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7-Eleven to sell local Wilson Farm stores

August 15, 2012
The Associated Press

BUFFALO (AP) - Convenience store giant 7-Eleven plans to sell 30 of its former Wilson Farms stores in upstate New York, including the ones in Saranac Lake and Lake Placid.

The Buffalo News reports that the Dallas-based company has hired a Chicago-based realty firm to sell the stores through a sealed-bid process that starts today and ends Oct. 18.

7-Eleven announced the auction in a news release from NRC Realty and Capital Advisors LLC. Company officials didn't elaborate on the reasons for the sale.

7-Eleven bought Buffalo-based Wilson Farm's 188-store New York network last year from a private equity firm and the Nanula family.

The 30 stores to be sold are located from Fredonia south of Buffalo to Chazy, near the Canadian border in northern New York. Six of the locations are convenience stores only, while the other 24 also sell gasoline.

 
 

 

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