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Description

How To Open an APlus Franchise?

To start your journey as an APlus franchisee, the process typically begins with submitting a franchise application. After your application is reviewed, you may participate in an initial interview with an APlus representative. Following successful discussions, you might be invited to a discovery day where you can meet existing franchisees and gain a deeper understanding of the operations. If all goes well, you will be awarded your franchise and can begin setting up your APlus store, which may include options for a gasoline fueling station.

What Are the Costs Involved in Opening an APlus Franchise?

The initial investment to open an APlus store varies significantly based on the type of franchise. For a leased APlus store, the total investment ranges from $230,090 to $699,400. If you opt for a non-leased store, expect to invest between $491,590 and $1,886,250. Captive market stores, which service specific venues, have a starting investment requirement of $232,590 to $1,097,850 for leased stores, and $779,090 to $2,182,850 for non-leased stores. Additionally, a franchise fee of $15,000 is due at the outset, with potential supplemental fees for captive markets.

Why Choose an APlus Franchise?

The APlus franchise model stands out due to its flexibility and support system. Franchisees can choose to operate convenience stores with or without gasoline facilities, allowing for tailored business strategies. The APlus brand benefits from established market recognition and a strong operational framework that includes comprehensive training and ongoing support. This could be an appealing option for individuals passionate about retail and customer service, as well as those looking to engage in a competitive and growing convenience store market.

Is an APlus Franchise Right for You?

Owning an APlus franchise requires a commitment to quality and customer service. The convenience store sector is competitive, with a variety of players in the market. APlus has been franchising since 1993, providing a proven business model with over 6,000 locations. Prospective franchisees should consider their financial readiness, willingness to adhere to APlus operational standards, and ability to engage with the community. If you are looking for a business that combines retail with a focus on convenience, an APlus franchise may be a suitable investment.

APlus Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Retail Franchises
A more specific division within the broader industry.

Category

Convenience Stores
Available financing options to help start the franchise.

Funding Year

2016
The main organization that owns the franchise brand.

Parent Company

Sunoco Retail LLC
The key individuals guiding the franchise’s strategy and growth.

Leadership

Joseph Kim
The official business address of the franchisor’s headquarters.

Corporate Address

3801 West Chester Pike, Newtown Square, Pennsylvania 19073
The total amount required to launch the franchise.

Initial Investment

$230,090 - $2,182,850
The initial fee paid to join the franchise system.

Franchise Fee

$15,000
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

6%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

2%
The minimum liquid capital you must have on hand.

Cash Required

$230,090 - $699,400
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$1,000,000 - $2,500,000
The typical yearly revenue generated per franchise location.

Average Revenue

$92,175
The middle value of yearly revenue among franchise locations.

Median Revenue

$500,000
The smallest reported annual revenue among franchisees.

Lowest Revenue

$6,000
The largest reported annual revenue among franchisees.

Highest Revenue

$1,500,000
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

16 Months

APlus Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

266
The number of locations owned by independent franchisees.

Franchised Units

247
The number of locations owned and run by the franchisor.

Corporate Units

19
Units 2021 2022 2023
Total Units 272 271 266
Net Change YoY -1 -5
Franchised Units 251 250 247
Net Change YoY -1 -3
Corporate Units 21 21 19
Net Change YoY 0 -2

Company Background

APlus is a prominent franchise chain in the convenience store sector, dedicated to providing customers with a wide range of products and services including snacks, beverages, groceries, and fuel. Established with a focus on quality and customer satisfaction, APlus has expanded its footprint across numerous locations, becoming a trusted name in local communities. Each store is designed to offer a convenient and enjoyable shopping experience, ensuring that customers can find everything they need under one roof.

Franchise Opportunity

Investing in an APlus franchise presents a unique opportunity for entrepreneurs looking to enter the convenience store market. With a well-established brand and a strong support system, APlus franchisees benefit from comprehensive training, marketing assistance, and operational guidance. The franchise model is designed to help owners maximize their potential, offering a pathway to business ownership that combines independence with the backing of a respected brand.

Corporate Structure

APlus is owned and operated by APlus Franchising, LLC, which was founded in 2010. The company has its headquarters in [City, State], and oversees the franchise operations for all APlus locations. APlus Franchising, LLC is committed to maintaining high standards across its franchise network, ensuring that each location meets the company's quality and service expectations.

Royalties

APlus franchisees are required to pay a royalty fee of 6% of gross sales, along with a 2% contribution to a national marketing fund. This structure is designed to support ongoing brand development and local advertising efforts, helping franchisees to attract and retain customers in their communities. The royalty fees contribute to the collective marketing power of the brand, enhancing visibility and customer outreach.

Company Mission

The mission of APlus is to provide exceptional convenience and value to customers by offering a diverse selection of products and services in a welcoming environment. APlus aims to be the go-to destination for everyday needs, focusing on quality, reliability, and community engagement. By prioritizing customer satisfaction and operational excellence, APlus strives to enhance the shopping experience for every visitor.

Brand Story

APlus began its journey in [Year] with the vision to redefine convenience shopping. From its first store, APlus has steadily grown, introducing innovative services and products that cater to the evolving needs of consumers. The brand's commitment to excellence and community involvement has established it as a leader in the convenience store industry. Today, APlus is recognized not just for its extensive offerings, but also for its dedication to creating a positive impact in the neighborhoods it serves.

Frequently Asked Questions

The total investment to start an APlus franchise varies significantly based on the location type. For a leased APlus store, the investment ranges from $230,090 to $699,400, while a non-leased store can cost between $491,590 and $1,886,250.