Quick Stats

Quick Stats

    You are here

    Bolla Market’s Bold Next Step

    Franchising is next up for this multifaceted retailer.

    By Angela Hanson, Convenience Store News

    GARDEN CITY, N.Y. -- When a customer walks into a Bolla Market store, they may not realize that behind the usual offerings of coffee, snacks and newspapers is an entirely homegrown operation.

    Since the company's founding in 1989 by President and CEO Harry Singh, Bolla Oil Corp. has expanded into a powerhouse operation that includes more than 90 retail sites — 28 of which operate under the Bolla Market banner — and operates multiple divisions covering nearly every aspect of the industry, including real estate, fuel supply, construction, car washes and more.

    To celebrate its 25th anniversary this year, Bolla is on the verge of a brand-new venture: its first franchise Bolla Market store, tentatively scheduled to open during the first half of 2015.

    The company is in the final stages of filing its franchise disclosure to get approval from the Federal Trade Commission. As a franchisor, Bolla can offer the support and consistency of an established name and branded fuel solution, and the breadth of its divisions will allow the company to put its industrywide expertise to use.

    "To a point, we can almost hold their hands from building to running the sites and making money at the end," Singh told CSNews Online.

    Plans are already in place for when Bolla gets the green light, but the company doesn't intend to sell franchises to just anyone.

    "We have two committed Bolla Market franchisees on hand," Singh said. "Once we're official, we'll hold meetings with our existing franchisee-and-supply locations and give them the pros and cons of Bolla Market. Since we own the property, we'll be investing millions of dollars building [stores]. We want to make sure they buy into it so we're not forcing anybody to do something."

    For more on Bolla's past, present and future, look in the October issue of Convenience Store News

    By Angela Hanson, Convenience Store News
    • About Angela Hanson Angela Hanson is associate editor for EnsembleIQ's Convenience Store News and Convenience Store News for the Single Store Owner, where she is responsible for primary coverage of the candy, snacks and packaged beverages categories. Since joining CSNews as assistant editor in early 2011, she has played a key role in helping CSNews.com maintain its position as the No. 1 news source for the convenience store industry. Prior to joining CSNews, Hanson served as junior editor at Creative Homeowner book press and as managing editor of Anime Insider magazine. She has degrees in creative writing and visual communication technology from Bowling Green State University.

    Related Content

    Related Content