Chevron Corporation, formerly ChevronTexaco, is one of the largest companies in the world, as ranked by Forbes Global 2000. Chevron is also one of the six “supermajor” oil companies and is involved in every aspect of oil, gas and geothermal energy industries. As such, Chevron employs more than 58,000 people, about 4,000 service station employees. As an integrated company, Chevron was founded in 2001, though the original company was established in 1879. Chevron has been franchising its ExtraMile convenience store/gas station combination locations since 2007 and has 228 units owned by franchisees.
Full Franchise Information
Chevron’s ExtraMile convenience store/gas station stores combines the world-class Chevron gasoline brand with retail food outlets that answer all customers’ road needs in one stop. The ExtraMile franchise brand was launched in 2007 and has since expanded to more than 200 stores. ExtraMile franchisees receive assistance from Chevron Corporation in the areas of merchandising, training, advertising and ongoing business advice and support. Chevron is currently offering franchising opportunities in California, Oregon and Washington.
Chevron Franchise Opportunities – History
Chevron Corporation traces its roots to 1879, when an oil discovery north of Los Angeles, California, led to the establishment of Pacific Coast Oil Co., which later became Standard Oil Co. of California, and later, after the acquisition of Gulf Oil Corp. in 1984, became Chevron. Chevron merged with Texaco in 2001, and acquired Unocal Corporation in 2005, becoming a world leader in the energy industry.
Chevron Franchise Cost / Initial Investment / Chevron Franchise Income
The estimated total investment to buy and operate a Chevron station franchise is between $1.5 and $2.5 million.
Chevron Business Opportunities: Other Information
Chevron strives to be good neighbors in the community where the company opens franchises, and has contributed to efforts in developing countries to send kids to school, helping entrepreneurs open businesses, and aiding in medical advances, to name just a fraction of the company’s philanthropic work.