Is Wawa a franchise? How much does a Wawa franchise cost? Do you need info on Wawa franchise price and fee to open one?
Are you keenly interested in starting up a Wawa franchise store, and have been diligently searching for any available information regarding the Wawa franchise? Well, in this article, I will keep you updated on the latest development regarding the Wawa franchise.
Wawa Inc. is a very reputable privately owned business in the United States, which is highly reputed for its quality products and customer services. It is not surprising that a lot of entrepreneurs are seeking to open a Wawa store.
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Well, you must be informed that Wawa Inc. does not currently offer franchise opportunities to franchisees. All Wawa stores are opened and managed by the company. One can only influence the opening of a Wawa store if he holds a key position in the company. Keep reading, to learn how you could become one of their employees and influence the opening of a Wawa store.
About Wawa Franchise
Wawa Inc. is not a franchise. It is a privately-owned business that has several of its chain of convenience retail stores located in various states and cities in the United States such as Florida, Virginia, Delaware, New Jersey, Maryland, and Pennsylvania.
Wawa Inc. is a business in the convenience stores & gas stations industry. The company’s corporate head office is located at Red roof, 260 West Baltimore Pike Media, Wawa, PA 19063-5620, United States. The head office is open from 8:00am – 5:00pm, each day, Monday – Friday; but most Wawa stores open every single day 24/7, all year round.
Wawa Inc. had its first ‘Super Wawa’ store opened in 1994. The Super Wawa stores are actually larger; they have public lavatories, and extra parking space. Today, the company has more than an estimated total number of 720 stores all over the United States.
The company has been ranked #34 on the Largest Private Companies by Forbes Magazine in 2015. As at 2014, the company’s revenue was estimated to be more than $9 billion. In 2011, the company recorded more than US$118 million as annual Net Income; and the company’s total asset was estimated to be at US1.57 billion. As at 2015, the company’s number of employees had reached 22,500.
In 1985, the company started a partnership with the PNC bank, which resulted in the surcharge-free ATM services that the company now provides to its customers. As a result, the company eclipsed more than 1 billion transactions in 2010.
At the Wawa ATMs, customers can perform any financial transaction without being charged any fee. They may only be charged some fee by their banks.
The name ‘Wawa’ was gotten from the name of the area where the company has its first milk plant located. It is also the place where the company has its head office. Founded by Grahame Wood, Wawa Inc. has its deep origin traced to New Jersey in the year 1803, more than two (2) centuries ago; but its first store was opened more than a century later in 1964.
Some of the key people in the company include: Christoipher Gheysens as the Chairman Executive Officer (CEO) who took over from Howard Stoeckel; Jeff DePonte as the General Manager of Middletown Operations; John Poplawski as the Director of Store Operations; Adam Schall as the Planning & Analysis Director; and Lisa Wollan as the Director of Consumer Insight and Brand Strategy.
Their major competitors include the following companies: The Kroger Co, Hess Corporation, Chevron Corporation, 7-Eleven, Inc., Sheetz, Inc., Wegmans Food Markets, Inc., Exxon Mobil Corporation; and The Great Atlantic & Pacific Tea Company.
Most products that are offered by Wawa are products that could be found in almost any convenience chain mart. Most of these products range from soda, drinks, chips, etc. Wawa Inc. stores particularly focus on groceries.
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Their products include snacks, wraps and salads, sandwiches and hoagies, soups; dairy products such as milk and ice cream; bottled and frozen blended beverages; as well as gasoline products such as gas and diesels.
One of the most popular products that the stores offer is the ‘Sizzli’. Every now and then, the company tweaks the menu by introducing some new items into it. Wawa Inc. also produces and supplies beverages, which carry the brand name, to more than a thousand institutions such as colleges and schools, restaurants and eateries, hospitals, etc. They even offer products such as novelties and gift cards online.
Wawa Inc. is one company that takes special care of its employees. The company has several programmes that are aimed at developing their employees and associates. There are several benefits to becoming one of Wawa’s employees; one of such benefits is the Wawa’s Employee Stock Option Programme.
This Employee Stock Option Programme had made it possible for more than 40% of the company to be owned by the employees despite the fact that the company is a family-owned business.
Wawa employees are renowned for upholding the company’s values, and their passion to serve customers. For you to become one of their employees; you must be a person who is capable of succeeding in an environment that is very fast-paced; and you must also be a person who puts customers’ satisfaction above everything else.
You can contact Wawa Inc. on telephone at 1 (610)-358-8000, fax at 1 (610)-358-8808, 1 (610)-358-1046; or visit their website at www.wawa.com.