Keene, NH C-Store Investments, LLC (CSI) has provided advisory and transactional services to Toby Tousley of Dinkbee’s Convenience Store on the successful sale to Racing Mart Fuels (RMF).
Specifically, CSI handled the sale process of the convenience store and laundromat. Thanks to CSI’s extensive experience in the industry and comprehensive list of contacts CSI was able to bring this transaction to a smooth close. CSI confidentially coordinated the marketing, worked with several interested buyers, managed the due diligence process with a complete data room, and assisted with the closing. It was principal lead consultant at CSI, Ken Currier who coordinated the deal to a desirable conclusion.
For over a decade Toby Tousley and his wife owned and operated Dinkbee’s Convenience Store and Keene Klean Laundromat. Originally, the property was a laundromat and Tousley added the store. Branded gasoline and diesel fuel were added in 2015. This store has an exclusive setting with no nearby competition along with proximity to downtown. It is a rare opportunity that a store like this comes on the market.
“I chose Ken Currier from C-Store Investments to market the property because of his expertise in the industry and his many contacts. He was able to bring several offers in a short time period,” said Toby Tousley. “Ken’s consulting on the negotiation, due diligence and sale were also extremely helpful in getting the deal done right.”
“We are excited to take over from Toby and plug this profitable site into our growing chain,” said Johnny Kayrouz, president of Racing Mart Fuels. “We are always looking to grow by acquiring manageable, profitable businesses and this one suited us very well.”
We look forward to working with Ken and CSI to continue to expand our reach.” Based in Westborough, Massachusetts, Racing Mart Fuels (RMF) was founded in 2006 by Johnny Kayrouz.
Currier, principal consultant, C-Store Investments has accumulated 27 years of experience in the C-Store Industry. Since 1994 he has advised clients on valuations, investment opportunities, divestiture, mergers & acquisitions, purchase & sales, market research, site identification & development, succession planning. He brings valuable in-depth industry knowledge and expertise that allows him to help clients maximize their investment value, exploit growth opportunities, and help buyers and sellers navigate the purchase and sale of c-stores and gas stations.