Last updated on June 14th, 2024 at 09:48 am
7-Eleven Inc. and its wholly-owned subsidiary, SEI Fuel Services Inc., have added 101 gasoline locations in Florida from Biscayne Petroleum and Everglades Petroleum. The acquisition consists of 94 controlled real estate locations, seven fuel-supply-only contracts and some related assets.
These operations are primarily in the counties of Miami, Dade, Palm Beach and Broward with a few locations in the city of Naples. The gasoline stations will continue to sell Mobil-branded fuel, and a number of these outlets currently are being considered for rebranding as 7-Eleven convenience stores.
SEI Fuels entered the wholesale fuel business in the fourth quarter of 2012 when 7-Eleven and SEI Fuels acquired the assets of Tetco Inc. and its affiliates, which ran a Texas-based fuel distribution and convenience retailing business.
Based in Dallas, Texas, 7-Eleven operates, franchises or licenses some 10,700 7-Eleven stores in North America. Globally, there are nearly 57,400 7-Eleven stores in 17 countries.
