Buc-ee is a Texas-based gas station chain in Alabama, Florida, and Georgia.
If you’re driving down I-45 in Texas, chances are you’ll see the Buc-ee’s sign and know they mean business. If you haven’t been there yet, it’s one of those places that just seems to be a must-stop on your journey through the Lone Star State.
This Texan icon is ranked as the best overall rest stop in the country by Travel Channel and is so popular that people travel from all over to experience what these great restrooms have to offer.
This theme park also has an awesome gift shop with great variety of souvenirs for anyone who wants to show their appreciation for their favorite place to gas up their hog, or just take a pit stop for a long time.
The brand has expanded eastwards, establishing stores in Alabama, Florida, and Georgia. It’s known for its immaculate bathrooms, lots of drinks, quirky knick-knacks, and a cute beaver mascot.
They have gas pumps that sell ethanol-free gas and diesel exhaust fluid and conventional offers for those who consume less fuel.
Buc-ee’s is a privately held company that has been in business since 1982 and is now one of the most successful convenience store chains in the United States. Buc-ee’s has earned a reputation for being “cleaner than clean” and “bigger than big.”
In addition, it is known for its uniquely designed stores and eager customer service. Buc-ee’s is a great place to visit when traveling south and currently operates 23 stores in four states.
Six Remarkable Facts Regarding Texas’ Most Famous Gas Station, Buc-ee’s
The name Buc-ee’s well-known across the state of Texas. Every tourist in Texas should make it a point to stop by the iconic Texan corporation known for its enormous stores, many gas stations, and delicious candies.
But what is your level of familiarity with Buc-ee’s? Let’s put that theory to the test using these seven exciting pieces of information.
1. The original Buc-ee’s established by a man named Beaver.
In July 1982, he opened the very first Buc-in-restaurant. Ee’s Alpin was given the nicknames “Beaver” and “Bucky Beaver” when he was a boy, and the name Buck was given to his labrador.
2. Almost immediately, Alpin found a business partner in Don Wasek. When the two entrepreneurs opened their second Buc-ee’s, they clearly understood what their customers required, and they centered their business efforts on providing low-cost ice and clean facilities.
3. They were successful in accomplishing their principal objective. It has been determined that the restrooms at Buc-ee’s are the cleanest in the United States.
A service company called Cintas deemed Buc-ees to have the nation’s cleanest public restrooms and awarded the distinction to Buc-ees.
4. Buc-ee’s filed a lawsuit against two businesses with the same name. The first time was in 2008, and the second was in 2017. In 2021, they filed a lawsuit against an operator who ran a company called Bukys.
5. Buc-ee’s credit ee’s cards are offered to serious enthusiasts. The Texas Dow Employees Credit Union (TDECU) is the organization that issues it, and cardholders receive a discount of ten cents per gallon.
6. North Carolina is the only state with no Buc-ee location, even though the famous Texas brand has expanded into several other states.
A Buc-ee will be built in the middle of the tiny town of Efland in North Carolina. However, a group of residents petitioned to object to the restaurant’s construction, claiming that it “would aggravate traffic congestion, contaminate a protected watershed, and violate aesthetic sensibilities.”
It was most likely a loss for them.
Buc-ees & the stock market in 2023
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.
Buc-ee’s has been a staple in Texas for decades; it’s an iconic Texas gas station chain that’s been expanding its brick-and-mortar stores. Buc-ee’s is a big company with a seemingly unlimited supply of funds and plenty of room to grow in Texas and elsewhere.
He could make an offer to companies like McDonald’s or Starbucks, but it would take more than just cash.
There are a few other companies that Buc-ee’s could acquire, such as Ross Stores or Tractor Supply Company. But, for now, we’ll have to wait and see what happens in 2023!
They’ve opened about 30 sites, and more are on the way, but do they have what it takes to be a successful business?
We’ve all seen industries tremble when it goes public. Some of these companies, like Netflix, are now worth billions of dollars. But not every company can make a successfully leap.
Buc-ees Earnings in 2022
Buc- ee forecasts $25.0 million in annual sales from prepared foods, grocery products, and other products. Prepared food sales account for approximately a +-$15.0million annually.
The annual merchandise sales amount to approximately a +-$8.0million, while grocery sales total around a +-$2.0million.
Buc- ee’s claims that the Efland Station retail location would operate similarly to existing stores and generate four key areas of revenue: a. prepared food, b. grocery products, c. merchandise, and d. fuel.
Along with Chapel Hill and Hillsborough cities, Orange County will collect the annual retail sales tax on the three non-gasoline-related selling activities.
Who are the founders of Buc-ees?
The company started as a small roadside jam stand, founded by Arch “Beaver” Aplin Jr. and Don Wasek on a stretch of highway between Houston and Beaumont, and has been run by the Aplin family ever since.
