Mergers & Acquisitions

7-Eleven Franchisee Buys 6 Kyle’s Kwik Stops

Wills Investment Group converting stores to the new brand
Kyle's Kwik Stop

LONGVIEW, Texas — 7-Eleven franchisee Wills Investments Group LLC has purchased six Kyle’s Kwik Stops and Kyle’s Corner Market convenience stores in the Dallas-Fort Worth area, reported the Longview News-Journal.

The transaction includes three Kyle’s Kwik Stops in Longview, Texas, and one each in Canton, Jacksonville and Mount Pleasant, Texas.

Don Wills, head of Wills Investments Group, Lantana, Texas, said his company has been in business approximately 20 years, and with this deal, operates 20 7-Eleven c-stores in Texas and Colorado. The company took over the Kyles’ locations on Aug. 11.

“We are very excited about moving away from the hyper-competitive Metroplex to an area where we think we can provide better service,” Wills told the newspaper.

The company will convert the stores to the 7-Eleven brand during the next four to five months, said the report, and the sites will not need will not need major renovations.

“We’ll introduce priority products that 7-Eleven offers, their great coffee, the favorite of all the kids—the Slurpees, great hot dogs and all the others,” he said. “We also have a very, very broad fresh food offering, a lot of grab-and-go stuff—chicken wings, chicken tenders. … Many of the locations will have fresh cookies. All of that is kind of the wave of the future for 7-Eleven. We’re going to introduce that to the East Texas market.”

The company is keeping the existing employees, said the report.

“We believe that we need to be cleaner, friendlier and offer a bigger array of merchandise at all times, and that’s kind of our hallmark,” Wills said.

Based in Irving, Texas, franchisor 7-Eleven Inc. operates, franchises or licenses more than 72,800 stores in 17 countries, including more than 13,000 in the United States under the 7-Eleven and Speedway banners.

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