The establishments are characterized by offering an assortment of nearly 1,000 products with an average price that does not reach the euro.
This business model is what Sqrups brings! to its new establishment in Zaragoza where customers can find low-cost products derived from stocks, series remains, liquidations, manufacturing surpluses or claims.
This store in Zaragoza -located at Calle Martínez Vargas, 11-, has a surface area of 230 square meters and a capacity for 75 people.
The store, which will operate under the franchise regime, will offer more than 1,000 references with an average price of 0.80 euros. The supply of products is constantly renewed, incorporating an average of 50 new products per week for food, drugstores, stationery, fashion, footwear, garden, household items and electrical appliances.
The articles have a 30-day money-back guarantee and 40% come from Spanish companies, while the rest comes from European factories.
Among the products, for example, that can be found are excellent French wines that cannot be sold in the traditional channel due to a change in packaging or Italian coffee offers from a promotion, among others. They are products whose half-life ranges from a few hours to two weeks in 90% of cases.
With this business model, the company avoided destruction in 2021, and sold at a bargain price, more than 11 million items in perfect condition for consumption and without having fulfilled the function for which they were prepared.
The company thus exceeds 50 stores, both owned and franchised, and is positioned as the leading chain in a sector that has more than 3,000 stores in the United States: the urban outlet sector.
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