Vol. 1, No. 1
October 1, 2008

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Top Story

Welcome to the Newsletter

Greetings, and welcome to our inaugural newsletter. We have put together this short, monthly email as a way to keep in touch with you, our users, and also as a way to deliver more news, events, insights, and even our own opinions on what is happening in the gas station and convenience store industry.

Our audience consists of a wide array of groups and individuals. We have users registered as owners, operators, vendors, manufacturers, buyers, sellers, wholesalers, and consumers. All of these people make up the gas station community, and we will give each of you a voice.

So if you have any thoughts our suggestions on how we can improve our site or this newsletter, please contact us on our website. In addition, if you have a story you want to tell or a product or service you want to promote, let us know. We might be able to help you start the conversation.

What's New

ISP Migration Complete

GasStations.com just recently completed an ISP migration. Basically what that means is that we have changed internet providers to offer you faster and more reliable service.

We apologize for the short period of downtime during the switch where service was interrupted and apologize for any inconvenience this may have caused. The resulting glitches have been worked out and the site should be fully functional once again. Thanks again for your patience.

Operations News

Hire the Best C-Store Employees

Convenience Store Coaches Inc. has just published a new book titled, "Hire the Best C-Store Employees". This will be the first in a series of books that aims to help c-store retailers hire, recruit, coach, and train quality managers and employees. The goal of this group is to help c-store retailers improve their bottom line through their front line.

The authors, Linda McKenna and Terry McKenna will be speaking on the book at the upcoming NACS show in a seminar titled "Obtaining a High Performance Workforce". Their seminar will be held on Sunday, Oct. 5th at 8:00am. All retailers that attend this seminar will qualify to receive a Free Assessment of their current interview and selection processes.

Featured Article
by: Terry Monroe
Business Broker / Consultant

So You're Thinking About Selling?

The results are in, and according to the 2007 NACS State of the Industry report, convenience store sales rose to a record-high $569 billion last year, but profits plummeted by a record $4.8 billion. The staggering drop in profitability has hit multi-store owners the hardest, with many of them considering selling their stores. But thanks to a tax law provision known as the 1031 Exchange, costly tax consequences resulting from the sale of those stores can be avoided.

Click here to read the full article.

Upcoming Events

CONFERENCES
NACS Show 2008 - Chicago Illinois
October 4 - 7, 2008

NACS Introduction to Category Management Seminar - Charleston South Carolina
December 3 - 4, 2008

FoodService at Retail Expo - Schaumburg, Illinois
August 17 - 19, 2009

Featured Listing

Great Profit - Low Price

Location: Bayshore, New York
Asking Price: $419,950
Inside Sales: $57,000
Gas Gallons: 140,000

Branded Gas Station. Fantastic opportunity. Great turn key business that can be run by an absentee owner. Two new tanks with 17,000 gallon capacity. Environmentals checked March of this year, all is OK. Don't let this opportunity slip by you. Lease has 17 years remaining with only $5,500 rent. 139,850 gallons of gas per month average.

Store and station are in great condition. There is nothing for a new owner to do except make your money! Gas station has 4 self service pumps. Store has lottery plus groceries. Corner location on busy road. Strong possibility of growth by re-merchandising store by putting in faster moving items with higher gross margin and also adding a deli. Perfect for an absentee owner. Super business, low price, great location, ease of operation.

Get the Full Listing Here

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