Mergers & Acquisitions

Open & Shut for September 2014

The month's roundup of new convenience store openings and more

OAKBROOK TERRACE, Ill. -- This edition of the Open & Shut digest of new convenience store openings, sales, acquisitions and store closings features listings for the month of September 2014.

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The unscientifically gathered roundup is by no means complete, but serves as a monthly "snapshot" of newly opened or closed U.S. convenience stores, gas station, truckstops and travel centers not previously reported in CSP Daily News.

Many of the stores are owned by independent operators, while others belong to major chains, some part of CSP's Convenience Top 101.

The list has been arranged by state. Click through each item for more details on each store.

Please send your new-store announcements and other industry news to Greg Lindenberg at glindenberg@cspnet.com.

California

A new Circle K franchise convenience store opened in Fullerton, Calif., on September 4. It offers lottery, liquor and money orders.

Florida

RaceTrac Petroleum Inc. held a grand opening on September 12 for a convenience store and gas station in Deltona, Fla.

Farm Stores reopened a drive-thru convenience store in Palmetto Bay, Fla., on September 17.

A new Circle K franchise convenience store opened in Valrico, Fla., on September 18. It is co-branded with CITGO fuel. And a new Circle K franchise convenience store opened in Navarre, Fla., on September 9. It is co-branded with Exxon fuel.

Wawa Inc. opened two convenience stores in Orlando, Fla., on September 11 and September 18; it opened a convenience store in Sanford, Fla., on September 26.

K41 LLC sold a 1,560-square-foot Shell gas station and convenience store in Sarasota, Fla., for $2.325 million. K41 paid $1.726 million in May 2009. Nako777 LLC financed its purchase with a $1.2 million loan from Gateway Bank.

Idaho

Smith's Chevron, which three generations of Smiths have run in Boise, Idaho, for more than 50 years, closed in late September.

Illinois

Pilot Flying J opened a Pilot Travel Center in Morris, Ill., off Interstate 80 at Exit 112, on September 15.

Indiana

On September 19, Barto's Service Inc., a Fort Wayne, Ind., family-owned service station in business since 1930, closed. Tom Barto will continue to operate the adjoining Fort Wayne Oval Track Supply, an auto racing accessories retail store.

The Marathon QuickPix in Knightstown, Ind., held a grand opening on September 23.

Iowa

A new Casey's General Store opened in Marshalltown, Iowa, on September 19.

Maryland

A Hagerstown, Md., Sheetz convenience store ceased doing business on September 30. Ryan Sheetz, director of brand development and sales for Sheetz Inc., said, "It's a good store, but it's old; it's been around a while. It's seen better days."

Iftikhar Ahmad and his business partners' newest venture, Falcon Fuel, opened in New Market, Md., in early September. "We purchased this gas station from the previous owner, and wanted to freshen the look of the business," Ahmad said. "The carwash wasn't operational, but after repair and updating, it's up and running. Our gas dispensers are the latest model, including a TV installed in the pumps."

Wawa Inc. opened a new convenience store in Frederick, Md., on September 5.

Massachusetts

VERC Enterprises Inc. held a grand opening form September 22 to September 28 for Verc Kingston Gulf in Kingston, Mass.

Michigan

A new Speedway gas station and convenience store on Jackson, Mich.'s west side was slated to open on September 18. Speedway purchased the 1.21-acre lot for $655,000 earlier this year.

Minnesota

A SuperAmerica convenience store with a Taco John's celebrated its grand opening in Albertville, Minn., in mid-September. What makes the combination different from other co-branded locations is the size ratio. The Taco John's has seating for dozens of people, while Super America slimmed down its offerings to make the c-store side tighter, but still with most of the traditional offerings. That allows Taco John's to offer its full slate of services, including a salsa/sauce bar.

Mississippi

The Navy Exchange at the Naval Construction Battalion Center unveiled its new, $4.5 million mini-mart gas station on September 17 in Gulfport, Miss. "The long-awaited facility provides a modern centralized convenience store with greater accessibility and expanded services," base spokesperson Rob Mims said.

A new Circle K convenience store opened in Natchez, Miss., on September 10. The location is co-branded with Exxon fuel.

New York

Stewart's Shops opened a new convenience store in Rotterdam, N.Y, on September 4. The gas pumps became operational on September 26.

Ohio

A Painesville, Ohio, GetGo opened on September 18.

Oregon

A new Circle K convenience store opened in Sunriver, Ore., on September 1. This location is co-branded with Shell fuel.

Pennsylvania

On September 20, Turkey Hill opened a newly designed convenience store and gas station in Birdsboro, Pa.

A new GetGo convenience store opened September 4 in Erie, Pa.

The Pennsylvania Turnpike Commission (PTC) announced that its North Midway Service Plaza at milepost 147 westbound in Bedford County, Pa., closed on September 22 for reconstruction. The PTC expects the facility will reopen next May. It is being modernized with updated restroom facilities and dining accommodations. Customers will see a new facade and an expanded Sunoco convenience store with additional services. The plaza overhauls are made possible by a 30-year, public-private redevelopment initiative launched in 2006 when the PTC finalized a deal with HMSHost and Sunoco Inc. HMSHost committed $100 million to rebuild the 17 plazas, and Sunoco is investing $70 million to redevelop the gas stations and convenience stores.

Rhode Island

Cumberland Farms opened a new, 4,700-square-foot convenience store in Johnson, R.I., on September 18.

Seasons Corner Market held a grand opening September 26 and 27 for a new convenience store in East Providence. R.I.

Tennessee

FirstBank has a ground lease on a half-acre site in midtown Nashville, Tenn., where family-owned Simpson's Service Center and the adjacent BP gas station closed their doors in late September. Phillip Simpson Jr., whose father owns Simpson's Service Center and the gas station, which his grandfather started 65 years ago, plans in coming weeks to open the new Simpson's Auto Repair nearby.

Texas

CST Brands opened a new, 4,650-square-foot Corner Store convenience store in San Antonio, Texas, in early September.

Pilot Flying J opened of a new Pilot Travel Center in Childress, Texas, on September 29, its 53 location in the state.

Virginia

Mid-Atlantic Circle K held a grand opening in Manassas, Va., for its newest franchisee on September 30.

New Circle K convenience stores opened in Centreville, Va., on September 4; Luray, Va., on September 12; and in Herndon, Va., on September 16. The Luray and Herndon locations are co-branded with Exxon fuel.

Wawa opened a new convenience store in Herndon, Va., on September 19.

West Virginia

A new Sheetz convenience store opened in Martinsburg, W.Va., on September 3.

A Little General Store in Hurricane, W.Va., held a ribbon-cutting ceremony on September 30, offering Exxon gasoline.

Wisconsin

Kwik Trip opened new convenience stores in Fond du Lac, Wis., on September 4, Lake Geneva, Wis., on September 9, and in Madison, Wis., near the University of Wisconsin, on September 10.

The Green Bay Packers organization paid more than twice the assessed value for a Mobil gas station in Ashwaubenon, Wis., near Lambeau Field for $1.45 million. Land records show the property has an assessed value of $631,300. The station closed in September. The Packers have not announced any specific plans for the property. In the last decade, the organization has spent more than $47 million to acquire 57 nearby properties.

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