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ExtraMile

ExtraMile Convenience Stores LLC

Company Information

3875 Hopyard Road, Suite 240 Pleasanton, California 94588

[email protected]

Company offers ExtraMile franchises under the ExtraMile Franchise Contract attached as Exhibit B (the “Franchise Agreement”). ExtraMile convenience stores are only located at motor fuel outlets that sell Chevron- or Texaco-branded motor fuel. The contract for supplying the Chevron- or Texaco-branded motor fuel to the outlet is called the “Fuel Contract” in this Disclosure Document. The Fuel Contract may be between you and Chevron or between you and Jacksons or another Chevron-authorized motor fuel marketer. Company is not a party to the Fuel Contract. Chevron and Jacksons are not parties to the Franchise Agreement. Most ExtraMile convenience stores are located at Chevron-branded outlets. If you are or would be operating the ExtraMile convenience store at a Texaco-branded outlet, any references in this Disclosure Document to “Chevron” motor fuel, retailers and outlets should be read as also referencing “Texaco” unless the context indicates otherwise. This Disclosure Document describes the ExtraMile convenience store franchise opportunity only and does not describe the Fuel Contract or the branded motor fuel retailer or marketer business. Company is not obligated to approve your franchise application, even if you are an existing Chevron or Texaco motor fuel retailer or marketer. Giving you this Disclosure Document does not obligate Company to approve your franchise application, to offer you a new ExtraMile franchise, to renew your ExtraMile franchise, or to enter into any agreements with you. Company offers the ExtraMile convenience store franchise described in this Disclosure Document (the “ExtraMile Program”) only to eligible retailers and marketers whose outlets include (or will include) a branded fueling facility for reselling Chevron or Texaco brand motor fuel purchased under a Fuel Contract and a convenience store for reselling merchandise and services purchased from other suppliers.

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

5/10

Earning Transparency

7/10

Investment Accessibility

3/10

Summary of potential earnings

Average Revenue Per Unit

$72,682 / unit

Average Revenue During 2020
Franchise Type:

Food Retail (Grocery, Specialty Foods)

$72,682

Industry Low

$2,523,340

Industry High

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of ExtraMile Franchisee

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $3,500 Maximum: $15,500

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $182,575 Maximum: $534,300

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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