Frequently Asked Questions

At RaceWay, you truly are your own boss. Our business model gives you more flexibility to make decisions regarding day-to-day operations than a typical franchise opportunity. RaceWay offers high traffic locations and competitive fuel prices, and gives you the freedom to tailor your store’s offerings to the community you serve.

To qualify, you must have at least $350,000 in cash or liquid funds for existing RaceWay locations. For brand new RaceWay locations, you must have at least $425,000 in cash or liquid funds.

The Capital investment required for a RaceWay store ranges from $197,500 on the low end to $585,000 on the high end. The figure varies depending on the size of the store, store location and equipment costs. 

It depends on the store location and store traffic. If you are looking to purchase an existing RaceWay location, RaceWay provides you with historical information about the fuel volume at the store; however, this historical information is not a guarantee that the store will continue to sell that volume of fuel. Fuel sales will fluctuate based on a variety of factors such as store location, economic climate, fuel prices, and local market competition. RaceWay encourages potential Franchisees to make their own assessment of a store’s potential to produce fuel sales.

It depends on the store location and store traffic. This inside sales number does not include lotto / lottery, money orders, money services, check cashing, etc.  If you are looking to purchase an existing RaceWay location, RaceWay provides you with historical information about the inside sales at the store; however, this historical information is not a guarantee that the store will continue to have those inside sales.  Inside sales will fluctuate based on a variety of factors such as store location, economic climate, fuel prices, inside store offers and local market competition. RaceWay encourages potential Franchisees to make their own assessment of a store’s potential to produce inside sales.

RaceWay recommends our Franchisees consider adding or enhancing a food program to drive additional inside sales. There is a growing trend for convenience stores to offer more than fuel at their locations, and it is now common to find freshly prepared foods at many store locations. Many RaceWay Franchisees increase their sales and customer loyalty by offering a variety of food such as roller grill items, deli sandwiches, fresh fried chicken, pizza, and even frozen yogurt.

RaceWay Franchisees may purchase equipment and inventory from approved suppliers, or may obtain equipment and inventory from the outgoing Franchisee—or a combination of both. In each of these cases, you are required to abide by the restrictions contained in your Franchise Agreement, Lease and Gasoline Services Agreement.

RaceWay wants to continue to grow with great franchisees! Current RaceWay franchisees are welcome to apply for additional franchise locations. Selection is not guaranteed and will be based on financial capacity, existing store performance and dedication to the RaceWay brand and programs.

The RaceWay Operations team will provide assistance to new Franchisees with vendor options and layout designs, if so desired. In order to learn store procedures, new Franchisees are encouraged to train for a week at an existing RaceWay store prior to opening their new location. 

A RaceWay District Manager will work side-by-side with you during the first week of your store’s operations, training you on the use of all on-site equipment, daily reporting, and RaceWay’s policies and procedures. We’ll provide all the support and partnership you need to put your RaceWay store on the road to success.

RaceWay Franchisees are required to operate their stores during the hours provided in the lease agreement—usually 24 hours / 7 days a week. 

The RaceWay Franchisee selection process takes about 6-8 weeks from date of application. During this time you will create a business plan and interview with our RaceWay Franchising and Leadership teams.

RaceWay Franchisees will receive a commission of 1 cent on every gallon of fuel sold. This is truly a profit center, as RaceWay covers all repairs and maintenance for the fuel dispensers and all credit and debit card fees for the fuel transitions.

RaceWay is looking for ambitious franchisees with an entrepreneurial spirit, a strong sense of community, commitment to excellence, and the ability to deliver superior guest service.