Recently purchased c-stores offer Exxon fuel, high volume sales. Arkansas convenience store owner Magness Oil has expanded with the purchase of six more sites with Exxon distribution from Tiger Mart. All six stores offer high volume sales and were leased to the dealers simultaneously. The transaction was brokered by Station Sales and More Inc., formerly…
RPM Financial Sells 16 C-store Properties
“The operating sites have good sales volumes, and a number of the facilities are less than 10 years old,” says NRC’s executive managing director. Some 16 c-store/gas station properties in Alabama, Florida and Georgia, all owned and operated by RPM Financial LLC and affiliated company, USA Travel and set to be sold in a sealed…
The Pantry To Sell 114 Stores
“These are sites that don’t fit our current strategy, but they can be excellent locations for the right buyers,” says The Pantry’s vice president of real estate. The Pantry Inc. is strategically divesting 114 locations in nine states throughout the Southeast. Stores are located in a variety of markets in Alabama (3), Florida (28), Georgia…
Cumberland Farms Sells 29 Stores
“The repositioning of capital within our market area is an important part of our strategy to acquire new sites, renovate existing sites, and own and operate sites consistent with our brand identity,” says Cumberland Farms CEO. Framingham, Mass.-based Cumberland Farms Inc. has divested 29 stores to multiple buyers, including regional jobbers, individual store buyers, and individual…
Mace Security Sells Texas Car Wash
“We are pleased to announce this sale in our continued progress in exiting the car wash business,” says Mace CEO. Horsham, Pa.-based Mace Security International Inc. has sold a full-service car wash facility and convenience store located in Lubbock, Texas. With the sale of its Lubbock location, the corporation currently has two remaining car washes…