Consumable goods in convenience stores

These affiliated Companies are engaged in the sale, distribution and manufacturing of consumable goods found in convenience stores and other retail formats nationwide. The first Company owns and operates nearly 90 retail locations selling a wide variety of consumer products that would typically be found in conventional convenience and tobacco stores. These products include general and specialty merchandise with an emphasis on an extensive line of tobacco products, accessories and gasoline, including, soft beverages, beer, wine, liquor and packaged food snacks. These retail store locations, design and merchandising of products are quite similar in format to typical competitor c-store operations offering a clean, well-organized, well-stocked, warm and welcoming environment. The stores offer a full-line of products and accessories featuring 134 Company-branded SKU’s marketed at value price points across a dozen categories. These retail locations attract a diverse demographic of consumers with strong repeat loyalty. The second Company is engaged in the distribution and sale of a variety of tobacco products sold in over 850 retail locations nationwide. Both companies’ core business has seen consistent and attractive revenue and EBITDA growth over several years, and the expected outlook for continued growth remains positive for the foreseeable future. The two entities operate under the same trade name and registered trademark and share an organizational structure, strategy and resources enabling significant cost/price advantages.