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 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 for multi-unit development are encouraged

Required documentation (during the application process, we will 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
• Comprehensive five-year 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.