CINCINNATI -- Gilligan Oil Co. LLC is selling 13 gas stations in Ohioa dozen operating Shell gas stations and one operating Sunoco station, all with convenience stores; 10 locations also have car washes.
All locations will be sold with 15-year fuel supply agreements and are located in the Greater Cincinnati Area: Cincinnati (3 locations), Loveland (3 locations), West Chester (2 locations), Blue Ash, Columbus, Hamilton, Sharonville and Withamsville, Ohio.
We are looking to grow our market share by balancing our co-op store count [image-nocss] with our dealer store count. There are highly qualified dealers out there who will be able to take advantage of this excellent opportunity to grow with us, said Pat Gilligan, president and CEO of Gilligan Oil, Cincinnati.
These are exceptional properties in high-traffic areas, said Hope Mineo, managing director of Chicago based NRC Realty Advisors, LLC (NRC), which has been retained by Gilligan to coordinate and execute the sealed-bid sale. Gilligan's superior reputation as a distributor and operator for c-store excellence makes these sites immediately appealing in the Ohio market.
Gilligan Oil was founded in 1993 by Patrick Gilligan, and it has numerous company-operated and dealer-operated locations in central and southern Ohio. It sells fuel under Shell, Sunoco and Exxon banners at more than 80 retail locations. Gilligan's service portfolio includes convenience stores, gas stations, car washes and franchise restaurants.
All sites will be sold through a sealed bid sale in a buy one, some, or all format; bids are due May 3, 2007. NRC will conduct a How-To-Bid Seminar on Tuesday, April 3, 2007, at the Sheraton Cincinnati North in Cincinnati. For more information and reservations, contact the NRC Customer Service Center at (800) 747-3342, extension 707.
[See related story in this issue of CSP Daily News.]
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