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Convenience Stores Expanding Nationwide
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Convenience Stores Expanding NationwideMcNeill Oil Company trades as Macs Food Stores at seven locations in NC. The convenience stores occupy spaces of 2,000 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for one opening during the coming 18 months. Expansion opportunities are sought in central NC. For more information, contact Frank McNeill, McNeill Oil Co., PO Box 396, Aberdeen, NC 28315; 910-944-2329, Fax 910-944-3659.
Mathews & Mathews, Inc. trades as Mathews & Mathews at seven locations in AL. The convenience stores, offering food, novelties, beer and cigarettes, occupy spaces of 2,500 sq.ft. to 3,500 sq.ft. in mixed-use centers and tourist areas. Plans call for three openings in AL during the coming 18 months. The company prefers to cotenant with Krystal, Huddle House, Subway, KFC, Nascar, dry cleaners, ice cream shops and jewelers. A vanilla shell and specific improvements are required. Preferred demographics include a population of 20,000 residing within a five-mile radius earning an average income of $35,000. Leases running 25 years are typical. The company also supplies 21 other stores. For more information, contact R. Mathews, Mathews & Mathews, Inc., P.O. Box 578, Jasper, AL 35502; 205-221-4747, Fax 205-221-1804.
Junior Food Stores Of West Florida, Inc. trades as Tom Thumb Food Stores at 116 locations in southern AL and the FL panhandle. The convenience stores with gas pumps occupy spaces of 2,400 sq.ft. to 4,000 sq.ft. in freestanding locations. Plans call for six openings in southern AL, northwestern FL, southern GA and southern MS during the coming 18 months. The company cites Convenience USA, Swifty and Racetrac as competition. A minimum of 1 to 1.5 acres is the required land area. Leases running 15 years with three five-year options are typical. For more information, contact Jim Burns, Junior Food Stores Of West Florida, Inc., PO Box 847, Crestview, FL 32536; 850-682-5171, Fax 850-689-1055.
Wolverine Development Corp trades as Pioneer Petroleum at 176 locations in MI and Ontario, Canada. The convenience store/gas facilities occupy spaces of 1,200 sq.ft. to 3,000 sq.ft. in freestanding locations. Plans call for eight openings in MI and Canada during the coming 18 months with a primary focus on Lansing and Grand Rapids. The company prefers to purchase existing stations, but will consider ground leases. For more information, contact Joe Maguire, Wolverine Development Corp, 1350 East Lake Lansing Road, East Lansing, MI 48823; 517-337-8282, Fax 517-337-0745, Email: joepmagu@aol.com
Plus Mart, Inc. trades as Plus Mart Food Stores at 10 locations in central FL. The convenience store/gas facilities occupy spaces of 2,400 sq.ft. in freestanding locations. Plans call for two openings in central FL during the coming 18 months. The company seeks land area sites of 1.5 acres. For more information, contact Jaime Rodriguez, Plus Mart, Inc., 1702 South Bumby Avenue, Orlando, FL 32808; 407-898-1055, Fax 407-898-8124.
SSG Corp. trades as Auto Stop at 43 locations in MN and WI. The convenience store/gas facilities occupy spaces of 4,800 sq.ft. in freestanding locations, strip and outlet centers. Plans call for three openings in MN and WI during the coming 18 months. The company prefers to co-tenant with Target. For more information, contact Bill Wanner, SSG Corp., PO Box 1000, Hudson, WI 54016; 715-386-8281, Fax 715-386-7421.
Ohio Valley AFM Inc. trades as Ameristop Food Marts at 130 locations throughout IN, KY, OH and VA. The convenience stores, some with pumps, occupy spaces of 3,200 sq.ft. to 3,600 sq.ft. in residential strip centers and freestanding locations. Plans call for 12 openings in the existing markets during the coming 18 months. The company cites Dairymart and Speedway as competition. Leases running 25 years are typical. A land area of one to 1.5 acres, and a vanilla shell are required. For more information, contact Rusty Young, Ohio Valley AFM, Inc., 3955 Alexandria Pike, Cold Spring, KY 41076; 859-781-3800, Fax 859-781-6821, Email: ryoung@ameristop.com |