Sheetz NNN Properties for Sale
Are you looking to buy or sell a Sheetz Ground Lease Property, or NNN Lease Sheetz Property for passive investment? If you would like to buy or sell Net Lease Sheetz Properties, please feel free to send us an email to info@nnndeals.com and we will get back to you quickly.
 | |
| Type | Private |
|---|---|
| Industry | Convenience stores Fast food restaurant Gas stations |
| Founded | 1952 |
| Headquarters | , |
Number of locations | 659 (2022)[1] |
Areas served | Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia; planned: Michigan |
Key people | Travis R. Sheetz, President & CEO Stanton R. Sheetz, Chairman Joseph S. Sheetz, Vice Chairman Steve Sheetz, Family Council Chairman |
| Products | Made-to-order foods, prepared foods, coffee, motor vehicle fuel, beer and wine |
| Revenue |  US$7.2 billion (FY2021)[2] |
| Owner | Sheetz family |
Number of employees | 19,700 (FY 2020)[2] |
| Website | Sheetz.com |
Sheetz – A Renowned name in the Industry of Gas Stations and convenience Stores of America
Sheetz is a private concern founded in the year 1952 by Bob Sheetz and maintained till date by the same family. The genre it is shining on is the gas stations and convenience stores. Positioned at Altoona naming its headquarters, the company serves areas around the Mid-Atlantic, Ohio, Upper South, and the Appalachia on the primary basis. Besides, one can find the Sheetz stores located at Maryland, North Carolina, Ohio, Virginia, and Pennsylvania. The letter Z has stayed with the term for a while now the company has been producing M.T.O Sheet Bros, Gasoline, Diesel, Coffeez, Shweetz and Flex-Fuels.
Joseph S Sheetz is the current President and the CEO of the company while Stanton R Sheetz Mark and Steve Sheetz mark the positions of the Chairman and the Family Council Chairman respectively. As for the 2016 reports, the company has more than 17,000 employees working for it. Among the other achievements, Sheetz has been approved as one of America’s largest private companies and has also been included in the Forbe’s list of America’s Best Employers. The revenue report by Forbes as for 2016 says that Sheetz has a drift in the graph with $6.3 billion as the current number.
Its current market position
After 2010, Sheetz now holds more than 500 locations with its presence around six prominent states of the United States. The company has announced the upcoming openings of around three stores in and over central Pennsylvania. On the day of December 15, 2016, Sheetz has welcomed a brand new Sheetz Franchise near Hershey, as per the reports on December 05 of the same year.
Sheetz, Inc. reported the opening of a fresh out of the box new store in Bradford, PA. This store will be the second area in McKean County PA and the 256th in the condition of Pennsylvania. The store was launched to the general population on, November 3, 2016, at 2 Bolivar Drive, Bradford PA. The new store offers MTO® menu things from interesting touch point terminals, inside seating, and a drive-through for in a hurry comfort. This area gives more than thirty full and low maintenance openings for work.
Its origin History
Sheetz was originated in the 50s when Bob Sheetz, the founder, had purchased one of his father’s dairy stores. In the year 1963, he allegedly opened his second store followed by his third in the year 1969. Further, as a drastic change, the store number had expanded to 7 to 14 numbers by the year 1972. It is after a year later did Bob Sheetz add the gasoline pumps, introducing its first ever self-serve gasoline to the Central Pennsylvania.
At the end of 1983, 100 stores had been counted. Bob retired and handed the company over to Steve, who had been working with him. In the year 1995, Bob’s son Stan Sheetz became the President, and Steve remained the Chairman. Then eventually the Sheetz family started taking over major positions. In the year 2001, Sheetz opened a distribution center in Pennsylvania. Then, 2003 was the year of concept store for the Sheetz family.
It’s working process
The primary Pennsylvania-construct business in light of the rundown, Sheetz earned the pinned for a spot to a limited extent for its excellent working environment practices, strategies, and methodology.
The larger part of Sheetz’ aggregate score, notwithstanding, originates from worker criticism accumulated by Fortune through free reviews. They give data on organization culture and workplace. Keeping up and propelling work environment practices and the environment is particularly trying for an organization like Sheetz, which right now has a little more than 15,000 representatives working at 466 stores, corporate workplaces and bolster destinations. Around 83% of current store directors were advanced from inside. An incredible 68% of them began their Sheetz professions at a passage level, hourly position.
The company is consistently developing and has never had a cutback. With Sheetz, you have the professional stability and chance to construct a long, useful career. Employees who work low maintenance for Sheetz can be qualified for enormous advantages, including wellbeing, dental and vision protection, 401(k), Employee Stock Ownership and the quarterly reward. Cash isn’t all that matters, however, it is indeed essential with regards to paying the bills.
The wages are in the central 10% of all retailers, and the workers got more than $40 million in reward cash a year ago. One of the characterizing parts of the Sheetz culture is a drive to win. It’s what pushed us to think past the accommodation store class to challenge the snappy administration eatery industry, cutting out the company’s particular unique specialty as a comfort eatery. On an individual level, the workers at Sheetz are qualified to contend in the yearly MTO Olympics rivalry. Here, their quickest, most precise sub and sandwich creators and baristas, progress through the rounds to fight on a major stage for money prizes and yearlong boasting rights.