Are you looking for the best gas station franchise opportunities available for sale? Here in this article, we have done in-depth research and listed down reputed gas station brands that are looking for business partners.
Gas stations are among the most sought-after businesses in the United States. There are two ways of starting a gas station. Either you build your gas station right from scratch on your own or buy a gas station franchise unit. You can read our article on how to start a gas station if you are planning to start your own.
Otherwise, if you are planning to buy an existing gas station franchise, check out the below-mentioned list of the best gas station franchise opportunities for sale presently.
List of 18 Gas Station Franchises
1. AMPM Gas Station Franchise
AMPM was founded in the year 1975. They launched their first gas station in southern California in the year 1978. The company started offering franchise opportunities from the year 1979. At present, it has a network of hundreds of gas stations and convenience stores spread across different areas of the United States.
The initial cost to start an AMPM gas station franchise will vary from around $431,00 to $11,000,000 depending on the location and size of the unit. You also need to have liquid cash in the range of $800,000 – $1,200,000. The initial franchise fee is to the tune of $40,000 – $70,000 based on territory size, and other factors.
AMPM supports its franchise with on-the-job training, required software, and marketing help.
2. 7-ELEVEN
The origin of 7-Eleven dates back to the year 1927 when launched the first convenience store in Texas, Dallas. In the year the stores were rebranded as 7-Eleven. It started franchising in the year 1965. The company boasts more than 8600 convenience stores fitted with gas stations across the United States and other areas of Australia, New Zealand, Asia, the Philippines, and Europe.
The initial cost of starting the 7-Eleven gas station convenience store franchise is around $47,050 – $1,165,400. You also need an additional cash flow of $50,000 to $250,000 depending on the size of the init and locational factors. 7-Eleven Inc. offers in-house financing to cover expenses like the franchise fee, startup costs, equipment, inventory, accounts receivable, etc.
The company offers excellent support to franchise owners with in-depth operational training and marketing.
3. LUKOIL Gas Station Franchise
For the last 25 years, LUKOIL has been among the leading companies in crude oil and gas production. In the year 1995, the LUKOIL industry group was formed.
The company offers aspiring candidates the to open a gas station under the LUKOIL brand.
4. Circle K
The Circle K convenience store chain started its operation in 1951 in El Paso, Texas. It started franchising operations in the year 1999. Circle K stores are spread across more than 20 states in the United States and also in more than 10 other countries.
The initial cost of starting a Circle K gas station convenience franchise store is a minimum of $190,000 and can increase depending on locational factors. The franchisee also needs to have an additional cash flow of $1,00,000 to open the Circle K franchise store.
5. Sunoco APlus
You will find plenty of Sunoco APlus convenience and gas station stores on the east coast part of the US as well as in Ohio and New York. In November of 1998, Sun Company, Inc. rebranded its name to Sunoco, Inc.
The initial cost to open a Sunoco APlus franchise will be in the range of $25,000 and $600,000.
6. Street Corner
Street Corner was launched in the year 1988. The company started offering franchising opportunities from the year 1995. An initial cost of $45,645 – $1,479,800 is required to open a Street Corner franchise with a liquid cash flow of $30,000.
7. Dash In
Dash In opened its first Store in 1979 in Laurel, Maryland. Presently, it is present in more than 60 locations spreading across Maryland, Delaware, and Virginia in the United States.
Dash In is looking for franchise partners who have sound financial backgrounds, are growth-oriented, and have good networking skills.
8. On the Run
On the Run convenience stores, in the United States, are franchised by TMC Franchise Corporation, a subsidiary of Alimentation Couche-Tard, a Canadian convenience store company. The original brand convenience store On the Run was launched by Mobil to accompany its gas stations. It became the flagship store for Exxon and Mobil stations in 2000 after the two oil companies merged in 2000.
The initial investment to open an On the Run store is around $5,00,000 with an additional cash flow requirement of $1,00,00.
9. RaceTrac
The company introduced its first gas station stores in different locations in Georgia and Alabama. At present, they have more than 500 stores spread over different locations in the United States.
The initial investment to open the RaceTrac gas station franchise is approximately $1 – $1.4 million. The franchise fee is $25,000.
10. Marathon
Marathon Petroleum Corporation (MPC) is headquartered in Findlay, Ohio. The company operates the largest refining system in the United States.
The cost of opening a Marathon gas station store will cost you around 2,oo0,000 dollars including property investment. It annually costs $250,000 to operate the store. In addition, an investment of around $160,000 will be required annually to buy and stock products.
11. Alliance Energy Gas Station Franchise
Alliance Energy is the retail division of Global Partners LP. It is located in the Northeast United States. Alliance Energy is a network of company-owned and operated gasoline stations and convenience stores, and a distributor of gasoline to leased and independently owned stations.
Alliance Energy offers dealership opportunities to lease gas stations at various locations in the northeast footprint of the company.
