More than 150 gas station and convenience store sites are on sale in Canada

  • 📰 blogTO
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Canada Headlines News

Canada Latest News,Canada Headlines

An Alberta-based company has started the process of selling 157 convenience store and gas station assets across Canada. According to Parkland Corp....

, it retained a pair of real estate firms to begin the marketing process to sell the sites, which include brands like Chevron, Ultramar, Pioneer and FasGas across six provinces. In some scenarios, Parkland said that buyers could have the opportunity to operate under the popular convenience store banner, On the Run.

Parkland said a bulk of the stations are in Quebec and Ontario. There are also stores for sale in Alberta, B.C., Manitoba and Saskatchewan. "The decision to divest these locations is part of our ongoing network planning and optimization process. As we continue to grow, we have identified sites that no longer fit our long-term strategic objectives in their current format," Parkland said.

"While high quality, these locations would be better suited under someone else's ownership, however, we will include long-term fuel supply agreements with each of them along with the opportunity to have an on-site ON the RUN convenience store.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 44. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Western Canada: Elections Alberta turns its eyes to Take Back Alberta and its leaderThe Globe and Mail offers the most authoritative news in Canada, featuring national and international news
Source: globebusiness - 🏆 31. / 66 Read more »

Elections Alberta investigating finances of conservative group Take Back AlbertaThe organization’s leader is refusing to provide the group’s donor list, calls the investigation a ‘fishing expedition’
Source: globeandmail - 🏆 5. / 92 Read more »

Teacher and Volleyball Coach Facing Over 150 Sexual Offences Appears in CourtRosie MullaleyHicks, a teacher and volleyball coach, facing more than 150 sexual offences against dozens of teenaged boys and young men, appeared in court. His lawyer stated that they are still waiting for disclosure on the latest charges and are seeking electronic evidence that the police are withholding.
Source: NTVNewsNL - 🏆 54. / 59 Read more »

After a 150% pump in 6 hours, will BOME rally yet again?BOME saw large amounts of volatility in the past few days, being a $1 billion market cap meme coin. Prices began to recover recent losses.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Lakers score season-best 150 points in win over PacersExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Alberta cabin, cottage prices spike in 2023 as Canada's recreational property market coolsMountains loom over condos being constructed in Canmore, Alta. on Monday, April 24, 2023.
Source: CBCCalgary - 🏆 78. / 51 Read more »