If you’re looking for a profitable business opportunity, a gas station franchise could be a great option. Gas stations are in high demand and there are many different franchise opportunities available. In this article, we’ll take a look at some of the most popular gas station franchises and what you need to know to get started.
We’ve put together a list of reputable franchises that are currently seeking new business partners.
Gas stations are among one the most sought-after businesses in the United States. Whether you’re building your gas stations from scratch or buying a gas stations franchise unit, you can read our article on How To Open A Gas Stations For More Details.
If you’re looking to purchase an existing gasoline service business, here’s a list of some of the best franchises currently available for purchase.
Here is a list of the Best 17 Gas Station Franchise Opportunities
1. AMPM Gas Station Franchise
AMPM Inc., based in Irvine, CA, USA, is one of the largest franchisors of gasoline service stations in the US. Founded in 1975, AMPM currently operates 740 branded locations throughout the country, including more than 400 Shell Gasoline Stations, 150 Chevron/Texaco Gasoline Stations, and 100 Mobil Gasoline Stations.
Depending on where you want to open your AMPM gas stations, the initial costs could be anywhere between $431,000 to $11 million. You’ll also have to have at least $800,000 in cash reserves when you get started. The initial fees for opening an AMPM gas station are usually in the range of $40,000-$70,000 per store, and other factors come into play too.
AMPM provides support for its franchises through on-the-job training, required software, and marketing assistance.
2. 7-ELEVEN
The origin of 7-Eleven dates back to the early 1920s when opened the first convenience store in Dallas, Texas. In the late 1970s, the chain expanded into Canada and was renamed 7-Eleven. By 1980, the chain had grown to over 1500 locations throughout North America. Today, 7-Eleven operates nearly 8000 convenience retail outlets in the US alone.
The initial cost of opening a 7-Eleven convenience store is between $47,050 and $1,165,100. There’s also an additional investment requirement of $50,000 up to $250,000 for start-up costs, equipment, inventory, and accounts receivable. 7-Eleven provides in-house financing to help finance these costs.
It provides excellent support for franchisees with in-depth operational training and marketing.
3. LUKOIL Gas Station Franchise
Since the mid-1990s, LUKOIL has been one of the world’s largest oil producers. In 1995, LUKOIL established its own oil company.
Aspiring candidates can start their own businesses by opening a LUKOIL-branded gasoline station.
4. Circle K
The Circle K convenience chain began its operations in 1951 in El Paso. It began franchising its operations in 1999. Circle K convenience chains are present in more than 20 states in America and also in more than ten other countries.
A typical Circle K convenience store costs approximately $190,000 to start up and requires an additional $100,000 in annual operating expenses.
5. Sunoco APlus
There are plenty of Sunoco APLUS gas stations on the East Coast, including Ohio and New York. On November 1st, 1998, Sun Company, inc. changed its name to Sunoco Inc.
Opening an A&P Plus franchise will usually set you back between $25,000 and several hundred thousand dollars.
6. Street Corner
Street Corner was founded in 1988. It began offering franchising opportunities in 1995. To start up a Street Corner franchise costs between $45,645 and $1,479,838. A liquid cash flow of $20,000 is needed for an average Street Corner franchise.
7. Dash In
Dash In opened its very first store in 1979 in Laurel, MD. It has since expanded to more than 60 stores spread throughout Maryland, Delaware, and VA in the US.
Dash In is seeking out potential business partners who have a solid financial history, are growth-driven, and have strong networking skills.
8. On the Run
On the Run is a franchise chain of gasoline stations owned by Alimentation Couche‑Tard, a Canadian corporation. Originally founded as Mobil Oil Company’s “On the Run” service station concept, it has since become an independent brand.
The initial investment required to start up an On the Run store costs between $500,000 and $1 million depending on whether the business operates in a high-traffic location (such as a mall) or a low-traffic location (like a strip mall).
9. RaceTrac
The store chain has expanded into new states by opening its first gas stations. Currently, there are more than 500 gas stations across the country.
To get started with a RaceTrac franchise, you need an initial investment of between $1 – $1.4 million depending on whether you want to buy a new location or lease one from another franchisee. The franchise fees for RaceTrac franchises start
10. Marathon
Marathon Petroleum Corporation (MPXC) is headquartered in Findley, Ohio. MPXC runs the largest refinery in the US.
To open a Marathon gasoline chain, you need to invest around $2 million. You’ll spend another $250,000 per year to run the business.
11. Alliance Energy Gas Station Franchise
Alliance Energy is the retailer arm of Global Partners LP (GPL), which owns and operates gas stations and convenience stores throughout the Northeast United States.
Alliance Energy offers dealership agreements for dealerships located in the Northeast region of the United States.
12. Express Convenience
Express is a retail chain of gas stations located throughout the United States. They were founded in 1984.
You need to invest between $165,000 and $200,000 to open an Express Store Franchise.
13. Kangaroo Express
Kangaroo Express is a convenience chain owned by Alimentation couch-tard (ACT), which has over 1500 convenience stores in 13 US states.
They provide franchise business opportunities for financially stable and deserving candidates.
14. Murphy USA
Murphy USA operates more than 1,470 retail stations in 26 US states under the Murphy USA and Murphy Express brands.
To open a Murphy franchise, an initial investment of at least $100,000 is needed.
15. Shell Gas Station Franchise
Shell is one of Europe’s largest oil companies. It offers franchises for its stations. You must first open an account at a bank before applying for a Shell Station. You may incur additional costs when purchasing fuel and inventory.
16. Extra Mile Gas Station Franchise
Extra Mile Retail convenience stores sell gas from highly reputable Chevron along with snacks and beverages. It was founded in 2007 and now has more than 800 stores across California, Oregon, and Washington.
To start up a new Extra Mile convenience store, expect to invest between $1.5 and $2.5 million
17. Quik Stop
Quik Stop opened its first location in Hayward, CA in 1966. Today, all Quik Stop stores are owned by EG (formerly known as E&G Enterprises). Quik Stop offers fueling and convenience stores in more than 100 stores across northern California and northern Nevada.
It costs between $200,000 and $300,000 to open a Quick Stop store. However, if you buy a running franchise, you’ll need to pay at least $250,000 for it.
The company provides franchises to deserving aspiring candidates. Franchises offer business opportunities for people who want to start their own successful businesses. The franchisors provide them with extensive support in starting up the business.
Quick Stop has over 100 stores. They give business owners classroom training, promotional advertising, sales support, bookkeeping, and accountancy assistance.
Without a doubt, the gasoline franchise is an extremely lucrative and rewarding venture for anyone who has the necessary financial resources and wants to get into the fuel distribution industry. But if you’re looking at starting up a gasoline franchise, consider doing so.
You may like to read: Low Cost Beauty Business Ideas For Girls to Start Working
