Piggly Wiggly

Piggly Wiggly

Information based on 2023 FDD

Retail · Grocery & Convenience Stores

Investment min
$1M
Total: $1M–$5M
Avg gross revenue
N/A
Unit-level, 2023
Franchise fee
N/A
Per current disclosure
Royalty
0.375%/m
Locations
84
Franchising since 1982

Description

What is Piggly Wiggly?

Piggly Wiggly, affectionately known as 'The Pig' by loyal customers, is an iconic American grocery store chain that has been serving communities since 1949. This beloved franchise has earned a reputation for combining the convenience of modern grocery shopping with the warm, personal touch of a neighborhood market.

What sets Piggly Wiggly apart is their exceptional meat department, consistently praised for its high-quality cuts, competitive prices, and knowledgeable butchers who provide personalized service. Many locations offer prime cuts upon request, making premium meats accessible to local communities. The franchise is also known for its fresh produce selection, well-stocked shelves, and an impressive variety of hard-to-find regional products.

The Piggly Wiggly business model emphasizes customer service excellence, with many locations offering traditional grocery store amenities rarely found today, such as carry-out service to customers' vehicles. Some stores feature additional revenue streams through in-store delis with popular hot food bars, fresh-made biscuits, and home-style cooking that draws regular customers.

As a franchise owner, you'll benefit from a proven business model that maintains strong community connections while competing effectively with larger chain stores. The brand's focus on personalized service, quality products, and local market adaptation has created a loyal customer base across its operating regions. Many locations have successfully integrated additional services like ACE Hardware partnerships or specialty departments, allowing franchisees to tailor their offerings to local market needs.
  • America's first self-service grocery store concept heritage
  • 75+ years of franchise operations since 1949
  • One of only 12 franchises in the grocery & convenience store sector
  • Recession-resistant essential business model
  • Strong community-focused 'Local Since Forever' positioning
  • Established supply chain infrastructure with C&S Wholesale Grocers partnership

Location Analysis

Where Piggly Wiggly wins

Founded in 1949, Piggly Wiggly has established a significant presence across multiple states, with widespread operations throughout key regions. The franchise demonstrates strong regional concentration in the Southeast, with substantial presence in Georgia, notable market penetration in Alabama, and established operations in Florida. This southeastern dominance is complemented by significant market presence in the Midwest, including established networks in Michigan and Wisconsin, showcasing successful market diversification.

Customer satisfaction metrics are impressive, with consistently high ratings across thousands of reviews, indicating strong operational performance across regions. Representative locations maintain exceptional customer satisfaction scores, exemplifying the franchise's commitment to service quality.

The franchise's strategic positioning in both rural and suburban markets has created a competitive advantage, particularly in communities underserved by major national chains. Market opportunities exist for expansion in the Mid-Atlantic region, where current presence is moderate but growth potential remains strong.

Ideal locations typically feature moderate population density (15,000-50,000 within 3 miles), limited direct competition from national grocery chains, and stable household incomes. The most successful units are often in community-centric locations with good visibility and accessibility. Prospective franchisees should focus on markets with these characteristics, particularly in states adjacent to existing strong markets to leverage brand recognition and supply chain efficiencies.
Total US locations
96
Franchise units
84
Corporate locations
12
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Piggly Wiggly

Avg gross revenueN/A
Investment range$1,404,000 – $4,857,000
Investment midpoint$3,130,500
Brand fundN/A
Royalty0.375%/m
Franchise feeN/A
Min. net worth
Min. liquid capital
Piggly Wiggly requires a substantial investment of $1.4M to $4.9M, positioning it as a premium grocery franchise opportunity that significantly exceeds the sub-sector average range of $759K-$2.4M. This investment level reflects the comprehensive nature of full-service grocery operations, including extensive inventory, refrigeration systems, and store buildout requirements.

Operating in the retail grocery and convenience store sector, Piggly Wiggly benefits from recession-resistant fundamentals, as food remains an essential consumer need regardless of economic conditions. However, the industry faces intensifying competition from big-box retailers, online grocery delivery, and discount chains, requiring substantial capital to compete effectively.

With 96 franchise units and franchise operations dating to 1949, Piggly Wiggly represents one of only 12 franchises in the grocery and convenience store subsector. The brand leverages the heritage of America's first self-service grocery concept while operating through independent licensing arrangements that encompass over 500 total locations across 18 states.

The high investment threshold requires investors with substantial liquid capital and grocery retail experience. Revenue data is not publicly available, making thorough due diligence essential. Successful candidates typically possess multi-unit retail management backgrounds and deep community ties, as grocery stores depend heavily on local market penetration and customer loyalty.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$1M–$5M
Most common
$1,404,000
Minimum
$3,130,500
Midpoint
$4,857,000
Maximum

Per FDD Item 7, total initial investment ranges from $1,404,000 to $4,857,000. The midpoint $3,130,500 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+1% YoY
1501209060300
2016
2017
2018
2019
2020
2021
2022
2023
96 units open as of 2023 FDD+1 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Piggly Wiggly's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Piggly Wiggly franchise typically ranges between $1,404,000.00 and $4,857,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Piggly Wiggly
Piggly Wiggly
N/A avg revenue · 84+ US franchises

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