By Nicolas Vega. August 3, am Updated August 3, am. The acquisition will see 7-Eleven add nearly 4, stores, and bring its total number of stores in the US and Canada to 14, Marathon last year said it would launch sweeping restructuring following pressure from activist investor Elliott Management, including the spinoff of the chain of gas stations. The deal, which is expected to close in the first quarter ofincludes a year fuel supply agreement for about 7.
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Comment required. Enlarge Image. More On: 7-eleven. Marathon stock opened trading up nearly 5 percent Monday morning on news of the deal.
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Sorry, your blog cannot share posts by email.Sell on DealStream Register Sign in. Sell Sign in. Owning a gas station can be challenging due to fluctuating oil prices and the rise of EVs. For entrepreneurs willing to adapt and become innovators, there is great potential in this multi-billion dollar industry. Listing ID An unbranded gas station, with a convenience store, a repair shop, a well-furnished apartment located in Monroe County, in PA.
The seller owns it for 15 years; wants to retire. The unbranded gas station has a canopy, the repair shop is very busy. The building is 2, sq. The sale includes the real estate and business. It does not include inventory. Currently, the seller is not operating the deli. Fully equipped deli with fried chicken concept! Listing ID Strong branded gas station with convenience store and car wash is available.
Inside gross revenue is 1. Seller states that fuel sales average about 60k per month at. Rent includes Countryside store! Fully equipped kitchen with hood, pizza oven, stove, and grill! Owner Operator What else are you planning to sell? What about the tanks and pumps? Do you know the station's environmental history? Is it worth investing in the infrastructure? Confidentiality strictly enforced by the sellers attorney.
Must sign NDA to get information. Totally turn key. It pumps overgallons a month, with. It is a self serve gas station; Seller owns it for 27 years; wants to retire. Has a spacious convenience store and a 3 bays well-run repair shop. Due to a unique location, the profit margin on the gas is very high; sales of diesel It has a year lease.
It pumps Listing ID This branded-gas station, with property, is located on an extremely busy road in Broome county, in New York.Beer and wine also available in this location with big walk cooler. It won't last long New owner can bring a food franchise to boost income accordingly Call for information Nick The seller has owned it for 20 years. It currently pumpsgallons a month. There is also a convenience store.
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The business has 20 house accounts, which will stay with the new buyer. Seller will also train new buyer to make them conversant with this business. This gas station is at a great location. Please call Syed Ahmed at for more information on this listing.
Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager vestedbb. Great location on a busy road. There is a self serve canopy and the convenience store has lotto, beer, cigarettes and atm. Also sells breakfast items.
There is air and vacuum. Easy to operate, there is only one person needed per shift. Call Nathan Goldstein. Beautiful truck stop for sale in the southeast corner of Colorado. The building consists of 10, square feet with plenty of room for semi parking. The current owners run this completely absentee.
The current staff consists of 6 employees with a manager in place that runs the day-to-day operations. This property was built in and has a 2, SF C-Store, 6 Multiple Product Dispensers with 16 fueling positions that sits on a 1 acre corner lot.
It is an excellent location as it sits on a signalized intersection with over 36, Cars Per Day. The property was beautifully designed and is a very attractive and clean investment and has excellent freeway visibility with its pylon sign. Newly remodeled Shell branded gas station and convenience store. Corner lot located on major intersection in Los Angeles California. Just added E85 and recently secured long term lease. Great location. Low cost of entry.
Long lease. Please call for additional details and information. At Station Sales we have over 40 years of experience in gas station sales, operation, and development and are here to guide you through the entire purchase and sale experience.Advanced Business Search. Learn about how to get your small business financed with Guidant Financial. Start Today.
Circle K owner may sell gas stations amid concerns over Speedway deal
Learn how you can create the life you want. Small business financing with Guidant Financial. Business Funding from Guidant Financial.Gas Station for sale or lease Winnipeg area $450K
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Quickly submit requests for more information. Track your requests in your dashboard. Already have an account? Log-in below.Sell on DealStream Register Sign in. Sell Sign in. It pumps overgallons a month, with. It is a self serve gas station; Seller owns it for 27 years; wants to retire.
Has a spacious convenience store and a 3 bays well-run repair shop. Due to a unique location, the profit margin on the gas is very high; sales of diesel It has a year lease. It pumps Listing ID This branded-gas station, with property, is located on an extremely busy road in Broome county, in New York. Seller will help a new buyer in getting financing. Listing ID This branded gas station with a convenience store is located on a very busy road on Long island.
