7-Eleven completes a transaction with Strasburger Enterprises, acquiring 23 stores across the Texas market. 7-Eleven Inc. completed a transaction with Strasburger Enterprises Inc. to acquire 23 c-store locations in Texas. Strasburger Enterprises Inc. stores, operated primarily under the brand name of Quix, are located across North and Central Texas. This acquisition brings the total number…
Finding Financing in a Tight Market
Money is tight, but some convenience store operators are finding the means to finance remodels or even acquisitions. Generally speaking, the availability of money depends on the size of the operator, according to Mark Radosevich, president of PetroProperties & Finance LLC in Miami. “The guys who are moderate size to large generally have relationships with…