Anyone going into business would like to believe they’re doing so in an industry that is thriving—after all, business ownership is challenging enough without having to struggle during economic downturns. The good news is the licensing model is better able to withstand those inevitable downturns, thanks to built-in benefits.
Save A Lot’s recession-proof grocery business opportunity allows owners to benefit from an essential industry that continues to meet the needs of millions of shoppers every year.
What Defines a Recession-Resistant Industry?
Recession-resistant industries are typically those that provide essential goods or services and, as such, are not as vulnerable to the effects of outside influences, pressures, trends, and so forth. Industries catering to basic needs like food, water, clothing, and utilities are all good examples. Looked at another way, these industries either provide an absolute necessity the public will always keep needing and buying or see demand rise due to whatever challenging conditions the economy may be under.
Starting a Grocery Store Business Means Choosing the Right Model
When you choose to make an investment, it’s essential to do your homework, as there are thousands of brands to choose from. We’re confident that once you do, you’ll appreciate everything the Save A Lot brand has to offer — to our Retail Partners and the communities they serve!
The fact is, it’s important to find an opportunity that has the potential to deliver solid returns, and the Save A Lot grocery store business is designed to increase your bottom line by maximizing efficiency at every turn. We’ve made the experiences of managing and shopping in our stores as simple as possible through an optimized business model that puts a premium on efficiency and value.
Limited SKUs Mean a Better Bottom Line for Your Business
One of the ways we make life easier for our licensees is by stocking fewer stock-keeping units or SKUs. This curated assortment allows us to keep our prices lower than our competitors while also maintaining a smaller footprint – around 15,000 square feet – leading to ease of operations and a convenient shopping experience.
But just because we’re curated doesn’t mean we’re limited. We offer a selection of goods that cover 90% of shopping needs, including fresh and frozen food items, dairy items, household supplies, and more. High-quality, private-label brands account for the majority of our offerings. This grocery store model makes Save A Lot the perfect destination for large weekly shopping trips and quick pickups alike.
An In-House Supply Chain for Dependable Distribution
If the pandemic proved anything, it’s how vulnerable supply chains can be. But Save A Lot owners don’t need to worry nearly as much about that as their competitors might. We control much of our own distribution, allowing us to manage costs more closely. Our dedicated distribution centers stock all Save A Lot products and ship directly to each store, knocking out the middleman. As a supplier of the bulk of our inventory, that means it’s easier for our Retail Partners to place orders and receive goods quickly and on time.
We even package and ship merchandise with convenience in mind, making sure products are visible, and packaging can be broken down easily. This strategy helps employees to get items onto the shelves faster and with less hassle.
Who Makes a Great Retail Partner?
If you’re curious about how to start a grocery store with us, you’ll be happy to know we do all we can to make it as easy as possible for people to take advantage of our opportunity. Save A Lot has helped hundreds of aspiring entrepreneurs get their grocery store business off the ground. But who makes a great Save A Lot Retail Partner? Well, we don’t look for a particular skill set or background, although prior experience in the grocery space is helpful. That said, over the years, we’ve found that there are a few types of people who make great Save A Lot grocery store owners. They include:
- Current grocery store owners who want to take things to the next level.
- Grocery store managers ready to leverage their experience for their own bottom line.
- Hospitality industry veterans who are ready to go into business for themselves.
- Investors looking to add grocery stores to their portfolios.
If any of these descriptions sound like you, there’s a good chance you’re qualified to open your own Save A Lot!
To find out more information about a Save A Lot licensing opportunity, reach out to our friendly team today!