Raceway Business Opportunity Franchise

Wednesday

Jun022010

Convenience Store

RaceWay opened an independent gas station in St. Louis, Missouri, 1934. The strategy was to be independent of major oil companies and be able to consistently offer lower-priced gasoline. The company expanded throughout the South and into Texas. RaceWay stores are Contract Operator, and a division of RaceTrac.

Our offering allows you the opportunity to capture and generate income, while avoiding tying up investment dollars in cost of ownership of a building and land, leasing these allow you to use your invest dollars in inventory. RaceWay owns, supplies, and prices the gasoline, paying commissions on every gallon sold, making your job easier. These services allow you to focus on your investment choices in inventory and service, which is your key revenue source.

There is no franchise fee. RaceWay is not a franchise, it is a contract operator relationship, and we do not require you to pay franchise fees, commissions, royalties, or advertising fees. Additionally long contacts, complex rules or proprietary food offering, mandated by others' agreements, will not bind you here. You will be able to manage your business to serve the demographics that your area demands and is most profitable for you.

Start-up Costs & Fees

What is the total cost to open a Raceway?

Total Cost: $200,000 USD -$350,000 USD
Initial Fee: Not Available
Ongoing Royalty Fees: Not Available
Ongoing Advertising Fees: Not Available
Term of Agreement: 1 Year (Minimum)

Contact Information for Raceway

RaceWay, Inc.
635 Park Ave.
Moody, AL
35004

Phone Number: (205) 640-3295 x 3548
Toll Free: (800) 688-6199 x 3548
Fax Number: (205) 640-3296

Franchise Homepage:

Company History

In what year did Raceway begin operations? 1934
When did Raceway start Licencing? 0

Year United States Canada International Corporate

2006 289 0 0 0

2005 283 0 0 0

2004 168 0 0 0

2003 159 0 0 0

2002 146 0 0 0

2001 137 0 0 0

2000 117 0 0 0

Year	United States	Canada	International	Corporate
2006	289	0	0	0
2005	283	0	0	0
2004	168	0	0	0
2003	159	0	0	0
2002	146	0	0	0
2001	137	0	0	0
2000	117	0	0	0

Future Expansion

United States: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia

Training & Support

Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation

Franchise Operation Restrictions

Number of employees needed to run unit: 3 - 7 Absentee ownership of unit is NOT allowed. 100% of current units are owner/operators.

Qualifications & Business Experience

Business Experience:Candidates for the operation of a RaceWay Stores should have retail and or gas experience, as they will be responsible for the day-to-day operations of the store. You will reap the rewards of operating your own business while working with the recognized leader in low cost fuel.

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes

Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.

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Legal Disclaimer: This information is not a franchise offering for Raceway and should not be construed as such. TheFranchiseMall.com makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Raceway franchise opportunity, review that franchise's Federal Disclosure Document (FDD) with an attorney and accountant.