Franchise FAQ

is buc ee's a franchise

by Rico Littel Published 1 year ago Updated 1 year ago
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Full Answer

Who owns Buc EE's?

Buc-ee's. Buc-ee's is a chain of convenience stores located in the Central, North, South, and Southeast regions of Texas The company is owned by Arch "Beaver" Aplin III and Don Wasek and has its headquarters in Lake Jackson, Texas.

Is there a Buc EE's in North Carolina?

(Redirected from Buc-Ee's) Buc-ee's is a chain of convenience stores and gas stations with locations in Texas, Alabama, Georgia, and Florida. Additional locations are currently under development in Kentucky, Mississippi, Tennessee and South Carolina. Plans for an additional location in North Carolina were shelved in early 2021.

Is Buc-ee’s a new restaurant in 2022?

Although Buc-ee’s is getting a lot of hype and recognition in many cities in 2022, it isn’t a new establishment. Buc-ee’s was founded in 1982 by Arch “Beaver” Aplin III and his business partner Don Wasek. The two Texans opened their first location in Lake Jackson, Tex., and focused on selling “cheap ice” and offering “clean bathrooms.”

Where is Buc-ee’s located?

The company’s headquarters are located in Lake Jackson, Texas, near the original site in Clute. Unsurprisingly, the first location is still open, and it’s considered somewhat of a landmark by Buc-ee’s fans. Buc-ee’s is more than just your typical gas station or convenience store.

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Who's the owner of Buc EE's?

Arch “Beaver” Aplin IIICOLLEGE STATION, Texas — Buc-ee's founder, Arch “Beaver” Aplin III, has decided to give back to his alma mater in a major way. The gas station extraordinaire has gifted Texas A&M University with $50 million to build a hospitality entrepreneurship program that will serve as an immersive learning laboratory for students.

How much does a Buc ee's location make a year?

The average salary of Buc-Ee's, Ltd. is $229,302 in the United States. Based on the company location, we can see that the HQ office of Buc-Ee's, Ltd. is in LAKE JACKSON, TX.

How do I get a Buc EE's franchise?

Buc-ee's does not offer franchises at this time.As you may know, we don't take shortcuts with regard to the quality of our facilities, products, or staff. Franchises and publicly traded companies must constantly focus on the money, and the side effect can be reduced standards in exchange for increased profits.

Who is Buc EE's biggest competitor?

Top Competitors of Buc-ee'sThorntons LLC. 4,387. $2 Billion.OnCue. 1,080. $193 Million.Stewarts Shops Corp. 5,000. $1 Billion.Rutter's Corp. 2,207. $172 Million.Yesway. 4,090. $1 Billion.RaceTrac Petroleum Inc. 9,000. $9 Billion.

Is Bucees profitable?

Forbes estimates that Buc-ee's profit margin on major-label items is 32%, while its margins on Buc-ee's-branded stuff is 40%. Overall, Forbes estimates, the company managed to take a 35% gross profit margin on in-store sales (everything but gas).

How much money does Buc EE's bring in a day?

That's half a million dollars per day for Buc-ee's.” After adding the stop to their trip, Warner says they like the convenience Buc-ee's provides. “It's been positive every time we stop,” he said.

How do I invest in Buc EES?

Buc-ee's has not made any announcements about going public. However, if they sell shares on the stock exchange, you will likely want to buy them. If they decide to go public, you can purchase shares on a best stock exchange like the NASDAQ or NYSE. If they remain private, you can invest in one of their franchises.

How much does a gas station owner make?

In general, though, you can expect your earnings to be anywhere from $35,000 to $150,000 per Million Litre Fuel Sales and convenience store sale from 18% to 25% for overall sales including cigarette and Lottery sales. Overall gas station may be 8 to 15% Cap rate, depending on location and condition of the business.

How much does a gas station cost?

The total initial cost typically runs between $250,000 to $2 million for a small gas station, although there are some less costly local chain options.

