According to NACS, 62.1% of all C-Store owners in the US are single-site operators. This means the majority of the C-Store Industry is comprised of single-site owners and small operators. This pandemic has been rough on everyone, but it is expected to hit small companies the hardest. Small operators are categorized as owners that retain 1-20 stores. Their average store size is 3,470± square feet and only about 20% also have a car wash whereas the industry average is 3,225± square feet. Not all is bad though, in 2019 small operators saw increases in multiple sectors regarding their in-store sales so there is still plenty of potential in the industry. Here is a deeper look into the small operator’s in-store sales before expenses.
While beer, wine, and tobacco remained strong. Those operators that understand the new trends will thrive well into the future. We look forward to hearing from you and discuss your company’s future.
Source: Convenience Store News
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