What Is The Real Motivation To Sell?

What Is The Real Motivation To Sell?

Selling your business is a big decision and must not be taken lightly. As the owner, you will need to be committed to going through the process. Selling a business is a time-consuming endeavor. If you are not committed to closing the deal you will waste time and...
The Buyer Due Diligence Process

The Buyer Due Diligence Process

As a seller, you want to present your business in the best possible light. Chances are that you have also been busy operating the business and have not been focused on the things that will make it easier to sell your property. In this article, we will take a step...
The New Normal For Convenience Stores

The New Normal For Convenience Stores

Everything and everyone we care about has been rocked by the COVID-19 pandemic. In just weeks, our world has been turned upside down. We find ourselves trying to navigate this surreal landscape, addressing each new challenge – both personal and professional – as...
How Will COVID Affect Gas Station/C-Store Values?

How Will COVID Affect Gas Station/C-Store Values?

The COVID crisis has hit many industries hard, and the gas station/c-store industry has not been spared. Many operators are in survival mode right now, trying to cope with huge volume losses at the pump and inside stores. For March and much of April, excellent fuel...
Conditions For Convenience Stores Are Improving – Slowly

Conditions For Convenience Stores Are Improving – Slowly

The key metrics of the current economy in New England shows a slight improvement. Trips for retail and recreation have improved by approximately 10% from two weeks ago. Trips to grocery and pharmacy stores have improved by 20% to 25% from two weeks ago. This is likely...
COVID Safety Tips For Cstore Owners

COVID Safety Tips For Cstore Owners

Convenience stores are on the front lines of the Covid crisis, providing essential items for scared customers. There is already some discussion that in providing this service, c-store operators are making themselves vulnerable to lawsuits from employees and customers...
C-STORE PRODUCT MIX DURING COVID-19

C-STORE PRODUCT MIX DURING COVID-19

COVID is having a far-reaching impact on our industry. Fuel sales are down significantly but climbing back up. C-store sales started down a lot too but have generally rebounded to levels close to pre-COVID norms, and in some cases, sales are even higher than pre-COVID...
ADAPTING TO THE NEW NORM

ADAPTING TO THE NEW NORM

We are seeing travel increase as state officials lift restrictions. Personal travel hit its lowest level the week of April 12th with declines of 40% to 50% from preCOVID travel patterns. The week of May 3rd saw personal travel off 8% to 12% in most New England states....