The 10 Best Gas Station Franchise Opportunities Of 2023

If you are planning to buy a gas station franchise but don’t know which one is a perfect option for you? If yes, we have got your back.

In this article, we’ll explore the best gas station franchise opportunities in the United States and what franchise support you can expect.

Gasoline is a necessary commodity with relatively constant demand, providing a dependable source of revenue for gas station owners.

With more than $400 billion in revenue every year, gas stations/convenience stores are a significant contributor to the U.S. economy.


The U.S. Census Bureau’s gas station audit reported that with over 120,000 gas stations, the industry is showing gradual but steady growth.

The gas station industry operates franchise stations with gasoline pumps and convenience stores that sell daily necessities such as snacks, drinks, and other merchandise as a complementary source of income.


With the growing energy demand, gas station franchises make an attractive and profitable business venture for those looking to own and operate a business in the retail and convenience store sector.

Here are the ten best gas station franchise opportunities in the United States.

Best Gas Station Franchise
5 Best Gas Station Franchises

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Also Read: Marriott Franchise


10 Best Gas Station Franchise Opportunities 

If you are looking for viable gas station franchises, here are the ten best gas station franchise opportunities in the United States to purchase in 2023:

1. 7-Eleven Franchise

7-Eleven Franchise
7-Eleven Franchise
Founded1927
Franchising Since1964
Estimated Outlets77,000 units
Initial Investment$37,200 – $1,635,200
Franchise Fees$1,000,000
Liquidity$100,000
Royalty Fees50% of gross profit

Read: 7-Eleven Franchise

7-Eleven is an international chain of convenience stores that offers a wide range of products, including food, drinks and snacks, private brand items, gas, and much more which can help you generate additional revenue streams.

Founded in 1927, 7-Eleven operates more than 77,000 locations with gas stations in neighborhood areas, shopping centers, and office buildings across the U.S., Europe, Australia, New Zealand, and the Philippines.

7-Eleven is committed to providing interested investors a chance to engage in a fulfilling global market that provides energy to customers.

The company offers excellent support to franchise owners with in-depth operational and marketing training.

They also provide in-housing financing to cover expenses like startup costs, franchise fees, equipment, inventory, and payroll.


2. BP Gas Station Franchise 

BP Gas Station Franchise 
BP Gas Station Franchise 
Founded1909
Franchising Since1996
Estimated Outlets7,200
Initial Investment$2,500,000-$6,500,000
Franchise Fees$30,000
Liquidity$700,000
Royalty Fees3%

BP is a multinational chain of oil and gas in the United States.

Founded in 1909, the British oil and gas corporation is one of the world’s seven largest oil and gas suppliers, with more than 200 locations worldwide. 

BP provides a strong brand image, which can help attract customers and increase sales.

The company is currently seeking local and international franchises that share the same commitment to providing responsible energy. 

Franchisees will get full support from the franchise in site selection, construction, marketing and advertising, sales planning, and ongoing operational assistance.

With top-quality systems and training programs, BP Gas Station is a popular business option for entrepreneurs interested in owning a business in this industry.  


3. Dash In Franchise

Dash In Franchise
Dash In Franchise
Founded1979
Franchising Since1979
Estimated Outlets58
Initial Investment$138,600-$187,200
Franchise Fees$1,000,000
Liquidity$100,000
Royalty Fees5.5%

Dash In is one of the fastest-growing chains of convenience stores and gas stations in the United States that offers franchise opportunities with multiple revenue streams.

Founded in 1979, Dash is the perfect place for customers to get snacks, drinks, and freshly baked goods while filling up their gas tanks.

With decades of experience in the industry, Dash In has a proven business model which can help minimize risk and increase your chance of success. They are offering franchising opportunities for convenience stores and gas stations.

As a Dash In franchisee, you will get extensive initial training, marketing, and advertising support, and ongoing operational assistance.


4. Murphy USA Franchise

Murphy USA Franchise
Murphy USA Franchise
Founded1996
Franchising Since2013
Estimated Outlets1,700
Initial Investment$62,350-$123,735
Franchise Fees$1,000,000
Liquidity$100,000
Royalty Fees5.5%

Murphy USA is another nationally recognized brand that operates convivence stores and gas stations nationwide.

