HOPEWELL JUNCTION, N.Y. -- SNK Petroleum Wholesalers is a fuel distribution company that hopes to double the number of sites it supplies by 2020. It recently opened two new locations in Westchester County, N.Y.
In 2015, SNK Petroleum generated approximately 36 million gallons in fuel sales through 25 sites, mostly in New York. Since then, the company has doubled in size, maintaining operations at 50 mostly fee-based locations.
Owner Ali Kirmani said he expects sales in 2017 to reach more than 70 million gallons.
Here are more details on the company and its new sites. …
One site, in Croton-on-Hudson, N.Y., which SNK also purchased in 2016 and refurbished and rebranded, reopened in December 2016. Another site, in Elmsford, N.Y., which SNK also purchased in 2016 and refurbished and rebranded, opened May 18, 2017.
The refurbished stores are 2,000 to 2,500 square feet in size. The design features a chandelier, granite countertops and high-end gondolas. The stores offer fresh-food bars, hot foodservice and Green Mountain coffee.
Kirmani first arrived in New York City from Lahore, Pakistan, in December 1995. With no experience in the retail fuels business, he began managing a gas station in Queens, N.Y. He learned the business and purchased his first Gulf station in 2001.
As a branded dealer for Gulf, Kirmani invested in the site and grew the business. Gulf Oil granted SNK Petroleum distributor status in 2011. All 50 SNK sites carry the orange and blue Gulf flag. He focused on buying sites individually or in small numbers, first expanding in his home state of New York, with fuel property purchases upstate. The company then expanded into the neighboring states of Pennsylvania, Connecticut and Massachusetts.
SNK Petroleum continued to purchase sites that were mostly underperforming and in need of improvements. With the capital in place, Kirmani refurbished each site, inside and out. The SNK strategy is to take sites that were previously run down and left for dead and upgrade them with an improved image, better service, competitive pricing and Gulf branding.
Kirmani has set the stage for continued growth and forecasts that Hopewell, Junction, N.Y.-based SNK Petroleum will double in size again by 2020, on his way to achieving a goal of 250 fuel sites under management and reaching the 300-million-gallon annual sales mark.
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