Multi-Unit Franchisee Magazine 2013 Buyer's Guide - Page 58

RETAIL & SERVICES MULTI-UNIT Buyer’s Guide Demographics 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 10,000 to 20,000 square feet. Excellent line of sight for visibility with good ingress/egress. Co-tenancy with other value-oriented retailers desired; Expansion market nationwide. OPPORTUNITY Description Save-A-Lot is the nation’s leading hard discount grocery chain with over 1,300 stores across the U.S. and Caribbean. Our business model is designed to help retailers 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. Save-A-Lot is offering significant capital incentives - a minimum of $200,000 cash to qualified candidates. Qualifications 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. Cash liquidity of $300k. Local knowledge, relationships, and expertise in consumer preferences, real estate, government regulations and labor. Plans and ability for multi-unit development are encouraged. Fast Franchise Facts Franchising Since: 1978 Multi-Unit Franchisee Operating Units: 70% Total Franchise Operating Units: 946 Company Operating Units: 381 Capital Investment: minimum $300,000 per store Franchise Fee (per unit): $0 Royalty Fee (per unit): 0% Advertising Fee (per unit): 0% Earnings Claims: Yes Build-Out Options: Inline and free standing Available Territories: 37 States and Caribbean SITE LOCATION Contact Each licensee is responsible for leasing or acquiring real estate as well as contracting the construction of their store. However, Save-A-Lot will provide assistance for site selection, market analysis, store layout, project management and décor/ equipment recommendations. Kristen Gray | License Development 314-592-9446 Assistance Rankings Save-A-Lot is the second largest grocery store banner in the U.S. and the nation’s leading hard discount grocery retailer. 53 MULTI-UNIT BUYER’S GUIDE 2013