Step One: A detailed assessment

If you are thinking about Budgens for your store, we carry out a detailed assessment with you to help us both decide it’s the right decision. The initial stages include a full analysis report of your location covering demographics, population numbers, household spend information and competitive mapping. We use a predictive turnover model report based on these criteria along with using sales from similarly matched stores to create an initial view on the sales potential for your store.

This is followed up with a store visit to understand more about the actual site location and accessibility and meeting with you.

Step Two: A business plan

Once we have agreed to progress to the next stage, we arrange a meeting with a member of our Store Accountant team to pull together a first stage business plan and P&L. We also arrange for our Store Development team to visit and begin to assess the cost to convert your store to Budgens.

Once a confirmed development cost is finalised and we have re-assessed all of the costs from labour to energy etc; we pull together a final P&L which can be used as the basis of your business plan to get finance if this is the route you are planning.

Step Three: Creating your store

After agreeing to proceed, we have a team of experts to help you open your store and achieve on-going success:

• Our Store Development team will project manage the re-fitting of your store, keeping it open wherever possible if it's trading to ensure the minimum disruption of your site.
• Our Training team help ensure your training needs are identified and that you receive all the training you need at buddy stores and on-site to understand the ordering and daily processes of running a fresh food store.
• We have a New Store Opening Manager who will work with you closely to ensure that all of the key elements necessary to achieve a successful launch happen on time. They ensure the marketing plan is in place as well as making sure training and merchandising is organised.
• As your store progresses to opening, your Regional Sales Manager will become involved in ensuring your store is progressing to plan. Post launch, they will continue to hold regular meetings with you and will include the Financial Accountants during the early months, to review all aspects of your performance and ensure your business plan is being achieved.