am/pm Convenience Stores vs Kangaroo Express Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of am/pm Convenience Stores vs Kangaroo Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$440,291 - $10,405,152 | $133,390 - $1,912,000 |
Franchise Fee |
$40,000 - $70,000 | $20,000 - $50,000 |
Royalty Fee |
11%-14% | - |
Advertising Fee |
5.5% | - |
Year Founded |
1975 | 1995 |
Year Franchised |
1979 | 1997 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
$35K-60K | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-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 |
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 |
US Expansion |
Yes | Yes |
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 Kangaroo Express
Kangaroo Express offers business operators and entrepreneurs the opportunity to work with a
franchisor who not only helps grow new ventures, but offers the
flexibility to tailor individual stores to the customers they serve.
Whether establishing new locations or converting existing properties, we
provide benefits to every type of franchisee.
The total investment necessary to begin operations of a Kangaroo Express
convenience store franchise is from $616,500 to $1,912,000 for a newly
constructed Kangaroo Express Store and $191,500 to $995,000 if you are
converting an existing convenience store to a Kangaroo Express Store.
This includes $5,000 to $12,500 that must be paid to the franchisor or
their affiliates whether you open a newly constructed Kangaroo Express
Store or convert an existing convenience store to a Kangaroo Express
Store. If you purchase an existing company-operated Kangaroo Express
Store from the franchisor, the amount you will pay to the franchisor is
difficult to estimate based on real estate costs as well as the
ancillary businesses usually associated with a convenience store and
varies depending on the purchase price the franchisor negotiates.
The total investment necessary to begin operations of a newly
constructed or rebuilt Motor Fuel Business is from $553,390 to
$1,852,390. The total investment decreases to $133,390 to $1,337,390 if
you are converting an existing forecourt to a Motor Fuel Business. This
includes $20,000 to $50,000 that must be paid to the franchisor or their
affiliates. The total investment noted in this paragraph for a Motor
Fuel Business is in addition to the total investment necessary to begin
operations of the Kangaroo Express convenience store franchise.