Freedom Oil sells its 27 c-stores to Midwest competitor

Group 1 - Freedom Oil, a chain of 27 convenience stores, has sold its assets to Mizpah Ventures, marking its exit from the c-store industry after nearly 80 years [3][6] - The transaction includes most locations operating under the Freedom c-store and fuel banner, with some offering Shell-branded fuel [3] - The sale reflects a broader trend of small convenience retailers, particularly those with 10 to 50 locations, selling their assets amid challenging economic conditions, a trend expected to continue into 2026 [3] Group 2 - Mizpah Ventures is entering the Florida market with this acquisition, expanding its existing network in Illinois and Wisconsin [4] - Freedom Oil's stores are primarily located in central Illinois, with a significant presence in Bloomington and Normal, and three stores in Florida located in Jacksonville, Key West, and St. Augustine [6]