12. Express Convenience
Express is a retail brand of U.S. Oil. It is one of the most reputed fuel suppliers in the Midwest. The company has been offering franchise opportunities from the year 1984.
The total investment required to start an express store franchise is expected to be around $165 – 200K depending on the size and other factors.
13. Kangaroo Express
The Kangaroo Express convenience store brand is owned by Alimentation Couche-Tard (ACT). It is a Canadian convenience store company. They have over 1,500 gas station stores in more than 13 states.
The company offer franchise opportunities to financially sound and deserving candidates.
14. Murphy USA
Murphy USA operates more than 1,470 retail stations across 26 states of the United States under Murphy USA and Murphy Express. brands.
An estimated liquid cash investment of a minimum of $100,000 is required to open a Murphy franchise store.
15. Shell Gas Station Franchise
Shell is one of the most reputed brands for petroleum products across the world. The initial cost of opening a Shell gas station franchise is estimated to be around $2,00,000. In addition, you need to invest in operating and buying inventories for refueling.
16. Extra Mile Gas Station Franchise
Extra Mile retail convenience stores sell gasoline of highly reputed Chevron along with food items. The company was established in 2007 and presently has more than 800 plus c-stores in California, Oregon, and Washington.
The approximate initial investment to open an Extra Mile convenience cum gas station franchise store is expected to be in the range of $1.5 to $2.5 million.
17. Quik Stop
Quik Stop opened its first franchise store in Hayward, CA in the year 1966. In the year 2018, all Quik Stop locations were purchased by the EG group. Quik Stop offers fuelling and convenience store facilities in more than 100 locations largely in the area of Northern California and Northern Nevada.
Though the cost of opening a Quik Stop franchise is not available, buying a running franchise will cost you around $2,00,000 with an additional cash flow of $1,00,000.
The company offers franchise opportunities to deserving aspiring candidates. Quik Stop franchise owners get extensive support from the franchisor in launching the gas station store and marketing.
Quik Stop has over 100 locations. It gives business owners classroom training, promotional advertising, marketing support, bookkeeping, and accounting assistance.
That the gas station franchise business is lucrative. However, it requires a big investment and dedication to make it profitable and successful. If you have the required financial resources and want to start a retail business in the oil and gas industry, opening a gas station franchise business is worth considering.
BP
BP is a global energy company, that offers franchise opportunities for gas stations. This iconic petroleum company is recognized globally and attracts a diverse customer base. BP provides strong support to its franchise partners by providing training programmes and mentorship.
Considerations when Choosing a Gas Station Franchise
Some of the things that you must do while selecting a gas franchise are as follows:
- Location: Assess the location’s traffic and potential customer base.
- Franchise Support: Evaluate the level of support provided, including training, marketing, and ongoing assistance.
- Brand Reputation: Consider the reputation and recognition of the brand in the local market.
- Investment and Returns: Analyze the initial investment required and the potential for returns.
- Technology Integration: Look for franchises that embrace technology for enhanced customer experience.
Frequently Asked Questions
What are the main advantages of investing in a gas station franchise?
Gasoline is a necessity, ensuring a constant stream of customers. Also, franchises often come with established, trusted brand names.
What factors should I consider when choosing a gas station franchise?
- Assess the potential foot and vehicle traffic in the chosen location.
- Franchise Costs: Understand the initial investment, ongoing fees, and potential returns.
- Support and Training: Evaluate the level of support and training provided by the franchisor.
Can I own a gas station franchise if I have no prior experience in the industry?
Yes, many gas station franchises offer comprehensive training programs for franchisees, making prior experience less critical.
Are there specific environmental regulations I need to consider with a gas station franchise?
Yes, gas stations are subject to environmental regulations. Ensure compliance with local laws regarding storage, handling, and disposal of fuels.
How long does it typically take to break even in a gas station franchise?
Break-even times vary, but factors such as location, brand recognition, and local competition can influence how quickly you recover your initial investment.
Can I integrate additional services, such as convenience stores or car washes, with my gas station franchise?
Many gas station franchises allow for diversification by incorporating convenience stores, car wash services, and more. Check with the franchisor for options.
What ongoing fees should I expect with a gas station franchise?
Ongoing fees may include royalties, marketing fees, and possibly fees for support services. Understand these fees and factor them into your financial projections.
Is it possible to negotiate terms with the franchisor?
Negotiation terms may vary by franchisor. While some aspects might be negotiable, it’s essential to carefully review the
franchise agreement and discuss any concerns before signing.
Are there specific safety measures I need to implement in a gas station franchise?
Yes, safety is paramount. Implement measures for fire safety, proper handling of fuels, and adherence to safety protocols outlined by the franchisor and local regulations.
What are the trends in the gas station industry that I should be aware of?
Many gas stations are adopting technology for enhanced customer experiences, such as digital payments, loyalty programs, and advanced fueling systems.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their businesses.
