While it might seem like you could take on opening a store by yourself, there are many reasons to consider a grocery store licensing opportunity with Save A Lot instead of going it alone.
During the pandemic, grocery stores truly illustrated their strength and perseverance. Whether you’re looking to diversify your portfolio or strengthen your position in the market, grocery stores are a resilient, recession-resistant option, and Save A Lot is an excellent choice for a partner.
Here are five reasons why you should consider licensing with Save A Lot:
1. You’ll save money and get so much more in return.
It’s estimated that opening a grocery store by yourself can easily surpass $500,000. In turn, for $300,000, Save A Lot’s licensing opportunity covers virtually everything it takes to get started including inventory, working capital, equipment, leasehold improvements, security deposit, training, and support. While the exact amount will vary depending on factors such as the size of your store, your lease agreement, and your store’s location, you’ll have fewer unexpected costs over time.
2. You’ll adopt a proven business model with an established brand.
As the nation’s leading independent discount grocery chain, our highly efficient grocery store model helps you get the most for your money. We’ve opened hundreds of stores over the years and have streamlined our proven business model to include many advantages to simplify operations. Our licensing opportunity features a low-cost service model, award-winning private label brands, limited assortment, our everyday low pricing (EDLP) strategy, world-class distribution, and a neighborhood focus to set your store up for success.
3. You’ll receive unbeatable training and support.
We work with Retail Partners who come from all walks of life and have a range of experiences. Our comprehensive training program is designed to get you up to speed on how to run your Save A Lot with many valuable resources along the way to grow your business. Our continuous support includes real estate site selection support and lease negotiation assistance and ongoing help with field operations, distribution support, and marketing. So while you’re in business for yourself, you’ll never be by yourself.
4. You’ll break into a billion-dollar industry.
With the U.S. food retail industry estimated at a whopping $759.57B in 2020, it makes sense that investors are interested in becoming a part of this behemoth industry. The discount grocery store model is positioned among the highest growth rates in retail, and there’s plenty of room for newcomers to thrive.
5. You’ll have opportunities to expand.
We provide Retail Partners with the opportunity to open multiple locations at once. This way, you can leverage the time and effort you’ve spent mastering our business model, cultivate a larger customer base, and quickly build a strong following in your area.
Investing in a licensing opportunity with Save A Lot has many advantages over going it alone; it’s a great way to break into the booming retail industry with an edge over the competition.
Contact Save A Lot today to learn more about our licensing opportunity and all of the support that comes with it.