Grocery Outlet Store to Open in Madera, California
Customers greeted with reusable grocery bags and $5 gift certificates
Grocery Outlet in Madera, California, held a ribbon-cutting ceremony on Feb. 19, 2015, and followed with an official opening two days later. The first 500 customers were awarded reusable bags, and the 100 families who shopped were given $5 gift certificates. The new Grocery Outlet will hold drawings on March 28 for prizes such as a Char Broil K6B 6-Burner gas grill, a his-and-hers pair of Huffy Good Vibrations bicycles and free groceries for a year.
Founded in 1946, Grocery Outlet is the nation’s largest extreme-value grocery retailer. With more than $1.5 billion in annual sales, Grocery Outlet offers name-brand groceries at up to 60% off conventional grocery store retail prices. We offer a unique business opportunity for aspiring entrepreneurs: The California company builds stores and stocks the inventory on consignment. The company then recruits an independent operator to operate a Grocery Outlet Bargain Market independently under a license from us. This opportunity allows the independent operator the ability to experience uncapped earning potential while avoiding the multi-million dollar cost of building out a location and purchasing inventory. Independent operators have the ability to control their own earning destiny by growing their stores and controlling costs.
“Grocery Outlet’s sales have been growing from $500 million in 2000 to $1.5 billion in 2014,” says Co-CEO Eric Lindberg. “Grocery Outlet is aggressively expanding and could easily double or triple sales in the next decade.”
Learn more about Grocery Outlet
For in-depth details about the Grocery Outlet store opportunity, download our free independent operator info report. You can also learn more by visiting our research pages.