Multi-Unit Franchisee Magazine Special Edition | Page 71

2017 Annual Edition RETAIL & SERVICES DEMOGRAPHICS “ #1 Hard Discount grocery program designed for the independent retailer! ” QUALIFICATIONS Previous business experience (grocery or retail preferred but not required). Ability to follow the Save-A-Lot program. Solid per- sonal fi nancial history. Net worth of at least $1 million. Cash liquidity of $300k. Local knowledge, relationships, and expertise in consumer preferences, real estate, govern- ment regulations and labor. Plans and ability for multi-unit development are encouraged. 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 effi cient stores, our exclusive private label brands, the buying power of over 1,300 stores and an effi cient, low operating cost operation. Save-A-Lot is offering signifi cant capital incentives - a minimum of $200,000 cash - to qualifi ed candidates. Population of at least 35,000 in the prima- ry 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/egress. Co-tenancy with other value-oriented retail- ers desired; expansion market nationwide. FAST FACTS: FRANCHISING SINCE: 1978 MULTI-UNIT FRANCHISE OPERATING UNITS: 70 TOTAL OPERATING UNITS: 1,154 COMPANY OPERATING UNITS: 474 CAPITAL INVESTMENT: $500,000 FRANCHISE FEE: $0 ROYALTY FEE: 0% SITE ASSISTANCE 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, proj- ect management and décor/ equipment recommendations. ADVERTISING FEE: 0.5% EARNINGS CLAIMS: Yes BUILD-OUT OPTIONS: Inline and Free Standing AVAILABLE TERRITORIES: 38 States and Caribbean RANKINGS & AWARDS Save-A-Lot is the third largest grocery store banner in the U.S. and the nation’s leading hard discount grocery retailer. Ranked third in customer service of all national retail- ers in the 2016 Temkin Customer Service Ratings survey. Multi-Unit Buyer’s Guide CONTACT MIKE STOUT Director, License Business Development [phone] [email protected] http://save-a-lot.com/own 69