Convenience Stores Expanding Nationwide
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Convenience Stores Expanding Nationwide

Red Hed Oil Co, Inc. trades as Ready Mart and Mi-Dee Marts at 19 locations in KY. The convenience stores with gas pumps occupy spaces of 2,000 sq.ft. to 3,500 sq.ft. in freestanding locations. Plans call for expansion in KY during the coming 18 months. The company will also consider purchasing land areas of .9 to 1.25 acres.

For more information, contact Alex Fassas, Red Hed Oil Co., Inc., PO Box 787, Richmond, KY 40476; 859-623-6705, Fax 859-623-6550.

Great American/Texaco/Shell operates seven locations in CO. The convenience centers occupy land areas of 108,900 sq.ft. in freestanding locations. Great American, the convenience store concept, occupies land areas of 43,600 sq.ft. and Texaco/Shell, the adjacent gas station concept, occupies land areas of 65,300 sq.ft. Plans call for expansion in the Denver, CO; Phoenix, AZ; Seattle, WA; D.C.; Atlanta, GA; Chicago, IL and Dallas and Houston, TX markets. The company builds its own locations. Preferred demographics include a population of 50,000 residing within a three-mile radius earning an average income of $55,000. The preferred average daily traffic count is 20,000 vehicles.

For more information, contact Chip Coppola, The DeRose Companies, 5670 Greenwood Plaza Boulevard, Suite 300, Greenwood Village, CO 80111; 720-529-2859, Fax 720-529-2841.

Junior Food Stores, Inc. trades as Super Stop at 71 locations in AL and MS. The convenience stores with gas pumps occupy land areas of 60,000 sq.ft. to 65,000 sq.ft. in freestanding locations. Plans call for expansion in AL and MS during the coming 18 months. The company prefers to purchase land and build its locations. Leases running 15 years with options are typical.

For more information, contact Tim Putnam, Junior Food Stores, Inc., PO Box 5338, Meridian, MS 39302; 601-483-8291, Fax 601-693-5410.

Kenyon Oil Co.-Warren Equities, Inc. trades as Xtra Mart at 460 locations in CT, MA, ME, NH, NY, RI, MD, VA, PA and NJ. The convenience store/gas facilities occupy spaces of 1,800 sq.ft. to 4,500 sq.ft. in freestanding locations. Plans call for expansion in CT, MA, MD, ME, NH, NY, RI, PA and VA during the coming 18 months. Leases running five to 10 years with options are typical.

For more information, contact Bill Rommel, Kenyon Oil Co.-Warren Equities, Inc., 355 Allens Avenue, Providence, RI 02905; 401-781-9900, Fax 401-461-5530.

Ottawa Oil Co. Inc. trades as Party Mart at 10 locations in OH. The convenience store/gas facilities occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for two openings during the coming 18 months. Expansion opportunities are sought in OH. Preferred demographics include a population of 50,000 residing within a five-mile radius earning an average income of $40,000. Leases running 15 years are typical.

For more information, contact Dennis Knott, Ottawa Oil Co. Inc., 10305 U.S. 224, Ottawa, OH 45875; 419-523-6441, Fax 419-523-5568.

True North Energy trades as True North Stores at 260 locations in OH. The convenience stores occupy spaces of 1,500 sq.ft. to 2,200 sq.ft. in freestanding locations. Plans call for expansion in OH during the coming 18 months.

For more information, contact Mark Lyden, True North Energy, 3711 Le Harpes, Youngstown, OH 44515; 330-792-9999, Fax 330-792-9345.

Food Spot Stores trades as Food Spot at 20 locations in FL. The convenience stores, some with gas facilities, occupy spaces of 2,400 sq.ft. in freestanding locations. Plans call for four to six openings during the coming 18 months. Expansion opportunities are sought in FL. A vanilla shell is preferred, and leases running 10 years with options are typical.

For more information, contact Bruce Wilner, Food Spot Stores, 7901 Ludlam, Miami, FL 33143; 305-666-0642, Fax 305-667-5473.

HN Funkhouser & Co trades as Handy Mart at 18 locations in VA. The convenience stores occupy spaces of 2,400 sq.ft. to 5,000 sq.ft. in freestanding locations. Plans call for expansion in VA during the coming 18 months. The company plans to build at least one new site per year.

For more information, contact Robert Claytor, HN Funkhouser & Co, PO Box 2038, Winchester, VA 22604; 540-662-9000, Fax 540-662-8165.

Sado Gas Sales, Inc. trades as Stop-N-Gas at 17 locations in NY. The convenience stores with gas pumps occupy spaces of 500 sq.ft. to 2,000 sq.ft. in freestanding locations. Plans call for expansion throughout upstate NY and the western Buffalo, NY market during the coming 18 months. The first location opened in 1974.

For more information, contact Robert Saxon, Sado Gas Sales, Inc., 4100 Saint Francis Drive, Hamburg, NY 14075; 716-627-4435, Fax 716-627-4339.