Minit Mart: A Brief Overview and Analysis
Minit Mart, with the slogan "Your Trusted Neighborhood Convenience Store," is a well-established convenience store chain that offers customers a wide range of products and services, including branded gas, beverages, food, and various retail items. The company was founded in 1967 by Ralph and Fred Higgins and has since expanded to 225 stores across multiple states in the United States.
In 2015, Travel Centers of America acquired all Minit Mart locations, and later in 2018, these locations were sold to EG Group, a part of EG America, which also operates several other U.S.-based sister companies. EG Group, headquartered in Blackburn, England, is a leading independent fuel station and convenience retailer with a diversified portfolio across eight countries in Europe and North America. Zuber Issa and Mohsin Issa, the Founders and co-CEOs of EG Group, received recognition as the 2016 NACS Insight European Convenience Industry Leader of the Year.
Despite the absence of specific details on the last investment and investors, the strategic acquisitions and the strong position of EG Group in the industry indicate potential for further growth and expansion for Minit Mart under the EG America umbrella. The company's long history, wide geographic presence, and its association with a globally recognized and awarded parent company make Minit Mart a noteworthy player in the convenience store market.
For more information, visit www.eurogarages.com.
There is no investment information
No recent news or press coverage available for Minit Mart.