How much does it cost to own a RaceTrac?
What is the initial investment? The initial investment is approximately $1 – $1.4 million. What is the franchise fee? The franchise fee is $25,000.
Is RaceTrac being bought out?
Seven & i Holdings Co., the world’s largest convenience store franchiser and parent company of Irving-based 7-Eleven, agreed Sunday to buy Marathon Petroleum Corp.’s Speedway gas-stations for $21 billion, forging ahead with a deal-fueled expansion in the U.S.
How much does it cost to open a Race Track gas station?
Frequently Asked Questions
| Investment | High | Low |
|---|---|---|
| Initial Fee | $25,000 | $25,000 |
| Security Deposit | $100,000 | $25,000 |
| Opening Inventory & Supplies | $75,000 | $50,000 |
| Operating Capital | $175,000 | $63,000 |
Is RaceTrac privately owned?
RaceTrac Petroleum, Inc. is an American corporation that operates a chain of gasoline service stations across the Southern United States. The firm is Georgia’s third largest private company, with sales of $9.1 billion in 2013….RaceTrac.
| Type | Private |
|---|---|
| Website | www.racetrac.com |
How much is a 7 Eleven franchise?
To buy a franchise with 7-Eleven, you’ll need to have $50,000 – $150,000 in liquid capital and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $37,200 – $1,635,200. 7-Eleven charges a franchise fee of $0 – $1,000,000. They also offer financing.
How do I open a Dunkin Donuts franchise?
How to open a Dunkin’ Donuts franchise?
- Ensure you have adequate capitalization.
- Appreciate the investment required for a franchise.
- Evaluate your prior experience and strengths.
- Assess market availability.
- Submit your application.
- Receive approval & opening your Dunkin’ Donuts franchise.
How much does it cost to open a Wawa franchise?
Wawa is number 38 on Forbes annual ranking of private companies. 5. The average cost to build a Wawa store is $5.4 million. 6.
How much do RaceTrac employees make?
RaceTrac Salaries
| Job Title | Salary |
|---|---|
| Racetrac Sales Associate salaries – 17 salaries reported | $10/hr |
| Customer Service Associate salaries – 17 salaries reported | $11/hr |
| Sales Associate/Cashier salaries – 15 salaries reported | $11/hr |
| Manager salaries – 13 salaries reported | $13/hr |