Mergers & Acquisitions

ANZ Petroleum Brings 7-Eleven Store Format to New England

Newest location includes drive-thru, Laredo Taco Co., indoor seating and more
ANZ Petroleum 7-Eleven store, Danbury, Conn.
Photograph courtesy of ANZ Petroleum

DANBURY, Conn. — A 1.47-acre redevelopment project has brought 7-Eleven’s newest store format to New England.

The 5,230-square-foot store, operated by 7-Eleven Inc., includes a drive-thru, 7-Eleven’s proprietary Laredo Taco Company quick-serve-restaurant (QSR) offering and indoor seating, as well as a six-dispenser fuel island, including diesel.

The store began operations on Feb. 11, following grand opening ceremonies attended by Danbury Mayor Dean Esposito, who performed the official ribbon cutting. 

The previous landowner contacted of ANZ Petroleum in 2019 to sell the site after a long-term Cumberland Farms contract was terminated following several years of zoning and development work, the company said. This was at a time when EG America was in the process of acquiring Cumberland Farms.

Working with Petroleum Equity Group (PEG) of Chappaqua, N.Y., ANZ concluded the site was right for gas, convenience and QSR use.

“We are very pleased to have 7-Eleven as our tenant at this beautiful facility serving the Danbury community,” said Mir Ahmed, president of ANZ Petroleum. “Additionally, we could not have achieved this successful outcome without the expert advisory services provided to us by downstream fuels industry-veteran Ken Shriber of PEG.”

Neal D. White Jr. of Cramer & Anderson, with several locations in Connecticut, served as counsel to ANZ Petroleum.

ANZ Petroleum owns, operates or controls numerous retail gas and convenience store sites, including a big-box travel center with QSR and Tesla charging stations, and where it is a 7-Eleven and Sonic Drive-In franchisee. The stores are in Fairfield County and other parts of Connecticut, and fly the flags of Valero, Sunoco and CITGO brands. Several stores have a Krispy Krunchy Chicken food offering.

Petroleum Equity Group is a full-service advisory company to the downstream fuels and convenience store industry.

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