- C-Stores Are Our Specialty
- Facts About Business Acquisition Financing
- Facts About Business Buyers
- Entrepreneurs Who Are Veterans
- Minorities In Business
- Why Businesses Are For Sale
- Return On Investment Analysis For An Absentee Owner
- How To Analyze Cash Flow and ROI of Any Business
- C-Store Industry Overview
- C-Store Trend Report
- Facts About The Small Business Administration (SBA)
Convenience Stores, Service Stations, Grocery Stores, Supermarkets, Specialty Food Stores, Liquor/Beer/Wine Stores...
Small Individual Retailers Are Big Business
ABMI, the Midwestern USA's largest, longest established business brokerage, has been specializing in the listing and sale of Convenience Stores, Service Stations, Supermarkets and Specialty Food Stores for almost 30 years. We've successfully brokered the sale of many such businesses, and the agents/consultants/advisors in ABMI's Convenience Store Division are keenly aware of the many aspects of the selling of those businesses with low risk for all parties.
We know of no other brokerage in the Midwestern USA that has managed the sale of more Convenience Stores, Service Stations, Grocery Stores, Supermarkets, Specialty Food Stores and Liquor Stores than ABMI has managed, helping buyers and sellers "get where they want to be", financially, and life-style wise.
ABMI has specialized in helping many, many owners of Convenience Stores, Liquor Stores, Service Stations and other Food and Beverage stores sell their businesses in Kansas City and throughout Missouri and Kansas, and helped buyers buy stores, with low risk for both parties.
For free information about buying or selling one of these business enterprises, you may register with this ABMI web site, and we will then contact you.
C Store Stats:
The Convenience Store industry includes about 120,000 stores with combined annual revenue of about $350 billion. Major companies include 7-Eleven, Circle K, and others. The top 50 companies account for about 35% of industry sales.
Most C Stores are owned by individual owner-operators, including many owners who own multiple locations.
The industry generally includes establishments that are gas station-store combinations, and c-stores that don't sell fuel.
The profitability of individual stores depends on competitive pricing, effective merchandising and the ability to secure high-traffic locations.
Average annual revenue per worker is about $440,000 for gas station-c-store combinations and $145,000 for c-stores without fuel.
Major products sold usually include fuel (about 70% of sales), groceries and cigarettes (about 10% of sales), and beer (5% of sales). Fuel includes regular, mid-grade and premium unleaaded gas and diesel fuel. Groceries include soft drinks, candy, snacks and dairy products.
Gas Station Stats:
The US gas station industry includes about 22,000 establishments (single location companies and units of multi location companies) with combined annual revenues of about $115 billion. Although no major companies dominate, large oil companies own some stations. The top 50 companies hold 30% of the industry sales.
Many service stations are owned by individual owner-operators.
The stats include some truck stops, but excludes establishments that are combination gas stations/c-store stores.
Average annual revenue per worker is about $700,000.
Fuel for motor vehicles accounts for 80% of industry sales. Major products sold include unleaded regular gas (about 60% of fuel sales), and diesel fuel (30%). Gas stations also sell unleaded mid-grade and unleaded premium gas. Truck stops sell more diesel fuel. Many gas stations also maintain a small inventory of snacks, soft drinks and candy products. And, some gas stations have auto repair bays, tire and battery retailing, and some have on site car washes. Truck stops commonly offer food, phones, showers and lounges for truckers and travelers.
Grocery Store/Supermarket Stats
The US grocery industry includes about 65,000 supermarkets and other grocery stores with combined annual revenues of about $465 billion. Major companies include Kroger, Safeway and SUPERVALU, and others. The 50 largest companies generate about 70% of industry revenues.These stats do not include convenience stores, discount stores and warehouse stores.
Many stores are owned by individual owner-operators, especially in small and mid-size population towns, and in rural areas. Smaller operators can compete effectively by offering specialty products, providing superior service, or serving a local market.