It is a self-serve gas station. Lot size is 3. Tanks are double-wall, with fiber glass. It has an extremely spacious Listing ID This is a branded gas station with a convenience store no mechanic.
Great location on a busy road. There is a self serve canopy and the convenience store has lotto, beer, cigarettes and atm. Also sells breakfast items. There is air and vacuum. Easy to operate, there is only one The seller has owned it for 20 years. It currently pumpsgallons a month. There is also a convenience store. Still, the store stillBy Josh Kosman.
July 8, pm Updated July 8, pm.
7-Eleven parent company acquires Speedway for $21 billion
The owner of Circle K is angling to sell a chunk of its gas stations to quell possible antitrust concerns as it eyes a possible acquisition of the Speedway chain, The Post has learned.
Alimentation Couche-Tard — a Canada-based convenience-store giant whose chain of nearly 8, Circle K stores in the US includes 5, gas stations — has launched a process to sell 1, gas stations that are near Speedwayssources close to the situation said. Marathon, which recently revived an auction of Speedway after it got derailed in March by the coronavirus, is being prodded by billionaire Paul Singer to divest Speedway. Marathon is also mulling a possible spinoff of Speedway, sources said.
Marathon, based in Ohio, declined to comment on reports it has restarted its sale. Couche-Tard may be looking to appease the Federal Trade Commission, which could be concerned that a combination of the two biggest gas-and-convenience-store chains could raise food prices at those locations, especially during a time when fewer people are going out to restaurants, sources said.
Last month, analysts at Barclays estimated Couche-Tard, which also owns Holiday gas stations in the Upper Midwest, may have to divest 1, Speedway stores in a merger if the FTC forbids it from owning more than 35 percent of gas-and-convenience stores in any given market. In Minneapolis, Couche-Tard has Holidays and there are 80 Speedways, comprising 80 percent of the local market, Barclays said.
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The concentration would be similar in other cities including Cincinnati, Detroit and Tucson, Ariz. In New York City, there are Speedways and only 21 Circle Ks so the combination would result in a likely acceptable 28 percent market share, Barclays said. Read Next. This story has been shared 1, times. This story has been shared times. Would you like to receive desktop browser notifications about breaking news and other major stories?
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Comment required.Very Busy 5 Bay Repair Shop with 1 outside lift. View Details. ExxonMobil sell's Mobil-branded stations in the NY market Gulf has made a deal to purchase 75 Mobil-branded retail gas station properties and supply interests in Suffolk and Nassau.
These stations will keep the Mobil brand. It is a combination of company-ope Full Story. Supply Contracts. The Pulse at the Pump. Contact Us. Welcome to BillBlau. We always have a large inventory of locations available. With over 30 years combined experience in the Gas Station field, we have the contacts and expertise to facilitate all your Gas Station needs. So, if you are looking to buy or sell a gas station you have come to the right place. The brokers at Bill Blau Business Broker will make your deal happen.
To Buy or Sell a Gas Station, Please Call: Gas stations can sometimes be found on listings through real estate agents, but are they familiar with the gas station business? Do they understand the franchise lease? Real estate brokers sell houses We sell Gas Stations! When he formed this company Bill had a vision of what the industry needed, that vision was to provide firsthand knowledge and experience of the gasoline industry to the buyers and sellers of gas stations.
That is what sets Bill Blau apart from other business brokers. Bill utilizes his experience, and the many contacts he has cultivated over the years, to form a national network of buyers and sellers.
Dick held several positions with Amoco. Dick's last assignment before retiring was as a Regional Account Executive with extensive experience working with retail dealers on day to day operations. Dick spent his entire career in New York Metropolitan area and has a broad range of knowledge in the gasoline industry and knows what it takes to be a successful retail dealer. He later moved on to Cumberland Farms in where he was G.
While working for Cumberland he spent most of his time evaluating real estate, ROI for construction upgrades and executing marketing strategies for better positioning of the Gulf and Exxon brand to improve profitability. His extensive background in high volume store and gas operations gives him a unique perspective on the industry.
Bill Mann - Business Broker : Bill Mann has over 30 years experience in the gasoline and service station field. He worked for Shell Oil in all phases of the service station operations.
He understands what is required of a dealer to be successful. Michael Benzwie - Business Broker : Mike Benzwie has over 30 years experience in the retail and the gasoline service station industries. He understands the dynamic nature of the industry and the varied issues facing gasoline marketers. Be the first to receive listings via email as soon as they are listed.
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