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“A good number of my clients chose to invest in gas station franchises,” said Raymond Quisumbing, MBA, a registered financial planner. “From one franchise to several branches, having an ...
A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
OLCO Petroleum Group – 319 stations in Ontario and Quebec; Petro-Canada – 1323 stations and 200 Petro-Pass stations across Canada; some acquired from BP (1983), Petrofina (1981) and Gulf Oil in the 1980s; Pioneer Petroleum – 130 stations in Ontario; 7-Eleven brand gasoline; Shell Canada – Canadian unit of Shell with 1800 stations across ...
Speedway started in 1952 as Speedway 79, the name of a fuel chain based in Michigan.Unlike other fuel station chains at the time, Speedway 79 did not have a service station to perform vehicle maintenance, but rather vending machines that focused on cigarette and soft drink sales, giving their locations the nickname "Smokes and Cokes".
There are franchise opportunities in nearly every state and there is high demand for quality educational child care. Franchise fee: $120,000. Royalty fee: 7%. Initial investment: $342,600 to $643,500.
On the Run is a flagship convenience store brand developed by ExxonMobil, used at Exxon and Mobil stations in the United States and at Esso and Mobil stations internationally. Alimentation Couche-Tard acquired the On the Run trademark and franchise network in the U.S. in 2009, and Parkland Fuel did the same in Canada in 2016; ExxonMobil retains ...
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