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Entrepreneur: Start & Grow Your Business

ampm Mini Market

Convenience store & gas station

Background

Founded: 1975 Franchising since: 1979
The first ampm location opened in Southern California in 1978. There are now nearly 3,000 combination gas station and convenience stores across the U.S. and internationally. ampm Mini Markets offer nearly 2,200 different hot and cold snack food and drink items.
4 Centerpointe Dr.
La Palma, California 90623
Phone:
(888)894-2676


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 1055 0 1901 95
2008 772 0 1,928 280
2007 720 0 1,982 279
2006 667 0 1,987 244
2005 680 0 0 250

Where Seeking Franchisees
Not available in the U.S.
Outside the U.S.: Africa, Asia, Canada, Central america, Eastern europe, Middle east, Mexico, South america

Costs and Fees

Total investment: $1.8M-7.6M
Franchise fee: $30K-70K
Ongoing royalty fee: 5%
Term of agreement: 20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment Yes No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $700K-1M
Business Experience:
  • General business experience
  • Personal participation in operating a retail facility, good credit history

Operations
  • Number of employees needed to run franchised unit: 10 - 10
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at franchisee's location
  • In-class sessions & hands-on training : 7 weeks

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Regional advertising

Other marketing support
  • In-store promotions, TV & radio advertising

Rankings

Franchise 500® rank:
#35 (2009); #35 (2008); #51 (2007);

Fastest-Growing Franchises:
#57 (2009); #76 (2008);

America's Top Global Franchises:
#30 (2009); #22 (2008); #34 (2007);