Found in 1996, Murphy Oil Corp has a long history of crude oil and natural gas production and exploration across the globe and provides quality fuels at affordable prices. 

With more than 1,400 retail locations in 26 states, and currently looking for franchisees with professional experience to build a thriving career in the gas station and convenience store business.

As a Murphy franchisee, you will get unprecedented support from their corporate team to earn high profits.

The franchisees are also offered comprehensive training and ongoing support in marketing and advertising to run a successful Murphy franchise. 


5. RaceTrac Franchise

RaceTrac Franchise
RaceTrac Franchise
Founded1934
Franchising Since1934
Estimated Outlets500+
Initial Investment$1,000,000-$1,400,000
Franchise Fees$25,000
Liquidity$350,000
Royalty Fees3.5%

RaceTrac is one of the leading retailers of fuel and convenience store chains in America that has been serving customers since 1934.

The family-owned chain has more than 500 locations in Texas, Georgia, Tennessee, Florida, and Louisiana; RaceTrac is committed to making people’s lives easier with its broad range of services.

The company has been named “Chain of the Year” by the Convenience Store Decisions in 2019. 

RaceTrac is actively looking for qualified franchisees interested in investing in a new and exciting business opportunity.

The franchisees will be provided with comprehensive training and access to all the tools necessary to operate an RT store successfully.

Their operations team will assist you with pre-launch activities and teach you how to deliver great services to the customers. 


6. Street Corner Franchise

Street Corner Franchise
Street Corner Franchise
Founded1988
Franchising Since1995
Estimated Outlets45
Initial Investment$80,000 to $2,000,000.
Franchise FeesN/A
Liquidity$50,000
Royalty FeesN/A

Street Corner is an old-fashioned boutique convenience store that offers specialty foods, sundries, gas, and much more.

Founded in 1988, the urban concept of Street Corner makes it stand apart from traditional, mainstream convenience stores that lack vision. 

The Street Corner offers franchise opportunities within reach of everyone, making it an excellent franchise opportunity for entrepreneurs seeking an affordable, high volume, and quick sale business model with extensive support. 

In terms of franchise support, it offers comprehensive guidance from real estate selection to ownership and beyond, which makes it one of the easiest and most affordable options to get into business.


7. Chevron Gas Station Franchise

Chevron Gas Station Franchise
Chevron Gas Station Franchise
Founded1879
Franchising Since2007
Estimated Outlets250+
Initial Investment$1,500,000-$2,500,000
Franchise FeesN/A
Liquidity$500,000
Royalty Fees4%

Chevron is an American multinational energy corporation and one of the largest oil and gas companies in the world.

Founded in 1897, the company operates gas stations throughout the United States, offering gasoline, convenience store items, and car wash services.

The company has grown to become the leading marketer of gasoline, diesel, and aviation fuel in more than 180 countries. 

Chevron offers franchise opportunities to individuals interested in owning and operating their gas stations and establishing a profitable business in this highly competitive industry.

Franchisees receive support in site selection, construction, and ongoing operational assistance.

In addition, Chevron provides a strong brand image, which can help attract customers and increase sales. 


8. On the Run Franchise

On the Run Franchise
On the Run Franchise
Founded1994
Franchising Since2009
Estimated Outlets160+
Initial Investment$500,000
Franchise Fees$25,000
Liquidity$100,000
Royalty Fees3.7% -4.5%

On the Run is a convenience store brand owned by a Canadian convenience store company Alimentation Couche-Tard (ACT) that also operates Circle K, Couche-Tard, and Macs.

On Found in 2000 by Mobil to accompany its gas station, On the Run offers a wide selection of everyday necessities, including milk, bread, snacks, quick meal options, health, and beauty supplies, gift cards, and more.  

On the Run stores are owned and operated by ACT, but franchises are available throughout the country.

The chain has grown to be a recognized name in the convenience store industry due to its unmatched and customer-oriented services. 

