Love’s Travel Stops & Country Stores is an American family-owned and -operated chain of more than 630 truck stops in 42 states in the United States. The company is privately owned and headquartered in Oklahoma City. The company was founded in 1964 by Tom and Judy Love, who used a $5,000 loan to lease their first gas station in Watonga, Oklahoma. Today, the company is owned by Judy Love and her four children, who are also involved in the management of the company. Love’s is one of the largest private companies in the United States, with estimated revenues of $26.5 billion in 2023.
$26,500,000,000 divide 630 truck stops = $42,063,492 per truck stop.
235 Travel Stop has $11 million revenues, has room to grow and improve. Get that Loves started out with $5,000 loan in 1964 and became a multibillion dollar company.
We don’t want to wait 60 years for this to payoff but it shows it is a good business plan.
Another competition is: Buc-ee's
Buc-ee’s Corporation is the name of the company that owns and operates Buc-ee’s, a chain of travel centers that are known for their clean bathrooms, many fueling positions, and large convenience stores. Buc-ee’s Corporation was founded in 1982 by Arch “Beaver” Aplin III and Don Wasek, who wanted to create a friendly and fun place for travelers. Buc-ee’s Corporation is based in Lake Jackson, Texas, and has more than 60 locations in seven states in the southern United States, mostly in Texas. Buc-ee’s Corporation is a privately held company and does not trade on any stock exchange Buc-ee’s is a privately owned company that does not disclose its financial reports, so its exact revenues are not publicly available.
Seems like a real good business to be in. Get it a real company, not a fake!
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