Part 3/7:
Reflecting on regional discussions around similar discount stores, there is widespread agreement that the Discount Outlet can generate considerable revenue. Rose noted an impressive figure—a 400 to 500% growth expectation for the store if managed efficiently. Despite operating a successful grocery business, Rose is overwhelmed with other business ventures, which prompted the exploration of potential co-investment opportunities.
One critical component is their inventory strategy: by purchasing at significantly reduced rates, they can provide competitive pricing. For example, some products, like a case of Sour Patch Kids, can be offered for as little as $7, representing significant savings for consumers.