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  September 5, 2001
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Home > Company Index > Retail > Convenience Stores & Gas Stations > Gate Petroleum Company

Gate Petroleum Company
 PROFILE
Gate Petroleum swings three ways. The company runs a chain of about 150 gas stations in seven southeastern states, selling gas and groceries and offering fleet management services. The company is also in the real estate and construction materials businesses. In Florida, the company owns three private clubs (the Epping Forest Yacht Club, the Ponte Vedra Inn & Club, and The Lodge & Club), office buildings and business parks, and other land, and it is developing a huge residential and commercial complex in Jacksonville. Subsidiary Gate Concrete operates plants in six states, making and selling concrete and building materials. CEO Herbert Peyton, who founded the company in 1960, owns the majority of Gate Petroleum.

 COMPETITION
7-Eleven, Inc. (SE)
The Pantry, Inc. (PTRY)
Tosco Corporation (TOS)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
1999 Sales (mil.): 515.00
1-Yr. Sales Growth: 3.0%
Employees: 3,500
Revenue per employee: $147,142.86

 KEY PEOPLE
• Herbert H. Peyton
    CEO
• P. Jeremy Smith
    CFO

 CONTACT INFO
9540 San Jose Blvd.
Jacksonville, FL 32257
US
Phone: 904-737-7220
Fax: 904-732-7660
Online: Web Site

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