1. The gas station store industry operates franchised gas stations with gasoline pumps that in most cases also include convenience store attachments. In addition to retailing gasoline, gas station stores provide quick and easy access to typical convenience store items such as snack foods, soft drinks, basic grocery staples, toiletries, newspapers, and magazines.
2. Gas station franchise models revolve around providing convenience. Gas station franchises will often be located off of busy highways, areas, and roads in order to capitalize on the high traffic flowing through these areas. Many gas station stores not only provide convenience stores but are also attached to fast food restaurants to appeal to hungry travelers making a stop to get gas. This not only allows them to refuel their cars but also their energy.
3. The yearly industry revenue for the gas stations with convenience store market in the United States is estimated at $411 billion.
4. Sales in the gas station store franchise industry largely depends on the trends of vehicle travel since customers at these gas station convenience stores regularly visit due to refueling their vehicles. Regions where the population is more spread out and requires more vehicle travel tend to have more gas station store establishments due to a higher need for gas stations.
5. According to IBISWorld research, over one third of the gas station industry's establishments are located in the Southeast due to the region's dispersed population and limited access to public transportation services, even though only a fourth of the U.S. population resides in this region.