| ||||
Updated Recentlyam/pm Convenience Stores vs Tedeschi Food Shops Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of am/pm Convenience Stores vs Tedeschi Food Shops 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 | $45,000 - $137,000 |
| Franchise Fee | $40,000 - $70,000 | N/A |
| Royalty Fee | 11%-14% | - |
| Advertising Fee | 5.5% | - |
| Year Founded | 1975 | 1962 |
| Year Franchised | 1979 | 1972 |
| 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 | * Customer centric, outgoing and committed to providing the best customer service experience * Participates in the day-to-day operation of the store * Cultivates an understanding and a drive for local community Involvement * Has prior food service management or retail experience * Demonstrates the ability to build a high performing team and organization * Able to manage multiple task simultaneously and adapt to market and company change * Prove permanent residency in the United States * Has excellent credit * Must be able to provide exceptional customer service * Understands & respects the relationship between franchisee & franchisor |
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 | - |
| 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.