Save-A-Lot food stores Business Opportunity

What is the opportunity?

Save-A-Lot is the nation's leading hard discount grocery chain with over 1,300 stores across the U.S. and Caribbean. We offer a unique niche in the grocery industry which has made us one of the fastest growing grocery retailers in the nation. Our business model is designed to help entrepreneurs succeed and compete effectively in the grocery industry by offering smaller efficient stores, our exclusive private label brands, the buying power of over 1,300 stores and an efficient, low operating cost operation. SaveA-Lot is offering significant capital incentives -a minimum of $200,000-to qualified candidates.

Where do we target our store growth?

Population of at least 35,000 in the primary trade area; 20,000 in rural areas. High percentage of families with children. Total building size of approximately 12,000 to 18,000 square feet. Excellent line of sight for visibility with good ingress and egress. Cotenancy with other value-oriented retailers desired. To learn more about development opportunities available in your area, please visit http://save-a-lot.com/own/available-opportunities/

What are Save-A-Lot's qualification requirements?

Previous business experience (grocery or retail preferred but not required). Ability to follow the Save-A-Lot program. Solid personal financial history. Net worth of at least $1 million and cash liquidity of $300,000. Local knowledge, relationships and expertise in consumer preferences, real estate, government regulations and labor laws. Plans for multiunit development are encouraged and special financial incentives apply.

The Save-A-Lot System

• Brand: Save-A-Lot is the third largest grocery store banner in the U.S. and the nation's leading hard discount grocery retailer available to entrepreneurs. We are a subsidiary of SUPERVALU, a Fortune 500 company and one of the largest independent grocery wholesalers in the U.S.
• Training & Support: You will have the entire Save-A-Lot team behind you every step of the way including owner and management training programs, on-going operations, IT and marketing support and accounting services.
• Buying Power: Save-A-Lot sets the standard in grocery distribution and logistics. We provide the product variety, on-time delivery, competitive rates and services to our licensees so they can meet the needs of their customers. Our network of 17 dedicated distribution centers delivers overall product integrity, order accuracy and exceptional service in the tightest of delivery schedules whether ordering groceries, meat, produce, dairy or frozen foods.
• Financial Support & Incentives: Preferred financing programs are available through Save-A-Lot's lending partners to help you get started. We meet the SBA requirements for expedited loans. And since we are not a franchise there are no costly franchise fees or royalties. SaveA-Lot is offering significant capital incentives -a minimum of $200,000-to qualified candidates.

Fast Facts

Licensing Since: 1978
Multi-Unit Licensee Operating Units: 68%
Total License Operating Units: 946
Company Operating Units: 381
Capital Investment: min. $300,000 per store
License Fee (per unit): $0
Royalty Fee (per unit): 0%
Advertising Fee (per unit): 0%
Financial Incentives: min. $200,000 cash credit per project
Build-Out Option: in-line and free-standing
Available Territories: 37 states & select international markets