GPM Investments, LLC, or GPM, is the largest privately-owned company in the convenience store channel of business, operating or supplying fuel to more than 1,100 stores in a total of 18 states. The company, based in Richmond, VA, operates or supplies stores in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee and Virginia.
GPM started its growth in August 2013 with the purchase of a 263-store group, which included the brand names of Scotchman®, Young’s, Li’l Cricket, Quick & Easy Everyday Shop & Café®, BreadBox and Cigarette City®. Those stores are now a division of the company called GPM Southeast. They are located in North Carolina, South Carolina, Tennessee and Virginia. The Southeast division offers branded quick service restaurants, hot fresh deli offerings and fresh bakery offerings. In early 2015, GPM began operating eight One Stop Stores in North and South Carolina which have been rebranded as Scotchman and are also a part of GPM Southeast.
GPM expanded into the Midwest after taking ownership of 42 Road Ranger convenience stores with gasoline sales, now rebranded to Fas Mart®/Fas Fuel®, and one Subway location. These stores are located in Illinois, Iowa and Kentucky. Development into the Midwest continued when GPM took ownership of 161 convenience stores, of which 126 have gasoline sales in Illinois, Indiana, Ohio and Michigan. These stores operate under the Village Pantry® and Next Door Store brand names.
In February 2016, GPM began operating 15 convenience stores with gasoline sales in Southern Illinois, Iowa and Nebraska which it acquired from Gas-Mart USA, Inc. These stores are now rebranded to Fas Mart®. In March 2016, GPM began operating 42 Apple Market convenience stores with gasoline sales and supplying to 20 dealer-operated stores in Virginia and Kentucky which it acquired from Fuel USA. In October 2016, GPM began operating 17 Jiffi Stop® convenience stores with gasoline sales and one stand-alone car wash location in Illinois and Missouri. In November 2016, GPM acquired Admiral Petroleum Company which, as of the date of the acquisition, operated 137 convenience stores with fuel sales and 33 discount tobacco shops in Michigan and Indiana.
In 2017, GPM acquired Mountain Empire Oil Company which operates 92 convenience stores with gasoline sales in North Carolina, South Carolina, Tennessee and Virginia. These stores, known as Roadrunner Markets, offer thirst-quenching dispensed beverages, hot food programs and other great offerings for customers to enjoy. Most recently, GPM acquired Broyles Hospitality, LLC which is an independent operator of 7 Dunkin’ Donuts stores in Tennessee and Virginia under a franchise granted by Dunkin’ Donuts Franchising LLC. The Dunkin’ Donuts brand is a new addition to GPM’s portfolio of existing franchise locations.
Along with these acquired store brands, GPM continues to operate over 200 Fas Mart® and Shore Stop® locations in Connecticut, Delaware, Maryland, North Carolina, Pennsylvania, Tennessee and Virginia. Many stores have deli offerings, and a proprietary food service brand, RED’s, has taken hold in some of the Virginia and North Carolina locations offering fresh grilled sandwiches, salads, sandwiches, and more. In addition to our fresh deli and bakery offerings, many GPM stores also offer branded food programs, such as, Dairy Queen, Dunkin’ Donuts, Godfather’s Pizza, Noble Roman’s Pizza, Subway and Taco Bell. When visiting many of our stores, you can also find prepaid products, Western Union kiosks, RedBox movie rentals and many exclusive, private label products.