GPM Investments, LLC is the sixth largest convenience store operator in the United States, with brands including Scotchman, Shore Stop, Dixie Mart, Fas Mart, among several others. Their operations...
GPM Investments, LLC is the sixth largest convenience store operator in the United States, with brands including Scotchman, Shore Stop, Dixie Mart, Fas Mart, among several others. Their operations fall into four reportable segments: retail, wholesale, GPM Petroleum, and fleet fueling. Founded in 2003, GPM Investments originally operated 200+ Fas Mart and Shore Stop locations throughout the eastern United States. In 2013, they expanded to include the brands of Scotchman, Young’s, Li’l Cricket, Quick & Easy Everyday Shop & Cafe, BreadBox and Cigarette City. At the start of 2024, GPM operated more than 1,540 retail convenience stores across 30 states, with approximately 1,400 being company-owned stores. GPM Investments, LLC is a wholly-owned subsidiary of ARKO Corp.
ARKO Corp., (NASDAQ: ARKO) is a leading independent convenience store operator and wholesaler of fuel in the United States. Their highly recognizable convenience store brands offer prepared foods, beer, snacks, candy, hot and cold beverages, as well as partner with popular quick serve restaurant brands. ARKO operates more than 25 regional convenience store brands, considered their “Family of Community Brands.” The Fortune 500 company owns 100% of GPM Investments, LLC, which is considered their primary operating entity. Since 2011, they have completed 25+ acquisitions, growing their site count from 320 to over 3,500 sites. Today, they employ over 13,400 people. ARKO has an S&P rating of B+ and a Moody’s long term credit rating of B2. In 2023, ARKO had a market cap of $0.96B and a reported revenue of $9.41B. ARKO is headquartered in Richmond, Virginia.