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Convenience Stores Expanding Nationwide
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Convenience Stores Expanding Nationwide American Petroleum operates nine locations throughout FL. The convenience stores, which operate service stations branded Mobil, Chevron, Hess and Exxon, occupy land areas of 25,000 sq.ft. to 60,000 sq.ft. in freestanding locations. Growth opportunities are sought in FL (west coast and north to Orlando and Jacksonville area) during the coming 18 months. The company will consider acquisitions of land or existing stations. For more information, contact Maria Schlafke, American Petroleum, 3475 West Flagler Street, Second Floor, Miami, FL 33134; 305-644-1190 Ext. 29, Fax 305-644-1194; Email: americanpetroleum@hotmail.com
Young’s Food Stores, Inc. trades as Young’s Food Stores at 40 locations throughout SC. The convenience stores with fuel pumps occupy spaces of 2,500 sq.ft. with walk-in coolers in freestanding locations. Growth opportunities are sought throughout SC during the coming 18 months. Area demographics include 1,000 homes within one mile. Leases running 20 years are typical, but the company prefers to acquire property.For more information, contact Hugh Jackson, Young’s Food Stores, Inc., 447 North Main Street, P.O. Box 1000, Sumter, SC 29151; 803-775-5337, Fax 803-775-5800.
Par Mar Oil Company, Inc. trades as Par Mar Stores at 18 locations in OH and WV. The convenience stores with fuel pumps occupy spaces of 2,200 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Leases running 10 to 15 years are typical. A vanilla shell and turnkey are required. For more information, contact William Hollister, Par Mar Oil Company, Inc., 105 Alta Street, Marietta, OH 45750; 740-373-7406, Fax 740-373-6854.
7-Eleven Inc. (Mid-Pacific Division) trades as 7-Eleven at 5,200 locations nationwide. The convenience stores occupy spaces of 3,000 sq.ft. in freestanding locations or strip centers. Land areas of 35,000 sq.ft. to 40,000 sq.ft. are required for units with fuel pumps. Growth opportunities are sought in AZ, CA (northern) and NV during the coming 18 months. The company will consider the ground lease, build-to-suit and acquisition of existing sites. Leases running 15 years with options are typical. For more information, contact Tom Greenland, 7-Eleven Inc. (Mid-Pacific Division), P.O. Box 404, Pleasanton, CA 94588; 925-737-4349; Web site: www.7-11.com; Email; tgreen01@7-11.com
MNS Ltd. trades as ABC Stores at 61 locations in HI, Guam and Saipan. The convenience stores, which also feature sundries, software, health and beauty products, occupy spaces of 1,500 sq.ft. to 7,000 sq.ft. in freestanding locations and shopping centers (near hotels). Growth opportunities are sought in HI (Maui and Honolulu) and NV (Las Vegas) during the coming 18 months.For more information, contact Wilfred Nishi, MNS Ltd., 766 Pohukaina Street, Honolulu, HI 96813; 808-591-2550, Fax 808-591-2039.
The Sterling Milk Company trades as Sterling Food Stores at 30 locations in MI and OH. The convenience stores, some featuring fuel pumps, occupy spaces of 2,600 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to own property.For more information, contact Marvin Goldsmith, The Sterling Milk Company, P.O. Box 397, Wauseon, OH 43567; 419-337-2015, Fax 419-255-9080.
Racetrac Petroleum Inc. trades as Racetrac Petroleum at 415 locations in AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, TX and VA. The convenience stores occupy spaces of 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company seeks sites of at least one acre, and prefers to acquire property.For more information, contact Billy Milam, Racetrac Petroleum Inc., 200 Technology Court, Smyrna, GA 30082; 770-431-7600, Fax 770-436-9869.
Marsh Supermarkets Inc. trades as Village Pantry at 185 locations throughout IN and OH. The convenience stores with fuel pumps occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Lennie Hayes, Marsh Supermarkets Inc., 9800 Cross Point Boulevard, Indianapolis, IN 46256; 317-594-2100, Fax 317-594-2339. |