Tupelo Data Room
Gas Stations, Convenience Stores
Active

Established Airport Plazas (Travel Plazas) Major Airports

New York, United States
Asking Price-
Revenue$30m
EBITDA$6.05m
Cash Flow-
Description
Leading developer and operator of premium travel plazas at major U.S. airports, with flagship operations in the New York Tri-State area. The company specializes in identifying opportunities, securing contracts, and operating comprehensive service facilities within airport premises. These plazas have exclusive operating rights within airport locations and long-term contracts with port authorities. New site coming online in March '25, providing significant upside profit growth of 40%
Real Estate
Leased
Business is
Established Franchise
Number of EmployeesFull-Time: 34
Year Established
2009
Reason Selling
Retirement
Facilities & Assets
Three Airport Plaza locations offering: Convenience store operations Fuel services, including traditional and EV charging Food court operations Parking facilities Auto services Truck parking solutions
Support & Training
Operational Handover training will be provided to Management and Support Services over the next 12 months.
Market & Competition
It is a niche industry characterized by high setup and operating costs, complex airport regulations, and a competitive bidding process. Preparing Requests for Proposals (RFPs) with various agencies requires extensive preliminary groundwork, along with expertise in designing, building, and operating facilities while ensuring compliance with airport security requirements. Additionally, leases are exclusive and granted for long durations.
Growth Opportunities
A major expansion project is currently in development on a 3.8-acre site, expected to generate significant revenue and profit starting in March 2025 upon completion. Plans include a state-of-the-art EV charging facility, additional retail space, and expanded truck parking capabilities. There is also potential for further acquisitions of airport locations.
Asking Price-