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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".
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 ...
In January 2010, the group began franchising Starbucks locations, and in November of that year began a franchise agreement with Burger King. [16] In February 2013, Euro Garages acquired 45 Esso petrol stations in North England and Wales from ExxonMobil, who were offloading their forecourt sites to focus on their core production and refining ...
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.
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]
Florida residents Lashawn Flowers and Shanita Vickers are now the proud new owners of a Shell gas station franchise in Hollywood, Florida. The two are the first Black owners of a gas station in ...
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