How many locations does Buc EE's have?

Buc-ee'sTypePrivateFounded1982FoundersDon Wasek Arch "Beaver" Aplin IIIHeadquartersLake Jackson, Texas , U.S.Number of locations434 more rows

How many Bucees are in Texas?

Founded in 1982, Buc-ee's operates 35 stores in Texas and eight stores in other states.

Is Bucees better than Wawa?

Overall, Buc-ee's reigns supreme — unless you're looking for a deli sandwich. Both convenience stores were clean and had a nice variety of stuff, but Wawa's custom sandwiches far outdid Buc-ee's cold lunch options.

How much does Buc ee's pay per hour?

Average Buc-ee's hourly pay ranges from approximately $12.92 per hour for Sales Associate to $30.15 per hour for Car Wash Attendant.

How much does Bucees pay in Florida?

How much does Buc-ee's in Florida pay? Average Buc-ee's hourly pay ranges from approximately $15.00 per hour for Retail Sales Associate to $31.32 per hour for Deli Manager.

How much does Buc ee's pay in Texas?

How much does Buc-ee's in Texas pay? Average Buc-ee's hourly pay ranges from approximately $12.00 per hour for Retail Sales Associate to $30.00 per hour for Food Manager. The average Buc-ee's salary ranges from approximately $20,000 per year for Barista to $75,000 per year for Operations Manager.

How many Buc ee's locations are there?

Buc-ee'sTypePrivateHeadquartersLake Jackson, Texas , U.S.Number of locations43ProductsFuel, convenience food, etc.Websitewww.buc-ees.com4 more rows

When did Buc Ee's open?

The first Buc-ee's opened in 1982. Aplin, 58, known universally as Beaver--a nickname bestowed by his mother--was fresh out of Texas A&M and working at his father's construction company. When Beaver opened a standard-issue, 3,000-square-foot convenience store in his hometown of Lake Jackson, he says, "I didn't have anything particular in mind." Three years later, he teamed up with Wasek, who had his own convenience store in nearby Brazoria. Today they each own 50% of Buc-ee's Ltd., and they have clearly defined roles.

How much profit margin does Buc Ee have?

Forbes estimates that Buc-ee's profit margin on major-label items is 32%, while its margins on Buc-ee's-branded stuff is 40%. Overall, Forbes estimates, the company managed to take a 35% gross profit margin on in-store sales (everything but gas). According to the National Association of Convenience Stores, the average convenience store made 33.5% ...

How many square feet are there in Buc Ee's?

While most Buc-ee's locations are the size of a typical convenience store (about 3,000 square feet), its 12 "travel centers" are enormous. The latest is now under construction off a new highway interchange in Katy, half an hour west of Houston. It will have more than 100 gas pumps and 52,000 square feet of retail space.

What insight runs beneath the rise of Buc-Ee's convenience stores?

The insight that runs beneath the rise of Buc-ee's convenience stores is this: You can get a lot of people to pull off the highway and spend money if you guarantee them an immaculate place in which to heed the call of nature. As one Buc-ee's billboard proclaims, "Your Throne Awaits. Fabulous Restrooms--32 miles."

Who designed the billboards for Buc Ee's?

"Don gets to work at 6 a.m., while Beaver is a little more laid-back," says Lou Congelio, the Houston adman who designed the billboards that helped put Buc-ee's on the map. Neither is much for the spotlight.

Is Buc Ee's e-commerce?

It helps that Buc-ee's is in a retail sector that, so far anyway, has remained e-commerce-proof. As long as people drive, Aplin says, they will have to stop to fill up, use the toilet and eat. And keeping traffic flowing in and out of the stores will remain a constant concern.

Is Buc Ee's a convenience store?

From the bathrooms to the branded caps and T-shirts to the brass beaver near the entrance, a big Buc-ee's feels less like a convenience store than a Texas- themed amusement park. "They are becoming a destination," says Greg Lindenberg, the editor of CSP magazine, which covers the $550 billion convenience- store industry.

