How Sheetz is run
Sheetz says it takes pride in being private and has no plans to offer franchise rights at this time. Its own FAQ jokes that the way to get one is to marry into the Sheetz family. (Sheetz FAQ)
Who owns Sheetz
Sheetz is privately held, and family owned and operated. (Sheetz FAQ)
Franchises like Sheetz
If you want to own a convenience store business, these franchise brands sell the closest thing to Sheetz, largest first.
| Brand | Cost to open | Fee | Royalty | Locations | Sales a location |
|---|---|---|---|---|---|
| 7-ElevenFee $0–$800K · Royalty Share of gross profit | $165K–$1.62M | $0–$800K | Share of gross profit | 8,303−502 in 3 yrs | – |
| Circle KFee $25K · Royalty 3.5–6% | $1.47M–$2.87M | $25K | 3.5–6% | 6,071+143 in 3 yrs | – |
| Holiday StationstoresFee $25K · Royalty 3.5% + fuel per gallon | $3.36M–$7.74M | $25K | 3.5% + fuel per gallon | 538+7 in 3 yrs | – |
| RacewayFee $25K · Royalty $1,000/mo | $198K–$585K | $25K | $1,000/mo | 237+24 in 3 yrs | – |
| Family FareFee $10K · Royalty 56% of gross profit | $30K–$1.17M | $10K | 56% of gross profit | 102+9 in 3 yrs | – |
| Dash InFee $25K · Royalty 30% of gross profit | $120K–$680K | $25K | 30% of gross profit | 55+1 in 3 yrs | – |
| Farm StoresFee $25K · Royalty 6% + minimum · Sales $824K a location | $145K–$249K | $25K | 6% + minimum | 44+4 in 3 yrs | $824K |
Locations are US locations, franchised and company-owned, at the end of the latest year filed. Sales are yearly, before costs, where the brand publishes them.
7-Eleven is the largest, with 8,303 US locations, and Family Fare costs least to open, from $30,300. Circle K added the most locations, +143 over 3 years. Of the brands that publish sales, Farm Stores reports the most per location, $824K a year. The typical retail franchise starts at $198K to open; see where the money goes.
Sources
Questions
Which of these convenience store franchises loses the fewest owners?
Family Fare. None of its franchised locations closed, were terminated or weren't renewed over the years its latest filing covers, against 13.2% a year at Farm Stores. Buy-backs by the franchisor and sales to new owners don't count as exits. Failure rates by brand