7-Eleven Selling Around 70 Stores

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Alpha8472
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7-Eleven Selling Around 70 Stores

Post by Alpha8472 »

They are selling around 73 gas stations and or convenience stores. There are 33 from New Jersey, Massachusetts, and New York. Texas has 7, some in the Midwest and Mid-Atlantic, and a few on the West Coast.

The sites average three-quarters of an acre. Larger lots are suitable for redevelopment. Some are under half an acre. The store sizes range from under canopy kiosks to 6,900 square feet.

I have not seen a cashier booth sized 7-Eleven. Are these common? In California, 7-Eleven seems to have many convenience stores with no gas pumps. I rarely see 7-Eleven branded gas pumps.

https://www.csnews.com/7-elevens-sale-7 ... -operators
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Re: 7-Eleven Selling Around 70 Stores

Post by BillyGr »

Alpha8472 wrote: September 28th, 2022, 10:30 pm They are selling around 73 gas stations and or convenience stores. There are 33 from New Jersey, Massachusetts, and New York. Texas has 7, some in the Midwest and Mid-Atlantic, and a few on the West Coast.

The sites average three-quarters of an acre. Larger lots are suitable for redevelopment. Some are under half an acre. The store sizes range from under canopy kiosks to 6,900 square feet.

I have not seen a cashier booth sized 7-Eleven. Are these common? In California, 7-Eleven seems to have many convenience stores with no gas pumps. I rarely see 7-Eleven branded gas pumps.

https://www.csnews.com/7-elevens-sale-7 ... -operators
Just looking quickly at the listings, many in the NJ and NY areas are Speedway stores. They definitely have some of those small locations that come from Hess-tory, though at least with the NY ones closing most look to be downstate (probably due to 7/11 never having much in the areas further north).

They have at least one here that is definitely like that with a small store that was once just for the attendants and a cashier back in the full serve days, plus some of the under-canopy stores as well.
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Re: 7-Eleven Selling Around 70 Stores

Post by veteran+ »

Alpha8472 wrote: September 28th, 2022, 10:30 pm They are selling around 73 gas stations and or convenience stores. There are 33 from New Jersey, Massachusetts, and New York. Texas has 7, some in the Midwest and Mid-Atlantic, and a few on the West Coast.

The sites average three-quarters of an acre. Larger lots are suitable for redevelopment. Some are under half an acre. The store sizes range from under canopy kiosks to 6,900 square feet.

I have not seen a cashier booth sized 7-Eleven. Are these common? In California, 7-Eleven seems to have many convenience stores with no gas pumps. I rarely see 7-Eleven branded gas pumps.

https://www.csnews.com/7-elevens-sale-7 ... -operators
I have not bumped into any 7-11s in my area with gasoline.

And BTW..............................all of the stores I have seen are gross!!!
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Re: 7-Eleven Selling Around 70 Stores

Post by storewanderer »

I believe around South San Francisco or Daly City there is a 7-Eleven (long standing, had the Citgo fuel) with a kiosk booth only and no store. Only one I've ever seen.
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Re: 7-Eleven Selling Around 70 Stores

Post by storewanderer »

Selling 70 stores is just dipping their toes in the water for a network restructure. They probably need to dump 2,000 stores. Maybe more.

My guess is they need money. The stores being sold look typical, some even look newer. Doesn't look like a bunch of junk stores, or I should say, no more junk here, than they usually have.
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Re: 7-Eleven Selling Around 70 Stores

Post by mburb1981 »

Went on NRC's site and there's only one Michigan store for sale: a Rich-branded gas station in Standish. Rich was a brand used to convert some lower-volume Speedway and Total stations, very few Rich-branded stations remain.
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