How many locations does Buc Ee have?

Buc-ee's currently has 40 locations open in Alabama, Florida, Georgia and its home state of Texas. Locations are currently in development for Kentucky and South Carolina on top of Mississippi and Tennessee. But King Buc-ee's expansion hasn't always come easy; the company was forced to scrap plans for a North Carolina location after protests ...

Where is Buc Ee's expanding?

Buc-ee's is expanding to Mississippi. If he gets his way, the sun never will never set on King Buc-ee's empire. Buc-ee's is continuing its expansion outside of Texas, investing a whopping $50 million into its first Mississippi location.

Where is the Mississippi Buc Ee's?

The new Mississippi Buc-ee's will be off I-10 in Harrison County, which borders the Gulf of Mexico.

When was Buc Ee's opened?

The first Buc-ee's was opened in Lake Jackson in 1982 , and the corporate headquarters are located there. That first store is still open and operating to this day. Arch "Beaver" Aplin was working at a Lake Jackson bank after college, where he befriended the bank president, who then loaned him $250,000 to get his dream off the ground. It was a wise investment, and Texans have been eternally grateful since.

What happened to Buc Ee's?

The Houston Chronicle reported that a group of identity thieves targeted Buc-ee's in 2015. The Buc-ee's bandits would use stolen credit card information to create new physical cards, and then use the fraudulent cards to purchase cartons of cigarettes, mostly from Buc-ee's locations. The victims had their money returned, but unfortunately, Buc-ee's ended up footing the bill for the thefts.

Why did Buc Ee sue?

They had beef with their brisket supplier. In 2016, Buc-ee's sued their brisket supplier for an alleged violation of contract that cost the chain over half a million dollars. Buc-ee's claims the supplier hiked the cost of the meat without notifying them.

Who is the Beaver at Buc Ee's?

Buc-ee's was originally opened by Arch "Beaver" Aplin and Don Wasek. Aplin was nicknamed "Beaver" by his mom as a baby and has always been known by the moniker. He also had an affinity for the old Ipana toothpaste mascot, Bucky the Beaver. To create the perfect trifecta of naming, Aplin's labrador retriever at the time was named Buck, and so was born Buc-ee's the convenience store chain.

Where did Buc Ee win the first prize?

To win the first prize they beat out a restaurant in Arizona and a hotel in Chicago, (number 2 and number 3, respectively). Clean bathrooms are one of the precepts Buc-ee's owners founded their store on, so it's no surprise they've won this award.

Is Buc Ee's a truck stop?

Regardless of their enormous size and plethora of amenities, Buc-ee's is not and never has been a "truck stop". It's for average motorists and does not have gas pumps for big rigs.

How much does it cost to build a bucee?

Probably costs $30 million to build a bucee's depending on how good the location is.

Is Bucee's cool?

Bucee's are cool and all, but spending a few days at one? That's crazy

What is a Buc Ee's?

Buc-ee’s is a southern chain of convenience stores that has been making waves.

When was Buc Ee's founded?

Buc-ee’s started in Texas in 1982 and was founded by Don Wasek and Arch “Beaver” Aplin III.

Should You Buy Bucees Stock if It Goes Public?

Buc-ee’s has reached a notable level of popularity among travelers that keeps them coming back.

How many locations does Buc Ee have?

In fact, Buc-ee’s only has 40 locations at the time of writing this article.

Is Buc Ee stock available?

Buc-ee’s stock is not currently available for purchase, as it’s a privately owned company.

Is Buc Ee a good investment?

Given its solid earnings, room for growth, and dedicated customer base, Buc-ee’s stock could be a worthwhile investment — if the company ever goes public.

Is Buc Ee a private company?

With Buc-ee’s choosing to remain a private company, you may be looking for some of its competitors to invest in.

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