Independent grocery stores saw a 17% increase in average comparable sales last year. Escalated demand for grocery products due to the pandemic brought consumers back to independent grocers, helping these stores improve margins across departments.
Save A Lot’s licensing model features many industry advantages you won’t find anywhere else, and the cost to open a grocery store with us includes virtually everything you need to diversify your portfolio and strengthen your position in the market while working toward strong growth.
Save A Lot is your opportunity to build a thriving business with an efficient and effective licensing model. Whether you’re new to the industry or have decades of experience, we’re a unique opportunity to refresh your current system and achieve even stronger growth.
Our Licensing Model Stands Out as a Unique Grocery Brand
We’ve mastered our grocery store licensing model. We combine comprehensive training and ongoing support for our Retail Partners as they build their businesses from the ground up. Save A Lot’s licensing model stands out because it’s designed to save you time and money while allowing you to quickly see a strong return on your investment.
Unlike other grocery store opportunities, Save A Lot’s licensing opportunity:
- Has no franchise fees
- Passes on savings from our lower prices
- Coordinates in-house distribution for further savings and consistent stocking
- Offers operations support to keep you on the right track
- Gives Retail Partners the flexibility to localize their business
- And provides more freedom to run your business
Licensing Costs
Ready to open your own Save A Lot? Or perhaps prepared to convert your store to the Save A Lot program? Either way, we’re your opportunity to take advantage of a more competitive model!
While the exact amount can vary depending on factors such as the size of your store, the lease agreement, your store’s location, and more, here’s a rough outline of what you can expect to spend.
Save A Lot licensees have a net worth of around $1 million and liquid assets totaling $300K. We are willing to work with outside financing, whether through a business partnership or third-party financing.
Our licensing model eliminates unnecessary fees. This frees up our Retail Partners to spend more resources growing their business. With your initial investment, you’ll be covered for costs that include starting inventory, working capital, equipment, leasehold improvements, and a security deposit.
We offer a number of highly effective systems that Retail Partners can take advantage of that are cost-effective and include delivery services, advertising, IT, and accounting. In combination with the industry advantages of our business model (in-house distribution, streamlined ordering, marketing support, store development, merchandising support, comprehensive initial training, and ongoing support), you’ll have all the resources you need to run your business and thrive.
Plus, you can count on Save A Lot to be there every step of the way starting with our real estate opportunities. We provide strong real estate support to help you find the right location and build it out to achieve maximum efficiency. We’re dedicated to supporting our Retail Partners by providing retail grocery business support that includes field operations procedures, distribution services, and marketing assistance. What more could you ask for?
When you consider the cost to open a grocery business, Save A Lot offers a lot of opportunity to build a thriving business. Together, Save A Lot’s profitable licensing model and deep discount concept will allow you to leverage the high demand for savings.
Contact us today to learn more about the cost to open a Save A Lot grocery store and all of the support that comes with our brand.