham opportunities. Contact us today!
