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Convenience Stores Expanding Nationwide
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Convenience Stores Expanding NationwideSouthland Corp (Northwest Division) trades as 7-Eleven at 690 locations in Canada, ID, OR and WA. The convenience stores occupy spaces of 3,000 sq.ft. in strip centers and freestanding locations. Plans call for expansion in Portland, OR and Seattle, WA during the coming 18 months. The company is franchising in the U.S., and cites AM/PM Mini Marts as its major competition. Leases running 10 years with options are typical. For more information, contact Jim Waldron, Southland Corp (Northwest Division), 3185 Willingdon Green, Burnaby, BC Canada V5G493; 604-293-5620, Fax 604-293-5680, Email jwaldron@7-Eleven.com Web site www.7-Eleven.com
Marcum Oil Company trades as Shop & Hop Food Stores at 10 locations in CO and MO. The convenience stores occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in freestanding locations. The minimum land area requirement is .5 acre. Plans call for expansion in CO and MO during the coming 18 months. The company will typically purchase its sites. For more information, contact Jim Marcum, Marcum Oil Company, 308 West Main Street, Savannah, MO 64485; 816-324-3224, Fax 816-324-5862.
Farm Stores operates 200+ locations in FL. The convenience stores occupy spaces of 500 sq.ft. to 3,800 sq.ft. in freestanding locations. Plans call for ten to twelve openings during the coming 18 months. Growth opportunities are sought in FL, specifically in Broward, Tampa and the central region of the state. Leases running five years with a five-year option are typical. For more information, contact Jose Baixauli, Farm Stores, 5800 NW 7th Avenue, Miami, FL 33166; 305-592-3100, Fax 305-592-2582, Web site www.farmstore.com
Horkey Oil Co. Inc. trades as Partners C-Stores at 30 locations in TX. The convenience stores, some of which pump gas, occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in strip centers and freestanding locations. Those units with gas pumps need 40,000 sq.ft. land area. Plans call for expansion in the TX panhandle region during the coming 18 months. The first location opened in 1978. The company will also purchase sites. Leases running 20 years are typical. For more information, contact Rice Horkey, Horkey Oil Co. Inc., 5236 80th Street, Lubbock, TX 79424; 806-798-5999, Fax 806-771-0616.
Seven Eleven (Hawaii) Inc. trades as 7-Eleven at 50 locations in HI. The convenience stores occupy spaces of 2,400 sq.ft., and land areas of 10,000 sq.ft. (no gasoline pumps), and 20,000 sq.ft. (with gasoline pumps) in strip centers and freestanding locations. Plans call for five openings in Oahu, HI during the coming 18 months. The company cites Circle K as its major competition, and leases running 20 years are typical. For more information, contact Chuck Jones or Pauahi Akuna, Seven Eleven (Hawaii) Inc., 1755 Nuuanu Avenue 2nd FL, Honolulu, HI 96817-3207; 808-526-1711, Fax 808-523-5890.
Coastal Investments, Inc. trades as Tinee Giant at 11 locations in VA. The convenience stores occupy spaces of 3,000 sq.ft. in strip centers, downtown areas, and freestanding locations. The freestanding locations require a minimum land area of .75 acre. Plans call for expansion in eastern VA during the coming 18 months. Leases running fifteen years with three five-year options are typical. For more information, contact Mauro Zenarolla, Coastal Investments, Inc., 4605 Pembroke Lake Circle Ste 303, Virginia Beach, VA 23455; 757-552-0000, Fax 757-499-8386.
Coastal Investments, Inc. trades as One Stop Food Market at three locations in VA. The convenience stores occupy spaces of 3,000 sq.ft. in downtown areas, strip centers and freestanding locations. A minimum of .75 acre is required for the freestanding locations. Plans call for expansion in eastern VA during the coming 18 months. Leases running 15 years with three five-year options are typical. For more information, contact Mauro Zenarolla, Coastal Investments, Inc., 4605 Pembroke Lake Circle Ste 303, Virginia Beach, VA 23455; 757-552-0000, Fax 757-499-8386.
Feather Petroleum Co. trades as Stop-N-Save at 11 locations in CO. The convenience stores occupy spaces of 2,300 sq.ft. in freestanding locations on a minimum of one of land. Plans call for one opening in CO.. during the coming 18 months. For more information, contact Larry Feather, Feather Petroleum Co.., 2492 Industrial Boulevard, Grand Junction, CO. 81505-1308; 970-242-5205, Fax 970-245-8093.
Ilderton Oil Co.., Inc. trades as Ilico Mart at eight locations in NC. The convenience stores occupy spaces of 3,500 sq.ft. in freestanding locations. A minimum of 1 to 1.5 acres is the land area requirement. Plans call for one to two openings in NC during the coming 18 months. For more information, contact Mike Ilderton, Ilderton Oil Co., Inc., 7145 W. Fairfield Road, High point, NC 27264; 336-861-2222, Fax 336-861-4600.
