Have you put thought into opening a salvage food discount store, sometimes referred to as a Banana Box or Scratch & Dent can store? These types of outlets are opening up all over the country due to the sagging economy.
Sharp entrepreneurs are cashing in retailing name brand canned foods and dry consumables at unheard of pricing, sometimes below 50% of big-box grocery stores!
How do you open up one of these stores? Where do you get the salvage inventory? These are but a few of the questions people are asking in an attempt to get into this business.
As stores are closing across the country, smart start ups are realizing the best thing to do is offer discounted merchandise to help consumers stretch their dollars.
Often sold in Banana boxes, name brand food can be purchased at rick bottom prices by the pallet and truckload from salvage grocery reclamation centers and Brokers nationwide.
Do you think you have what it takes to open a salvage food discount store? Do you have the knowledge needed or access to banana box suppliers?
I have just finished an 80+ page guide, which will give you all the details needed to get your store open from the ground up. All details can be found HERE
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Our article on Salvage, distressed and surplus food discount reselling proved to be very popular. Hundreds of search engine inquires are flooding in with many questions from entrepreneurs who want to get a piece of the pie (Pardon the pun). It is my impression that due to rising gas prices consumers are not only paying more at the pump, but also more at their neighborhood grocery store. When fuel costs go up a wave can be experienced as trucking companies must increase pricing for shipments which in turn increases distributors costs and results in higher prices on your local grocers shelves.
Discount food outlets are booming with customers as the average American family is finally being forced to lives within tight budget. When dollars are thin smart consumers know deals can be found at discount and salvage grocery stores. This is where you the entrepreneur comes in. If you are looking for a great business to open…this just might be the direction you should head into.
I would suggest you do some market research in your own hometown to see what kinds of discount food sellers are already open for business. if there are stores currently in your market it would be best to pay them a visit and see how they merchandise, what they sell and ascertain whether or not you could compete with them for a client base.
If there are presently no salvage food or discount food stores in your city or town, you might be able to corner the market. I would suggest organizing a business plan and getting started as soon as possible. While there are several salvage food distributors across the country selling mixed banana boxes filled with dented canned goods, near date packaged food and closeout health and beauty aids it would be prudent to also secure some suppliers of deeply discounted wholesale and closeout foods as well.
Food is defined as “Salvage” for several reasons including defects in packaging or being close to or past a products expiration date. Closeout food will typically fall into the category of excess or unsold stock which is liquidated to recoup cash flow. A store filled with salvage food will prove to be very profitable for anyone looking to operate a successful business. Add a few aisles of general merchandise closeouts and watch your business grow!
Resources for discount salvage grocery stores:
The Closeout Industry is your resource for salvage grocery distributors. We have completed the research spending countless hours on the telephone talking with reverse logistic companies, food wholesalers and salvage food liquidators. We have put together a list of the top fifteen salvage food contacts in the industry. Our list contains some of the largest distributors of banana boxed groceries in the Country. In addition to our list, we have compiled a huge 85+ page guide titled, “Starting a Salvage Grocery and Discount Store”. We are the first to offer an information packed book about the selling salvage food……..
Get further information about our supplier list and 85+ page guide today!
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