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"Gas Station/C-Store retail sales continue to grow"

Gas stations and convenience stores make up about 140,000 locations (independent and franchise) across the United States with a combined total annual revenue of nearly $500 Billion. It is a highly competitive industry; gas station/convenience store owners must compete with other local convenience stores in addition to grocery stores, mass merchandisers and warehouse clubs.

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Key Convenience Store Factors

  • Demand is linked to the volume of car driving
  • High inventory turnover
  • Low receivables