7-Eleven Sells 293 Stores to 3 Separate Buyers

The convenience retailer now operates, franchises and/or licenses nearly 77,000 stores worldwide.

May 20, 2021

Speedway Gas Station

IRVING, Texas—7-Eleven has signed deals to sell 293 Speedway and 7-Eleven stores to three separate buyers, the company announced. This follows the completion of 7-Eleven's acquisition of Speedway from Marathon Petroleum Corp. on May 1.

Anabi Oil, a family owned and operated business based in Upland, Calif., is buying 124 Speedway and 7-Eleven sites in the Midwest, Northeast, Florida and Utah under a March 15 agreement with 7-Eleven.  

“We are excited to expand our presence into these great markets and welcome the new store team members into the Anabi family,” said Sam Anabi, president and CEO of Anabi Oil. “We have a proven track record of integrating operations with minimal disruptions and evolving the product assortment to meet our customer’s needs. This acquisition will provide opportunities for employees throughout the organization. With tenured leadership and a reputation of being on the leading edge of trends in the industry, the company is ready to expand and integrate into these great communities.”

Jacksons Food Stores, a chain based in Meridian, Idaho, agreed to buy 63 Speedway sites in California, Arizona and Nevada under a March 17 deal with 7-Eleven.

“Since we opened our first service station in 1975, we have continually focused on the fundamentals of what a store could be, by building a culture that continually innovates and focuses on meeting employee and customer needs," said John Jackson, founder and CEO of Jacksons Food Stores. “Today we build on this legacy by adding more talented associates and great locations to the Jackson family of companies to broaden who we serve and how we serve them.”

JFS/JE said it currently owns operates and supplies, more than 264 stores across six Western states. The transaction will give Jacksons 59 stores in key California markets, many of which will be operating under Jacksons or ExtraMile by Jacksons brands.

As NACS Daily previously reported, 7-Eleven agreed to sell 106 Speedway and 7-Eleven sites located in the Mid-Atlantic and Northeast to CrossAmerica Partners LP, a publicly traded limited partnership based in Allentown, Pa.

Based in Irving, Texas, 7–Eleven operates, franchises and/or licenses nearly 77,000 stores in 16 countries and regions, including nearly 16,000 in North America.

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