Discount stores and warehouse clubs have aggressively pursued the retail grocery market, and Wal-Mart is the largest seller of groceries in the USA. Other competition includes specialty food stores, convenience stores, drug stores, and dollar stores.
Major products sold include perishable foods (50% of sales), non perishable foods (25%), and nonfood items (20%). Perishables include meats/poutry/fish, produce, dairy, frozen foods, and deli items. Nonpreishable foods (or dry grocery) products include most packaged goods, such as cereals, snacks and soft drinks. Nonfood items include health and beauty products, general merchandise and medication (including prescription drugs).
Specialty Food Stores Stats:
The US Specialty food store industry includes about 25,000 stores with combined annual revenues of about $15 billion. Major companies include Whole Foods Market and Trader Joe's. The 50 largest companies account for less than 50% of industry sales.
The industry includes gourmet food stores, natural/organic food stores, health food stores, meat or seafood markets, fruit and vegetable markets, bakeries and candy and nut stores. These stats do not include supermarkets or warehouse clubs or convenience stores.
Many Specialty food stores are owned by individual owner-operators.
Small companies can compete effectively by offering specialty products, providing superior service or serving a local market.
Average annual revenue per worker is about $115,000.
Major products sold by specialty food stores include meat, fish, and poultry (40% of sales), produce (15%), and baked goods and candy (10%). Other products include dry grocery products, dairy products, prepared foods and kitchenware.
Beer, Wine & Liquor Stores Stats
The US beer, wine and liquor store industry includes about 30,000 stores, with combined annual revenue of about $35 billion. No major companies dominate. Individual states have different laws regulating liquor stores, complicating the ability to form national chains. The top 50 companies account for less than 20% of industry sales. These stats do not include supermarkets, grocery stores or convenience stores.
Most liquor stores are owned by individual owner-operators. Small companies compete by offering specialized merchandise, providing superior customer service, or serving a local market.
Major products include distilled spirits (40% of sales), beer (25%) and wine (30%). Some liquor stores also sell cigarettes, lottery, groceries and cigars. Hard liquor includes gin, vodka, rum, whisky, brandy and liqueurs.
Business Owners...We Can Help
ABMI considers owners of businesses to be our clients.
We offer free information and no obligation consultation about the process of helping owners sell their business. ABMI usually charges no front fees to most small or medium size business owners, and is paid a commission when the business sells.
We begin the process by providing the business owner with a free evaluation/pricing, to help determine the market price for the business.
When ABMI lists a business for sale, we invest the money and energy needed to professionally package the listing, confidentially advertise it in various media and on the internet (without divulging the name of the business nor any other confidential information until/and/unless each buyer provides us with a promise of confidentiality), and we service the listing until it is sold, including regular consultations with the business owner during the marketing process.
Business Buyers...We can help
Business buyers are our customers.
We offer free information and no obligation consultation about the process of helping buyers identify their "ideal deal", find it, and arrange the acquisition, including our helping buyers arrange the financing needed.
ABMI has helped thousands of different business buyers arrange financing on hundreds of millions of dollars of acquisitions, of all sizes, all prices, over the almost 30 years we've been brokering businesses.
Real Estate Acquisitions
With some businesses, the owner also owns the real estate/building the business operates out of. In those cases, ABMI's affiliated commercial real estate company, Business Realty, Inc, lists and sells the real estate, and assists the buyer and seller with the details of transferring title to the real estate, including our working with the attorneys, accountants, appraisers, survey companies, EPA engineers, lenders, SBA, and other entities involved in the succesful transfer of ownership.
For free information about the buying, selling and financing of these great investments, you may phone ABMI at 913-341-6300, or register with this ABMI web site, and we will then contact you.
Convenience Stores, Service Stations, Grocery Stores, Supermarkets, Specialty Food Stores, Liquor Stores...Yes, these are basic businesses, providing the public with essential products, and ABMI has specialized in listing and selling these kinds of businesses for almost 30 years.