On the Run provides extensive training and support to its franchisees, including assistance with site selection, store design, inventory management, and marketing, along with ongoing operational support to establish credibility in the local market and attract customers. 


9. Sunoco APlus Franchise

Sunoco APlus Franchise
Sunoco APlus Franchise
Founded1985
Franchising Since1985
Estimated Outlets800+
Initial Investment$250,000-$600,000
Franchise Fees$30,000
Liquidity$125,000
Royalty Fees5%

Sunoco APlus is another well-known gasoline and convenience store company in the United States that operates gas stations nationwide.

Found in 1985, Sunoco offers fuel, convenience store items, car wash services, and more. 

Sunoco APlus is proud to have more than 800 franchises all along the east coast of the United States from Massachusetts to Florida and west into Ohio and New York, where customers stop by to fill up their tanks and buy coffee and daily groceries. 

As a Sunoco APlus franchisee, you’ll be working on a proven business model and operating under a recognized brand name.

Additionally, you will be provided with comprehensive initial training, access to the company’s business systems, marketing tools, and ongoing operational and marketing to ensure a successful franchise. 


10. Valero franchise

Valero franchise
Valero franchise
Founded1980
Franchising Since1985
Estimated Outlets1,500
Initial Investment$250,000-$674,000
Franchise Fees$1 million-$5 million 
LiquidityN/A
Royalty FeesN/A

Valero is the best-in-class producer of fuel and products that are used in everyday life.

Founded in 1980, Valero is the world’s largest independent refiner, with 15 refineries in the United States, Canada, and the UK. Valero has the mission to meet the world’s growing demand for reliable energy.

Valero offers franchise opportunities for individuals interested in owning and operating a gas station. 

The ideal franchisees are the ones who are growth-oriented, have sound financial backgrounds, and have good networking skills. 

 Franchisees will receive support in site selection, construction, marketing, and ongoing operational assistance.

In addition, Valero also provides a strong brand image which can help attract customers, increase sales and build a successful business fast. 


Comparison of Top 5 Gas Station Franchise Opportunities

Company7-Eleven  BP Gas Station FranchiseDash InMurphy USARaceTrac 
Founded19271909197919961934
Outlets 61,0867,200581,700500+
Franchise Fee $37,500$30,000$1,000,000$39,000-$55,000$25,000
Initial Investment from $37,550$2,500,000-$6,500,000$138,600-$187,200$62,350-$123,735$1,000,000-$1,400,000
Royalty Feevaries3%5.5%10%3.5%

Conclusion

Gas stations and their corresponding convenience stores rank as one of the most popular and profitable franchises in the United States.

There are two ways to start a gas station business in the USA. You can either build your own or start a franchise.

Investing in a gas station franchise is a much safer and more stable investment than starting your own, considering the risks, experience required, and risks involved. 

However, it is important to consider that investing ins a gas station franchise, like any other business venture, comes with its risks and challenges.

It is crucial to thoroughly research the franchise opportunity, conduct a detailed market analysis and seek the advice of a financial advisor before making any investment decisions. 

To ease the challenge, we have included a comparison table of the top five gas station franchise opportunities above that will help you compare the initial investment, franchise fees, and royalty fees of each to see which one is perfect for you.


FAQ

How Profitable Is It To Own A Gas Station Franchise In 2023?

Gas stations and their related convenience stores are one of the most profitable businesses in the United States.

Currently, there are more than 100,000 gas stations in the country, which generate a combined revenue of more than $400 billion. 

How Much Does A Gas Station Franchise Owner Make?

The revenue of a gas station franchise depends on the brand, location, and services offered.

In the Northeast, the average income of a gas station owner is around $69,000, while in the West, you can make around $60,000 annually. 

How To Buy A Gas Station Franchise In The United States?

Buying a gas station franchise starts with writing a business plan detailing the business operations, marketing, and finances to help you strategize the startup.

Then choose between the franchise option and select the right location for your gas station.

Finally, you’ll need to obtain the necessary permit and licenses to protect your assets and mitigate risks. 

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