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What are the fees associated in becoming a Save-A-Lot licensee?

There are no fees associated with the signing of a license and supply agreement. However, each licensee will enter into an agreement where a security deposit of $40,000 to $60,000 is required per store. Security deposits are determined by estimated total weekly statement charges; including inventory purchases by Licensee from Save-A-Lot on open account, together with service fees, transportation and basic charges and payroll amounts, if any, advanced by Save-A-Lot. The deposit amount is subject to change and revaluated periodically at Save-A-Lot’s discretion. Optional services including accounting, training, information systems, freight and distribution will require additional fees.