|No. of Stores:||54|
|Rank Last Year:||123|
Jaco Oil Co. owns 54 convenience stores in California and Arizona under the Fastrip banner. Most are leased to independent operators. The target customers are males and females 18 to 50 years old; about 40% of customers are Hispanic, and all employees speak Spanish.
Fastrip focuses on providing friendly service in clean, well-lit stores. They sell gasoline, groceries, snacks, cigarettes, soft drinks, beer and other convenience items, including ice, lottery tickets, fountain drinks and hot coffee. Its 23 beer caves keep drinks at a cold 28 degrees.
Source: Convenience Digital Resource Library, Technomic. For benchmarking purposes, store counts are year-end 2018.