U.S. Convenience-Store Sales Reach New Highs: Foodservice Drives In-Store Sales Growth In 2023, the U.S. convenience-store industry experienced remarkable growth, reaching new sales heights driven by significant advancements in food service offerings. According to newly released data from the National Association of Convenience Stores (NACS), total convenience industry sales reached an impressive $859.8 billion. Of • Read More »
Convenience stores (C-stores) are more than just quick stops for snacks and essentials—they’re essential hubs of activity, influenced by regional habits, seasonal changes, and unique consumer needs. Understanding these dynamics can provide valuable insights into consumer behavior and help businesses cater to their customers more effectively. Regional Trends: C-store foot traffic varies significantly by • Read More »
Top Real Estate Tips When Buying a C-Store Embarking on the journey of buying or selling a convenience store (C-Store) demands careful consideration and strategic planning. Whether you are stepping into the role of a buyer or a seller, the real estate tips provided in this blog will serve as a valuable guide, ensuring a • Read More »
Elevating Convenience: The Role of Delivery, Pickup, and Drive-Thru Services in Shaping the Future of Convenience Stores In the ever-evolving landscape of retail, convenience stores are experiencing a paradigm shift, and at the forefront of this transformation are delivery, pickup, and drive-thru services. These once considered supplementary offerings have now become necessities for the • Read More »
C-Store Foot Traffic: Regional, Seasonal Trends, and Essential Car Services The expansion of traditional convenience store (c-store) categories into both the retail and quick-service restaurant (QSR) sectors has been met with an impressive response from c-stores themselves. They have not only managed to keep pace but have also evolved into appealing destinations in their own • Read More »
Merger and Acquisition Trends Shaping for Small Operators The convenience store industry has long been a cornerstone of local communities, providing a wide array of goods and services that cater to the on-the-go lifestyles of modern consumers. Trends from 2022 indicate that the merger and acquisition (M&A) activity of this industry shifted the landscape from • Read More »
Navigating the Process of Selling a Convenience Store: Selling a convenience store can be a complex and time-consuming process. From valuation and pricing to marketing and negotiations, there are several crucial steps involved in achieving a sale of a c-store. Whether you’re an owner looking to retire or venture into a new business opportunity, • Read More »
Analyzing the 2023 Convenience Store Industry Sales Trends: The convenience store industry is experiencing a dynamic evolution, with shifting consumer preferences and emerging trends shaping the sales landscape. When comparing 2023 to 2022, convenience store sales have experienced a significant upward trajectory. According to NACS State of the Industry data for 2022, convenience stores saw • Read More »
We pride ourselves on being the best. Southwest Petroleum Realty is a one-stop-shop for all your petroleum retail industry needs. We specialize in helping industry associates buy, sell, lease, or finance properties, including gas stations, convenience stores (c-stores), fuel distributorships, and other industry related businesses. At Southwest Petroleum Realty, we pride ourselves on providing comprehensive • Read More »