ExtraMile

ExtraMile

Information based on 2021 FDD

Retail · Grocery & Convenience Stores

Investment min
$215K
Total: $215K–$440K
Avg gross revenue
$80K
Unit-level, 2021
Franchise fee
$15K
Per current disclosure
Royalty
4.5%
of gross revenue
Locations
656
Franchising since 2018

Description

What is ExtraMile?

ExtraMile is a well-established convenience store franchise that has been serving communities across the United States since 1984. Known for their exceptional customer service and clean, welcoming environments, ExtraMile stores have become trusted neighborhood destinations for both daily essentials and quick refreshments.

What sets ExtraMile apart is their commitment to going above and beyond the traditional convenience store experience. Their locations feature modern facilities, spotless restrooms, and a carefully curated selection of products that cater to both everyday needs and specialty items. A standout offering is their fresh food program, including their popular Godfather's Pizza, which has garnered a loyal following among customers.

The franchise has built its reputation on three core pillars: convenience, quality, and customer care. Each location is designed to provide a superior shopping experience with efficient service, well-maintained facilities, and friendly staff who are trained to deliver professional assistance. The stores typically feature premium fuel services, modern coffee bars, and an extensive selection of snacks and beverages.

For entrepreneurs, ExtraMile offers a proven business model backed by decades of industry experience and a strong brand presence. The franchise provides comprehensive training, operational support, and access to established supplier networks. With their commitment to innovation and customer satisfaction, ExtraMile continues to adapt to changing consumer needs while maintaining their position as a leader in the convenience store sector.
  • Chevron's proprietary convenience store concept
  • Over 1,000 franchised locations nationwide
  • 40+ years operational experience since 1984
  • Nine-state market presence and growing
  • Integrated fuel and convenience retail model
  • Comprehensive merchandising and inventory support

Location Analysis

Where ExtraMile wins

ExtraMile, established in 1984 in the retail convenience store sector, operates with numerous locations across multiple states, demonstrating a significant presence in the convenience store industry. The franchise shows strongest concentration in West Coast markets, with notable presence in California, Washington, and Oregon leading their geographic distribution. This regional clustering indicates a well-developed supply chain and market penetration in the Pacific region.

The franchise's customer review ratings suggest opportunities for operational enhancement, though certain locations like the West Sacramento store achieve higher performance metrics. The geographic distribution reveals a strategic expansion pattern, with an established West Coast base and emerging presence in diverse markets including Massachusetts, Georgia, and Indiana, indicating potential for nationwide growth.

For prospective franchisees, optimal locations typically feature high visibility from major thoroughfares, proximity to residential areas with above-average household incomes, and strategic positioning in high-traffic zones. The franchise's experience in both concentrated West Coast markets and diverse geographic regions provides valuable operational insights for new unit development.

Markets showing particular promise include underserved areas within the existing multi-state footprint, especially in states with developing presence such as Nevada, Arizona, and various Eastern states where ExtraMile has begun establishing operations. These emerging markets represent significant expansion opportunities within the franchise's strategic growth plan.
Total US locations
1,007
Franchise units
656
Corporate locations
351
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind ExtraMile

Avg gross revenue$80,003
Investment range$215,375 – $439,800
Investment midpoint$327,588
Brand fund1.5%
Royalty4.5%
Franchise fee$15,000
Min. net worth
Min. liquid capital
ExtraMile presents an entry-level investment opportunity with total capital requirements ranging from $215,375 to $439,800, positioning it significantly below the grocery and convenience store sub-sector averages of $758,594-$2,413,955. This lower barrier to entry makes it accessible to emerging entrepreneurs and those seeking diversification without substantial capital deployment.

The convenience store industry benefits from recession-resistant fundamentals, driven by essential product categories and impulse purchasing behaviors. However, the sector faces headwinds from evolving consumer preferences toward healthier options and increased competition from grocery delivery services and quick-service restaurants expanding convenience offerings.

With 1,007 units and 40 years of operation since 1984, ExtraMile demonstrates substantial system maturity and operational stability. The franchise operates as Chevron's proprietary convenience store concept, leveraging the petroleum giant's infrastructure and brand recognition across nine states, primarily concentrated in Western markets.

The reported gross revenue of $80,003 falls considerably below sub-sector averages of $639,422, which may reflect varying store formats, market conditions, or reporting methodologies. Prospective investors should carefully analyze territory demographics, traffic patterns, and local competition density when evaluating specific locations.

Ideal candidates typically require liquid capital and operational management experience in retail or hospitality sectors. The business model demands hands-on involvement or strong local management, with success heavily dependent on location selection, inventory management, and customer service execution. Multi-unit development opportunities may exist for qualified operators seeking portfolio expansion within protected territories.
Did you know? Starting your own ExtraMile convenience store franchise - known for their fresh food, quality fuel, and exceptional customer service - requires a total investment between $215,375 and $439,800, which includes the $15,000 franchise fee plus all the essential startup costs like equipment, inventory, signage, and working capital needed to bring this popular Pacific Northwest convenience brand to your community.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$215K–$440K
Most common
$215,375
Minimum
$327,588
Midpoint
$439,800
Maximum

Per FDD Item 7, total initial investment ranges from $215,375 to $439,800. The midpoint $327,588 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$100K$80K$60K$40K$20KN/A
$73K
$80K
2020
2021
2022
Avg
$51K
YOY change (2021 -> 2022)
+10%

According to Item 19 of the Franchise Disclosure Document, ExtraMile has an average gross revenue of $80K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+3% YoY
1,5001,2009006003000
2017
2018
2019
2020
2021
2022
1,007 units open as of 2021 FDD+32 in last 12 mo

2021 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for ExtraMile's 2021 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2021 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a ExtraMile franchise typically ranges between $215,375.00 and $439,800.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2021. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

ExtraMile
ExtraMile
$80K avg revenue · 656+ US franchises

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