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Convenience Stores Expanding Nationwide
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Convenience Stores Expanding Nationwide Plus Mart, Inc. trades as Plus Mart Food Stores at eight locations throughout central FL. The convenience stores occupy a space of 2,400 sq.ft. in freestanding locations. Plans call for one opening in the existing market during the coming 18 months. A land area of one to two acres is required. For more information, contact Jaime Rodriquez, Plus Mart, Inc., 1702 South Bumby Avenue, Orlando, FL 32806; 407-898-1055, Fax 407-898-8124; Email: plus-mart@mindspring.com. Midway Oil Corp. trades as Midway at 17 locations throughout NY and VT. The convenience stores occupy spaces of 2,000 sq.ft. to 2,500 sq.ft. in freestanding locations and tourist centers. Plans call for two openings throughout NH, NY and VT during the coming 18 months. Leases running five years with six five-year options are typical. Preferred demographics include a population of 10,000 within 10 miles earning $35,000 as the average household income. The company cites branded convenience stores as competition and is franchising. For more information, contact Joe Merone, Midway Oil Corp., 217, North Main Street, Rutland, VT 05701; 802-775-5534, Fax 802-775-5044. Quik Stop Markets, Inc. trades as Quik Stop Markets at 106 locations throughout northern CA and NV. The convenience stores with gas facilities occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations. Plans call for nine openings throughout the existing markets during the coming 18 months. Leases running 15 years are typical. The company cites Arco as competition and is franchising.For more information, contact Bill Rankin, Quik Stop Markets, Inc., 4567 Enterprise Street, Fremont, CA 94538; 510-657-8500, Fax 510-657-1544; Email: brank@quikstop.com. The Pantry, Inc. (FL Division) trades as Lil’ Champ, Spring, Handy Way and Smokers Express at 484 locations throughout FL. The convenience stores occupy a space of 3,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to acquire sites. A land area of 1.5 to two acres is required.For more information, contact Brian Schenk, The Pantry, Inc. (FL Division), 8930 Western Way, Suite 4, Jacksonville, FL 32256; 904-464-7200, Fax 904-464-7203. |