Uni-Mart seeks bankruptcy

Anybody with honest opinion about UNIMART. "jack ass" please don't answer this.

i bought a unit mart store and prospering well
these day unit mart is best deal

Sheetz rules.

I am going to be real honest. As a person who travels a lot in the local area, several years ago, I pulled into a Unimart for coffee later at night because Turkey Hill has a reputation for having stale coffee. Well it was very fresh and smooth-tasting, the gas prices were competitive and I continued to try other locations, which also had fresh coffee.

Unimarts were not glittery looking, but they made a positive impact on me. In recent times, I knew they were in trouble because the workers obviously were not being pressed to keep the coffee fresh, and I stopped going.

Recently, I entered a (formerly) Unimart that had been taken over by a private party and they had the whole coffee bar taken apart for cleaning. It was one of the owners, boasting how she is keeping everything clean (at the expense of sales and the availability of coffee at all hours). But, she added, "there's a little left in that pot over there," which I poured and it stank and was almost syrup.

I returned once more and concluded that that entrepreneur KNOWS NOTHING about running a convenience store and I am sure they are losing their shirt.

BOTTOMLINE: Keep the gas prices competitive. AND, keep the coffee and all other food items FRESH. Yes, keep it clean, but NOT AT THE EXPENSE OF SALES.

Got it?

I hope all of the new operators of these stores do what I said, and they will have nothing to worry about Sheetz. Sheetz, too, is not always the best place to go. They fast food, is overpriced most of the time.

i have bought 3 stores and prospering well
i will be a milllionare in few yrs
go for the stores
with god bleshing you will be ok

greedy wrote:

i have bought 3 stores and prospering well
i will be a milllionare in few yrs
go for the stores
with god bleshing you will be ok

And don't forget about coffee shelf-life, AND, keep is there AROUND THE CLOCK. If you do that, you do not need a fancy building. Guaranteed.
I will return because I support small American entrepreneurs

Shaun Kahn wrote:

Mr. Knowledgeable, why don't you identify yourself. You are a uni-marter and you are equally responsible as the rest of the uni-mart staff. We have sufficient documentation to prove that uni-mart defrauded dealers and that's why they settled the law-suit out of the court because they knew that if the case went before the grand jury, not only that uni-mart could be out of the picture but all the executives could be jailed as well.
Don't even talk about that, "Mr. Knowledgeable, my foot".
Ask those innocent dealers who not only lost their life time savings and businesses but their families are also suffering and they left the country to survive.

My personal identity isn't necessary... but if you must know - yes I USED TO BE an employee at the corporate office. I have since moved on to better opportunities. So, I did have an insiders view of the operating procedures and ebb-and-flow of the business. Even with that knowledge - as stated before - it took me 5 minutes of reading the financial sheets to realize that it was too risky. I'm a worker - not a businessman - and right there in black and white you could see that there was no costs on there for worker salaries, insurance, lease and rental fees, real-estate taxes, etc. What I'm saying is that if a hack like me - with no business sense or experience at all - could see that it was a bad risk in five minutes then anyone else that looked into it should have seen it as well. It was all laid out to you up front - it's not Uni-Marts fault.

Right on, Knowledgeable! People need to take responsibility for their decisions/actions. If you signed a bad contract - don't blame the person that wrote the contract! Blame yourself for signing it.

i have run my family business for the past 20 years and i have recently opened a convenience store in batavia new york and am doing quite well. The location has been a store for 20 years and everyone said it would never make money so i had to prove them wrong. Its not the location its the operator.
Also i looked into buying a Uni-mart and knew it was a scam they required a pre-bid of 2,500 for this store and if nobody else bid you get the store. I had my lawyer get involved and told him that there wasn't any information on the website about the lease! I think it was 2 days before the auction that the numbers were posted and they were about 6 times higher than the rent and taxes i am paying for a store 6 miles up the road. The thing is anyone who wanted a store would have already put a bid in without knowing they could never profit with a lease like that. Its very dishonest what they did and when that store goes under i will get that location because its a great location just run like shit! They should be ashamed of themselves.

I agree. C-stores that fail or do make less the projected sales are many times poorly run. In other words, they are not well stocked AND the don't keep things like coffee fresh, the countertops and glass CLEAN, and they are either hostile or very unprofessional.
Sheetz seems to be on top of things.
The turkey place issues.
If you are an happy to run a business here in the USA, I hope everything is prosperous.

I was a middle management employee in the 90's.They cooked the books then, can't imagine what they might be doing now that they are in trouble.Things they did were unbelievable. Hid shrink, and bullshitted gross profit.Read the posts of the people that support them, they can't even phrase the english language properly.Wonder who they work for? Saw so many people screwed.

they should be investigted by the attorney general office to see that if they have cheated their lively hood

Send them all to jail

dus you tink we iz dum like ju

What the heck was that last post? Speak some sort of a language.

http://www.nriinternet.com/NRIrealtors/INDIA/...

Shaun Kahn wrote:

Uni-mart's long term strategic plan was to sell the stores at three times the actual price, to innocent dealers. They wanted to bankrupt the dealers and then take back the stores. They deceived the innocent dealers by showing them false financial information. On top of that, they over charged gas prices to innocent dealers over the period of time. Also, their long term plan was to sell the property of all the stores to a third party company, which they did without informing the dealers, although in the PSP's, the right of first refusal belonged to the dealers. Then, suddenly they filed the bankruptcy to save more than 80 million dollars that they owed to the creditors such as gasololine and other grocery vendors. Uni-mart is charging three times more rent that what the store rent is worth, to the dealers.
Uni-marts master mind Mr. Raj Wakharia, the gujrati Indian is responsible for all this game plan. Now, the question is how long uni-mart could fool the dealers more? It's about time for government authorities to look into this matter seriously before all innocent dealers file bankruptcy and suffer financialy more than ever.
Please, don't buy uni-mart stores even if they offer to anyone for free.

read this !!!http://www.nriinternet.com/ NRIrealtors/INDIA/NRI_investor s/Raj_Vakharia/index.htm

small people in america does not count,you have to be rich like owner of unit mart stores ,you can escape what ever you do