Grocery stores are an integral part of any community. The latest economic impact study conducted by the National Grocers Association (NGA) showed that independent grocers positively impact the US economy, with sales making up 33% of total grocery sales, up from 25% a decade ago.
Grocery stores are considered one of the best businesses during a recession, licensing a discount grocery store in the Capital Region with Save A Lot will allow you to give back to the community by providing them access to wholesome, fresh, and affordable, high-quality foods.
Why License a Grocery Store with Save A Lot?
Save A Lot is the future of food retailing! We offer a unique licensing opportunity to give customers a dignified and notable shopping experience. Save A Lot and its Retail Partners value quality and unifying communities. That’s why we strive to create personal connections and build strong customer bonds.
Our business model doesn’t come with stringent rules and regulations, providing you flexibility – with our ongoing support when needed. Our licensing opportunity stands out from the competition because we:
- Have a strong private-brand focus that offers 50+ exclusive brands at national brand quality or better!
- Prioritize convenience and efficiency by simplifying processes for our Retail Partners and customers with our limited assortment containing an average of 3,000 Stock Keeping Units (SKUs).
- Are dedicated to providing shelf-ready order packaging with our highly efficient labor model.
- Help licensees keep their overhead costs low with store sizes suitable for their operations.
Take Advantage of Our Licensing Opportunity in the Capital Region
In the most recent census, data showed that the Capital Region population has increased since 2020, meaning more Capital Region residents are at risk of facing food insecurity due to food deserts.
Investing in a grocery store with Save A Lot means you’ll become an integral part of the Capital Region community through our nationally supported programs and other charitable partnerships. That way, you can build a thriving business that caters to the needs of the locals.
The Cost of Licensing a Grocery Store in the Capital Region
By investing in a Save A Lot grocery store, you will bring an innovative licensing opportunity needed by your local community.
To license a Save A Lot grocery store, prospective investors must have a net worth of $1 million and liquid assets of $300K. Our licensing program eliminates unnecessary costs and covers what you need to get your grocery store up and running. Start up costs include:
- Starting Inventory
- Working Capital
- Leasehold Improvements
- Security Deposit
At Save A Lot, we understand that grocery store financing in the Capital Region may be challenging to access; that’s why we are open to third-party financing options like SBA loans, commercial banking loans, alternative lenders, and/or business partnerships.