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Built with precision for the QSR industry

The Database/OTHER

Sheetz

EST. 1952 · Altoona, Pennsylvania

+ CompareFDD notes
US UNITS929+1.9% YOY
GLOBAL UNITS929
AUV (US)$819K
INVESTMENT RANGE$293K–$702K
FRANCHISED %90%

01The Read

Convenience stores with customizable made-to-order food and beverages

FIG 1 — US UNIT COUNT, 2019–2025
875
2019
899
2020
916
2021
918
2022
938
2023
912
2024
929
2025

SOURCE: QSR PRO ESTIMATES

02Our Coverage

6 STORIES
Fast Food Breakfast Is a $60 Billion BattlegroundMAR 20, 2026Dutch Bros' Drive-Thru-Only Model: Genius or Limitation?MAR 20, 2026Wawa vs Sheetz vs QuikTrip: The Convenience Store QSR WarMAR 20, 2026Buc-ee's: How a Gas Station Became America's Most Beloved QSR DestinationMAR 20, 2026How Wawa Is Quietly Becoming a QSR GiantMAR 20, 2026Subway's Turnaround Under Roark Capital: What's Actually Changed Since the AcquisitionMAR 19, 2026
FDD Fact Sheet · 2025
FRANCHISE FEE
—
ROYALTY
6%
AD FUND
—
TERM
10 YRS
LIQUIDITY
—
NET WORTH
—

Segment Peers

Dairy QueenBaskin-RobbinsTropical Smoothie CafeSmoothie KingJamba Juice
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Our advisory desk models unit economics, territory, and FDD terms before you sign anything.

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