Convenience store and gas station chain Wawa was founded in Pennsylvania in the 1960s. There are currently more than 850 Wawa stores spread throughout six states on the East Coast. The franchise is renowned for its selection of fresh foods, including as hoagies, soups, and breakfast sandwiches, as well as its spotless restrooms and helpful employees. Customers also like the chain’s dedication to sustainability, which is demonstrated by the abundance of recycling bins and electric vehicle charging facilities in many of its sites.
But why are foreign nationals the owners of so many convenience stores, including Wawa? The franchise business model, which enables anyone from all over the world to invest in and run their own convenience store or gas station, holds the key to the solution. These firms’ stability and profitability attract foreign investors because they provide a reliable revenue stream and inexpensive startup expenses. In addition, the EB-5 program, which gives permanent residency in return for a sizeable investment in a U.S. company, makes it possible for several foreign investors to receive visas.
Let’s now discuss the refreshments found at gas stations. Do they cost more money? Yes, but not always, is the simple response. For convenience, gas stations frequently charge more, so goods like candy bars, chips, and soda could be more expensive there than they would be at a grocery store. However, some petrol stations have started selling cheaper, healthier snack options like yogurt and fresh fruit.
What is the typical size of a convenience shop, to finish? The typical size of a convenience shop is about 2,700 square feet, according to the National Association of Convenience Stores (NACS). Convenience stores come in a variety of sizes, some as little as 500 square feet and others as big as 10,000 square feet.
In America, there are many different gas stations to select from, but Wawa stands out as the top option for drivers. Because of the franchise business model and EB-5 program, foreigners frequently operate convenience stores, including gas stations. Even though healthier options are becoming available, gas station snacks might be more expensive. The average size of a convenience shop is approximately 2,700 square feet, while several sizes are available.