Alimentation Couche-Tard Inc. is putting 25 Mac’s, Circle K and Couche-Tard convenience-store sites on the market in Alberta, Ontario, Quebec and Saskatchewan in Canada. These sites are in addition to the 68 stores Circle K is offering in the United States.
Of the 25 sites, six sell fuel and the balance are convenience store only.
Couche-Tard has retained NRC Realty & Capital Advisors LLC (NRC) to coordinate and manage the marketing and sale of the sites, along with Paracom Immobilier. This is NRC’s fourth sale for Circle K in the last three years.
“We have some good business opportunities in this offering which will be of interest to individual operators and smaller businesses,” said Evan Gladstone, NRC’s executive managing director. “We have five stores in Alberta and the balance in Ontario and Quebec.”
The stores selling fuel are all offered without fuel supply and all stores are being sold without convenience-store brand.
NRC has set the bid deadline for Jan. 9, 2024. Interested parties may get store locations and additional information by going to the sale website at www.cstorebids.ca or by calling NRC at (800) 747-3342 ext. 2306, or Paracom Immoblier’s Renee Spenard (512) 839-3227 or David Provost (512) 222-1414.
Paracom Immobilier is a full-service commercial real estate brokerage company based in Montreal. Its retail mandates, both on the tenant mandate side and landlords and developers, services the urban markets in major Canadian cities and suburban developments of the market in investment sales and leasing of commercial properties, industrial properties and sales of multi-residential apartments and development opportunities.
Chicago-based NRC provides real estate and financial advisory services to the c-store and petroleum industries in North America. Those services include portfolio evaluation and analysis; portfolio and single-site store sales and merger-and-acquisition (M&A) advisory services.
- Alimentation Couche-Tard is No. 2 on CSP’s 2023 Top 202 list of convenience-store chains by store count.
Couche-Tard’s 24-country network includes more than 7,100 in the United States, primarily under the Circle K and Holiday Stationstores banners, and approximately 2,100 in Canada under the Circle K, Mac’s and Couche-Tard banners. In Europe, under the Circle K and other banners, Couche-Tard operates a retail network in Scandinavia, Ireland, Poland, the Baltics and Russia with more than 2,700 stores and unmanned automated fuel stations. And under licensing agreements, more than 2,200 stores operate under the Circle K banner in 15 other countries and territories (Cambodia, Egypt, Guam, Guatemala, Honduras, Hong Kong, Indonesia, Jamaica, Macau, Mexico, Mongolia, New Zealand, Saudi Arabia, the United Arab Emirates and Vietnam). This brings Couche-Tard’s total worldwide network to approximately 14,300 stores.
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