Business & Tech
Do You Want to Buy a Convenience Store?
Beverly Tedeschi Food Shop on Cabot Street among 12 in Massachusetts up for sale.

Beverly, MA - A Tedeschi Food Shop at 52 Cabot Street in Beverly is up for sale.
The convenience store is one of 12 in Massachusetts and one in New Hampshire being put up for sale by the 7-Eleven corporation, according to Convenience Store and Fuel News.
7-Eleven purchased 182 Tedeschis last summer with the idea of rebranding many of those stores as 7-Elevens over time.
Find out what's happening in Beverlyfor free with the latest updates from Patch.
The other Massachusetts locations up for sale are in Billerica, Bridgewater, Holbrook, Hyde Park, Kingston, Littleton, Lynn, Nabnasset, Norton, Sandwich and Westford.
The company is offering the Moultonborough, N.H., site—the only one that sells fuel—for sale with a 10-year fuel supply agreement. SEI Fuels Inc., a 7-Eleven subsidiary, would provide the fuel, according to Convenience Store and Fuel News.
Find out what's happening in Beverlyfor free with the latest updates from Patch.
Irving, Texas-based 7-Eleven operates, franchises or licenses more than 10,300 7-Eleven convenience stores in North America. Globally, there are some 52,800 7-Eleven c-stores in 16 countries. During 2013, 7-Eleven stores worldwide generated total sales of more than $84.5 billion.
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