In 1988, the company built its first physical location in Giddings, Texas. The first Buc-ee’s store opened its doors at 620 East IH-35 on May 20, 1982.
Buc-ee’s is a chain of convenience stores with ten locations in Texas, Oklahoma, Arkansas, and Louisiana. The stores primarily sell outdoor gear, souvenirs, food, and drink.
Buc-ee’s is also known for its extensive inventory of gas stations, vacuum cleaners, and sundries.
Today, more than 35 years later, many still believe they offer the best customer service in the world.
Buc-ees sets new standards.
Buc-ee’s is a Texas chain of convenience stores. The stores are known for their wide variety of products and the distinctive smell of the store. They have nine locations in Texas and one in Oklahoma, and are expanding to other states.
Buc-ees won the world record for the largest facility with 68,000 square feet, corresponding to 120 stations with all types of gasoline available.
The majority of Buc-ee’s locations are still located in Texas, but they have expanded operations to six states since they started in 2006: Florida, New Mexico, Colorado, Oklahoma, Oregon, and Nevada.
Buc-ees has one of the largest convenience stores in the world installed in New Braunfels, Texas in 2012.
Buc-ee’s Financial Numbers
Buc-ee’s annual sales exceed $600 million, employing more than 3,000 people. It was published as a gas station operator.
Today, as much as 40% of Buc-ee’s business is food sales, including a whopping 5 million pounds of hot dogs sold yearly!
The company has grown exponentially since Buddy’s death in 1980 and now has over 30 locations throughout Louisiana and Texas.
That’s not all, though: Buc-ee’s also offers over 500 varieties of jerky, more than 100 ice cream flavors, 1 million pounds of peanuts each year, and even sells beer at.
The company has enough capital to expand its business. It also presents a healthy turnover which can be seen as an indicator of its financial situation.
Buc-ees success
We all know Buc-ee’s is a popular place, but what exactly makes this brand so successful? The answer is simple: customer service.
From building your own personal shelves to creating your own name tag, Buc-ee’s provides an experience that keeps customers returning for more.
Buc-ees is booming due to its excellent service, “super clean bathrooms,” and pleasant environment, and is focused on offering its customers a unique, friendly, and organized experience.
This is provided by a small army of Buc-ee team members who are well-paid and with benefits.
Introducing some of Buc-ee’s competitors
Buc-Ees is not on the stock exchange, but here are three competitors with the best stock to buy now:
Casey’s General Stores (NASDAQ: CASY)
Casey’s General Stores (NASDAQ: CASY) is a convenience store chain.
The United States Casey’s General Store is one of the largest convenience store chains in the United States, with 2,141 stores primarily located under the Casey’s General Store name.
These stores are mainly located in Iowa, Missouri, Kansas, Nebraska, and South Dakota.
Casey’s offers more than 20 varieties of fresh coffee daily, with free refills of regular coffee for shoppers who buy it at the store. They also provide baked items for breakfast and lunch, including donuts, muffins, cookies, and bagels.
Casey’s General Stores, Inc.(NASDAQ: CASY) offers hot food, fuel, beverages, and grocery items throughout the United States.
The Company’s main store formats are traditional c-stores and stores with a greater focus on providing customers with a wide range of products to meet their needs.
What differentiates Casey’s General Stores (NASDAQ: CASY) from other convenience store operators?
Casey’s offers products tailored to regional tastes, including their famous hot dogs.
It also has an extensive catering business serving more than 110 million hot dogs annually in public schools and universities across the country.
Its new “Fresh To Go” kiosks are changing the way people think about food options on the go.
And its innovative fuel center is making it the first choice for gas station customers across America.
A little history of Casey’s General Store (NASDAQ: CASY)
The company was founded in 1967 by William Casey, Jr., who started the company with a single store in Ottumwa, Iowa.
Casey’s General Stores (NASDAQ: CASY) is a convenience store operator in Ankeny, Iowa.
Casey’s operates more than 570 stores in 13 Midwest and Upper Plains of America states.
Stock Casey’s General Stores (NASDAQ: CASY)
Casey’s General Stores(NASDAQ: CASY) has a P/E ratio of 19.8 and pays a monthly dividend of $0.43 per share, which yields 2.64%.
The company has a market capitalization of around $2 billion. In the last year, it generated an EPS growth of 117%.
The Company obtains 85% of its revenue from traditional c-stores and 15% from other formats, such as gas stations and convenience stores with gas stations.
Casey’s General Stores (NASDAQ: CASY) has the best stocks to buy now.
TravelCenters of America Inc. (TA)
TravelCenters of America, Inc.(TA) is dedicated to providing convenience stores and travel hub operations.
