Save-A-Lot Products

Retailer Requirements

Over 70% of all Save-A-Lot stores are owned by independent retailers. That’s why our proven business model is centered on them. Below are some of the qualifications Save-A-Lot looks for in a licensed retailer:

  • Previous business experience (grocery or retail preferred)
  • 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 for multi-unit development are encouraged


Required documentation (during the application process, we may request the following items):

  • Completed license application
  • Verifiable evidence of financial performance and sustainability, including:
    • For new partnerships and corporations, personal financials for each partner
    • For existing entities with operating history, audited financial statements for most recent fiscal year and two years prior
  • Prior two years’ tax filings
  • Credit, business and/or personal references
  • Balance Sheet, P&L, Cash Flow statements if applicable
  • Business plan
  • Satisfactory pro-forma P&L for first store

Meet the above criteria? Open your very own Save-A-Lot. Qualified candidates may also be eligible for substantial financial incentives.

 

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