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Home > Company Index > Retail > Convenience Stores & Gas Stations > Uni-Marts, Inc.

Uni-Marts, Inc.
AMEX: UNI
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 PROFILE
Uni-Marts is one with the universe of gasoline, cigarettes, and sundries. The company runs about 260 convenience stores and 40 Choice Cigarette Discount Outlets located mainly in small towns in Delaware, Maryland, New York, Pennsylvania, and Virginia. About 240 of the company's locations sell gasoline. In an effort to stem losses, Uni-Marts ended a gasoline supply agreement with Getty Petroleum Marketing (as well as leases on 105 stores) to pursue more competitive gasoline prices. The company also introduced its own brand of gasoline and has been closing stores and converting poorly performing outlets to tobacco shops. Founder, chairman, and CEO Henry Sahakian and his family own over 25% of Uni-Marts.

 COMPETITION
7-Eleven, Inc. (SE)
Cumberland Farms, Inc. (dossier)
Wawa Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 346.80
1-Yr. Sales Growth: 38.7%
Employees: 2,750
Revenue per employee: $126,109.09

 KEY PEOPLE
• Henry D. Sahakian
    CEO
• N. Gregory Petrick
    CFO

 CONTACT INFO
477 E. Beaver Ave.
State College, PA 16801
US
Phone: 814-234-6000
Fax: 814-234-3277
Online: Web Site

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