am/pm Convenience Stores vs Family Fare Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of am/pm Convenience Stores vs Family Fare including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
am/pm Convenience Stores Franchise
Family Fare Franchise
Investment $440,291 - $10,405,152$31,800 - $201,700
Franchise Fee $40,000 - $70,000$19,900
Royalty Fee 11%-14%-
Advertising Fee 5.5%-
Year Founded 19751936
Year Franchised 19792013
Term Of Agreement --
Term Of Agreement --
Renewal Fee $35K-60K-


Business Experience Requirements
 
am/pm Convenience Stores Franchise
Family Fare Franchise
Experience - U.S. citizenship, or permanent resident alien status with a minimum age of 21 years old - Personal participation in operating a retail facility (minimum of 40 hours per week) - Successfully complete all training requirements - Good credit record / credit history evidenced by prompt payment of all financial obligations - Liquid capital required may be $1,200,000 or higher - Possess an entrepreneurial attitude, creativity and the ability to make sound business decisions - Ability to create and implement a comprehensive business plan - Ability to successfully execute the am/pm franchise operational procedures - Excellent project management skills and attention to detail - Ability to obtain/qualify for a beer and wine sales license for off-site consumption-

Financing Options
 
am/pm Convenience Stores Franchise
Family Fare Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
am/pm Convenience Stores Franchise
Family Fare Franchise
Training On-The-Job Training: 120 hours Classroom Training: 66 hours Additional Training: In-class sessions & hands-on training -
Support Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Field Operations -
Marketing Co-op Advertising Regional Advertising Social media Loyalty program/app -
Operations Number of Employees Required to Run: 10-

Expansion Plans
 
am/pm Convenience Stores Franchise
Family Fare Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion No-

Company Overviews

About am/pm Convenience Stores

A Brand That Stands Apart
Powerful, distinctive branding is the cornerstone of am/pm's high visibility in the convenience-store industry. Wherever our stores are located, am/pm enjoys broad name recognition as a result of our familiar trademarks and distinctive marketing. By combining top brands with our own unique, in-demand offerings, am/pm franchises will continue to lead in the convenience-store industry.
* Proprietary offers such as Fast Food, Coffee & Fountain Drinks differentiates am/pm from the competition
* Innovative marketing, branding & media advertising helps support business growth
* The BP am/pm Franchise offer is leveraged by BP's strong gas brand of Amoco fuels
Day or Night, am/pm Stores are Always There to Serve Their Customers Our success depends on your success. At BP am/pm facilities you will find commitment to excellence and an emphasis on respect in how we treat our customers and each other. am/pm convenience stores offer a fast, fun, dynamic and rewarding experience. The World of am/pm Petroleum - Convenience store growth is an unstoppable force - an evolving industry with high customer demand. The BP and am/pm brands are uniquely positioned to meet these needs - and to open a world of opportunity for you. am/pm is the convenient place for customers to get meals, drinks and snacks with just the right ambiance.
Our success depends on your success. At am/pm, you will find commitment to excellence and an emphasis on respect in how to treat your customers.
am/pm offers a fast, fun dynamic and rewarding environment. With am/pm you get a thoroughly distinctive brand and comprehensive support for your business.
A key element of am/pm's convenience strategy is the delivery of a differentiated and distinctive offer focused on meeting the needs of your customers.
Veteran Incentives  50% off franchise fee
#158 in Franchise 500 for 2020.

About Family Fare

Family Fare is the leading convenience store franchise-retailer in North Carolina. We rely on the entrepreneurship and energy of our Franchisees to operate Family Fare stores. As a 100% Franchised organization, the assistance and support we provide is completely dedicated to making our franchisees a success.  You will not compete for CORPORATE-FRANCHISOR SUPPORT with a company-operated network of stores. Our support will help you be in business for yourself without you being by yourself!  Our retail consulting leadership team has over 200 years of combined experience to help you live our mission, vision, motto, and tag line all rolled in to one: Family Fare…Helping You Get There!   

If you enjoy working hard in a fast-paced retail environment, let us show you how Family Fare can Help You Get There!  Started with a spirit of entrepreneurship by the same family that continues to lead the franchise today, Family Fare is positioned to share with our Franchisees the expertise we've built over more than 80 years in the retail business.  This extended track record provides Family Fare a special ability to serve our franchisees. 

Franchisees will receive extensive training in customer service, merchandising, vendor relations, marketing, operations, and administration. Our training has been compared to entry-level business college courses. Instructors have combined over 200 years of experience in retail. Come see our state of the art MBA style classroom and experience the Family Fare difference! 

Our Franchisees want the freedom and independence to run their own business with the extensive help, support and loyalty of a franchisor that cares about your long-term success. Most of our Franchisees have retail experience leading teams of people. It is helpful to have management experience in a retail setting, but not necessarily in the convenience store industry. Enjoying working with the public, and working hard, in a fast paced retail environment is critical to your success as a Family Fare Franchisee. 

Veterans discount of 20% off the initial franchise fee.