Thinking about expanding your investment portfolio to include a grocery store option? Save A Lot offers a standout licensing opportunity that’s designed to save you time and resources as you break into the discount grocery business. We make it easy to expand your portfolio and open a grocery store!
Investing in a licensing opportunity with Save A Lot allows you to build your business and thrive using our time-tested model. We’ve opened hundreds of stores over the years, so we’ve designed our model to save you both time and money while seeing a strong return on your investment.
Our highly efficient grocery store model makes licensing simple for our independent Retail Partners. By operating our own distribution centers, utilizing a smaller footprint store layout, and featuring a limited assortment of SKUs, we can keep overhead costs lower for Retail Partners and offer lower prices and ultimate convenience for our customers.
Plus, Save A Lot is a trusted brand name in the industry. We’ve been building a strong reputation for quality and value since 1977. With our experience, you’ll greatly reduce the chances that you’ll run into unexpected costs. We value our Retail Partners and want to ensure you’re getting the most for your investment.
A Booming Grocery Industry
You should know that it’s a great time to consider a grocery store licensing model with Save A Lot. The US supermarkets and grocery store industry is currently valued at $765.2B. The expected outlook for the next five years is for the industry to benefit from the pandemic’s lessening impact, forecasting the national unemployment rate to decline, consumer spending to increase, and lower input costs as a result of global supply chain issues to decrease.
The grocery industry has been growing for years, and what’s more, discount grocery is expanding exponentially. Discount grocery stores like Save A Lot are positioned to see high growth rates in the retail segment at 7%, with only a 3% market share. This booming industry has plenty of opportunities for newcomers to thrive.
Our Grocery Licensing Investment
There’s a lot that goes into opening grocery retail stores. When you choose a licensing opportunity with Save A Lot, you can rest assured that virtually everything you need to get started is included. While certain factors like the size and location of your store, the lease agreement, and more can impact the total amount, we can provide a breakdown of the key costs.
To become a Retail Partner with Save A Lot, you’ll need to have a net worth of around $1 million and liquid assets totaling $300K. Your initial investment covers starting inventory, working capital, equipment, leasehold improvements, and security deposit, as well as our team support every step of the way.
We’ll Show You the Ropes
Worried you don’t know if you have enough experience? Don’t be! Our Retail Partners have a wide range of experience and come from many different backgrounds. Save A Lot features a comprehensive training program that will get you up to speed quickly, along with access to valuable resources as you grow your business.
We provide our Retail Partners with site selection support, operations and distribution support, a detailed operations manual, ongoing support, and much more! While you’ll be in business for yourself, you’ll never be by yourself.
Save A Lot’s licensing opportunity is a great way to learn how to start a grocery store and build a thriving business for a strong return on your investment.
Contact Save A Lot today to learn more about our grocery store licensing opportunity and all of the support that comes with it.