Southside Food, Inc. trades as Jiffy at four locations in NC and VA. The convenience stores occupy spaces of 2,000 sq.ft. to 2,400 sq.ft. in downtown areas and strip centers. Plans call for expansion in NC and VA during the coming 18 months. The company cites Food Lion as a competitor. Leases running 10 years are typical. For more information, contact Lloyd Bost, Southside Food, Inc., 1523 Wilborn Avenue, South Balston, VA 24592; 804-575-7002, Fax 804-575-5340.
Craddock Oil Company, Inc. trades as Craddock Oil at 15 locations in MS. The convenience stores occupy spaces of 1,800 sq.ft. in freestanding locations. Plans call for two openings in MS during the coming 18 months. For more information, contact Dan Ellzey, Craddock Oil Company, Inc., PO Box 1430, McComb, MS 39648; 601-684-5641, Fax 601-684-2068.
Store 24 Companies Inc trades as Store 24 at 83 locations in CT, MA, NH, NY and RI. The convenience stores occupy spaces of 2,550 sq.ft. in strip centers, downtown storefronts and freestanding locations. Plans call for 10 openings in CT, MA, NH and RI during the coming 18 months. A minimum land area of 10,000 sq.ft. is required for the freestanding units. The company cites 7-Eleven as its major competitor. Sales average $541 psf. annually. The first unit opened in 1967. Preferred demographics include a population of 20,000 residing within a half mile radius earning an average income of $34,000. Leases running ten years are typical. For more information, contact Ken Auclair, Store 24 Companies Inc., 184 Riverview Avenue, Waltham, MA 02253; 781-795-0206, Fax 781-647-0320, Email kauclair@store24.com Web site www.store24.com
Kroger Co./JR. Food Of West Florida Inc. trades as Tom Thumb Food Stores at 114 locations in AL and FL. The convenience store/gas stations occupy spaces of 3,400 sq.ft. in freestanding locations. Land area requirements are 90,000 sq.ft. Plans call for six to eight openings in AL and FL during the coming 18 months. Leases running 20 years are typical. For more information, contact Jim Burns, Kroger Co../JR. Food Of West Florida Inc., P.O. Box 847, Crestview, FL 32536; 850-682-5171, Fax 850-689-1055, Email jburn@tomt.com, Web site www.kroger.com
Mauger Sons Inc. trades as Walker Oil at 10 locations in DE, MD and PA. The convenience store/gas stations occupy spaces of 1,000 sq.ft. in freestanding locations on land areas of at least one acre. Plans call for expansion in DE, MD and PA during the coming 18 months. Leases running 15 to 20 years are typical. For more information call Phillip Robinson, Mauger Sons Inc., PO Box 215, Nottingham, PA 19362; 610-932-8524, Fax 610-932-3537.
Pri-Mar Petroleum trades as Pri-Mart at 13 locations in MI. The convenience store/gas stations occupy spaces of 2,500 sq.ft. in freestanding locations on land areas of 1.5 acres. Plans call for one to two openings throughout IN and MI during the coming 18 months. Preferred demographics include a population of 20,000 residing within a three-mile radius earning an average income of $40,000. The first location opened in 1973. The company cites Welsh and Speedway as its major competition. For more information, contact Chris Marzke, Pri-Mar Petroleum, 1207 Broad Street, St. Joseph, MI 49085; 616-983-7314, Fax 616-983-1902, Email primar@qtm.net
Express Shops/Litco Petroleum Inc. trades as Exxon Express Shops at 28 locations in AL, MS and TN. The convenience store/gas stations occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for four openings in AL, AR, LA, MS and TN during the coming 18 months. The first location opened in 1979, and leases running 10 years with two five-year options are typical. For more information, contact Hamilton Smith, Express Shops/Litco Petroleum Inc., 211 Franklin Street, Tupelo, MS 38802; 601-844-7272, Fax 601-842-0334.
7-Eleven Inc. (Southwest Division) trades as 7-Eleven at 5,200 locations nationwide. The convenience stores, some of which pump gas, occupy spaces of 3,000 sq.ft. in strip centers and freestanding locations. The mimimum land area requirement for those with gas islands is 40,000 sq.ft. Plans call for 20 openings in AZ, northern CA and NV during the coming 18 months. The company is franchising. The company will do build-to-suits, lease, or purchase existing sites. The company cites AM/PM Mini Marts as its major competition. Leases running 10 years with options are typical. For more information, contact Tom Greenland, 7-Eleven Inc (Southwest Division), PO Box 404, Pleasanton, CA 94588; 604-293-5620, Fax 604-293-5680, Email jwaldron@7-Eleven.com Web site www.7-Eleven.com
One Stop operates 45 locations in WV. The convenience stores occupy spaces of 3,500 sq.ft. in freestanding locations. Plans call for expansion in WV during the coming 18 months. For more information, contact Michael Graney, 500 River E Drive, Belle, WV 25015-1000; 304-926-3000, Fax 304-926-3009.
Uselton Oil Company trades as Usco Gas at eight locations in IL. The convenience stores occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations. The company prefers to purchase sites. Plans call for expansion in IL during the coming 18 months. For more information, contact Alice Uselton, Uselton Oil Company, 819 Derby Street, Pekin, IL 61554; 309-346-4012, Fax 309-346-3549.
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