Acquisitions of Convenience Stores
We acquire stores and chains based on multiples of EBITDA just as any other purchaser in the marketplace, often times we’re paying more as we are assembling stores in a region and have synergies and buying power others can’t match.
We can pay the same multiples of EBITDA as any other purchaser in the marketplace, and often times we would welcome current operators staying as part of the future management team.