Save A Lot Franchise for Sale - Discount Grocery Store
Save A Lot Franchise Opportunities
Save A Lot franchise is a chain of 1150 grocery stores successfully operating in the USA. The business stands out from others by smaller efficient shops, a good discount system, and exclusive brands. Buying one of Save A Lot grocery store franchises for sale, a franchisee receives a lot of benefits. First of all, the team of real estate professionals help the partners with choosing location and real estate negotiations. The second benefit is the right assortment and dedicated distribution which help to compete in tough market conditions. And lastly, ongoing support of a dedicated franchise team starting from onboarding and finishing with accounting services.
How to open the Save A Lot franchise?
- Ensure you have adequate capitalization.
In order to open the Save A Lot discount grocery store, you must have a net worth of more than $1,000,000.
- Appreciate the investment required for a grocery store franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business managing experience (grocery or retail preferred) before applying to become a Save A Lot franchise owner.
- Assess market availability.
You will want to look at the market availability for Save A Lot franchises and see if there are available markets in your location of interest before proceeding with the franchising application. Requirements for population are 20,000 in primarily urban trade areas; 10,000 in rural areas.
- Submit your application.
Your application will be reviewed by the Save A Lot franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Save A Lot franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the Save A Lot franchise cost?
Save A Lot has no franchise fee, with a total initial investment range of $750,000 to $1,500,000.
Net-worth Requirement: $1,000,000
Liquid Cash Requirement: $300,000
Save A Lot Initial Investment
Initial Investment: $750,000 - $1,500,000.
Initial Franchise Fee: N/A
Save A Lot website: www.savealot.com
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- Starting investments from:$750,000
- Company type:Store
- Company foundation year1977
- Year of launching the franchise1978
- Franchise enterprises:1150
- Franchisees in USA:1150
- Corporate Address:400 Northwest Plaza Drive St. Ann, MO 63074 USA