TA is America’s largest independent travel hub retailer. It offers a variety of products and services, including compressed natural gas (CNG) fuel.
“What does TravelCenters of America offer?”
TravelCenters of America (TA) operates in two segments: C-Store Operations and Travel Plaza.
The C-Store Operations segment operates convenience stores under TA, Petro Stopping Centers, Gee Fresh, Chilis Convenience Stores, Tiger Mart Stores, GetGo Markets, Kwik Shop Markets, Ollie’s Bargain Outlet Stores, Speedy Stop Markets, and Captain D’s Seafood & Chicken brands of restaurants.
The Travel Plaza Operations segment operates convenience stores under the TA brand located in service areas for travelers on interstate highways that it or an affiliate manages.
TravelCenters of America (TA) has always been committed to providing a safe place for people to gather and enjoy what we do best: serving travelers with food and fuel, ensuring they don’t get stuck on the road.
A bit of the history of TravelCenters of America (TA)
TravelCenters of America (TA) was founded in 1978, is headquartered in Dallas, TX, and has been expanding since.
TA is headquartered in West Memphis, Arkansas, and was founded by Patrick J. Griswold.
Now they offer convenience stores, gas stations, food courts, showers, and other amenities to make your trip more accessible and more enjoyable!
Expansion of TravelCenters of America, Inc. (TA)
On April 29, TA announced that it had entered into a new partnership agreement with Costco Wholesale Corporation to sell its branded products at Costco’s 700+ warehouses in the United States, Canada, and Puerto Rico.
Costco is America’s third-largest retailer, with more than $192 billion in annual sales as of November 11 of this year.
To continue its success, TA plans to open more corporate-operated travel centers across the country – especially in major metropolitan markets – to provide greater convenience and flexibility for customers who need fuel in transit or who want it.
Stock TravelCenters of America, Inc. (TA)
According to the latest financial reports of 2022, TA had total revenue of $10.22 billion.
The company’s consolidated net income for the period was $22.2 million.
The stock is trading at $45.53 (-10.00%) with a 52-week range between 22.00-64.58 (43.20%) with a market capitalization of $722.565 billion.
TravelCenters of America, Inc. (TA) has the best stocks to buy now.
Marathon Petroleum Corporation (MPC)
Marathon Petroleum Corporation is involved in refining, marketing, and transporting petroleum products.
The company operates in two segments, refining and marketing, and transport. It refines crude oil into fuels, including gasoline, diesel oil, jet fuel, petrochemical raw materials, liquefied petroleum gas (LPG), heavy fuel oils, and asphalt; sells refined products through terminals; transports crude oil by pipeline; manufactures petrochemical inputs, and owns or leases approximately 8 million barrels per day (MMBPD) of refining in the United States.
Target Audience
The company is dedicated to serving truck stops, offering food and supplies, and complete service with public use facilities.
This makes TravelCenters similar to the Buc-ee, but the focus is on serving the trucking industry, not just the people who travel.
This puts it ahead of competitors as an oil refinery, strengthening its brand.
How Marathon Petroleum Corporation (MPC) Started
Marathon Petroleum Corporation (MPC) started in 1975. Marathon Petroleum Corporation is headquartered in Findlay, Ohio.
The company operates three divisions: refining and marketing, distribution, and chemicals. The company has approximately 5,700 retail stations located primarily in the eastern United States.
MPC’s distribution division operates 805 convenience stores across the United States.
Today, more than 40 independent distributors are in the United States alone. In addition, MPC was named one of the most admired companies globally by Fortune magazine for eight consecutive years – from 2009 to 2016!
Marathon Petroleum Corporation has been one of the most successful companies in the United States in recent years. In 2010, they were ranked 179th on its largest corporations’ Fortune Global 500 list by gross revenue.
They rose to number 159 in 2011 and then to 118 in 2012. The company has a P/E ratio of 9.1 and an F-Score of 10 in shareholder income.
Stock Marathon Petroleum Corporation (TA)
The company has a market capitalization of $51.96 billion and employs over 10,000 people worldwide.
The shares are trading at $108 with a 52-week range of 38.30 – 68.78 (46.30%) with a market value of $38.597 billion.
Marathon Petroleum Corporation (TA) has the best stocks to buy now.
Conclusion
Buc-ees has a significant amount of appeal among travelers, which keeps them returning, earning their loyalty with great service, but for many, that’s no surprise.
With new stores opening across the country, you can be assured that Buc-ee’s expansion will continue steadily.
Buc-ees can be a smart investment if the company decides to go public and put its stock up for purchase and sale, given its excellent profitability, capacity for development, and customer loyalty.
The company has no plans to go public anytime soon and has been expanding continuously for several years, and the market trend is to grow more and more.