Hasty Market’s growth strategy is based on acquisitions. “We prune out non-productive stores and then add back new ones,” says Steve Tennant, general manager and vice president of Hasty Market Corp. “In 2012, we removed 39 convenience stores and added 19.” Remodels are an on-going process with franchisees, he says.
The Canadian-based franchisor serves communities across Ontario, with stores ranging from 1,500 to 5,000 square feet.
A majority of sites carry the Hasty Market banner, while 16 others are branded Min-A-Mart and two Farah Food Mart. The company’s primary wholesaler is Core-Mark.
Franchisees can choose full turnkey operations through Hasty Market or join as an existing store. The company provides assistance at any level, according to its website. Hasty Market will assist franchisees in finding a site, negotiating a lease, construction, initial ordering and merchandising, as well as training employees. Hasty Market franchisees have freestanding locations and are also located in strip plazas, urban storefronts, hospitals and shopping centers.
|No. of Stores:||221|
|Average Store Size:||2,500-4,000 sq. ft.|
|Rank Last Year:||43|
|States of Operation:|