Franchise Times magazine has ranked the ampm franchise number 29 on its list of Top 200 franchise systems, a 10-point jump over the company’s rank last year.
The ampm c-store brand was the only one owned by an integrated oil and gas company to make the list. The Franchise Times singled out ampm for special mention, noting its “solid showing” with its 10-point jump from number 39 to 29 based on the franchise’s system-wide growth of nearly 30%.
Fiona MacLeod, BP’s president of convenience retail, U.S. and Latin America, credited ampm franchisees with the franchise’s growth.
“BP is delighted that ampm has made it into the top 15 percent of franchises,” MacLeod said. “In 2007 we decided that ampm would be BP’s single U.S. convenience retail brand, and then we decided to go all-franchise. Our franchisees are the heart and soul of this business, and they have led us to this success.”
The 2008 Franchise Times Top 200 list appears in the October 2008 issue. It ranks franchises by worldwide sales for the previous year. As of Dec. 31, 2007, ampm had 2,854 sites that yielded $3.49 billion in c-store sales — a number that does not include gasoline sales. Those 2,854 sites include ampm stores in Japan, Brazil and Mexico, as well as about 1,000 U.S. locations.