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Fuel Up • Go • Simple

JUSTFUEL

A new vision for how America fuels up. No convenience store. No overhead. Just fuel.

FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS • FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS • FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS • FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS • FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS • FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS • FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS • FUEL UP & GO • NO OVERHEAD • MAXIMUM MARGINS • SECONDARY MARKETS •

Simplicity Is Profitable

Over 56% of gas customers pull up, fill up, pay, and leave — never setting foot inside the store. We built JustFuel for the majority. Remove the costly convenience store, and you're left with pure margin.

No Convenience Store

Eliminate staffing, security, and inventory overhead that shreds profits in low-traffic markets.

Secondary & Tertiary Markets

Limited competition means we control margin on fuel — the core income stream.

20 Locations Target

Strategic rollout across underserved markets with high traffic counts and minimal competition.

56%
Never Enter The Store
The majority of gas customers
just want to fuel and go.

Built For Efficiency

Every element of the JustFuel model is designed to maximize returns while minimizing operational complexity.

Strategic Site Selection

Signalized hard corners in tertiary markets with 10,000+ daily traffic counts, less than 1 acre, and minimal competition within 1-3 miles. Working with 20+ land brokers.

Seamless Fueling

6 high-flow fueling pumps designed for speed and simplicity. Our customers fuel and go with zero friction — no lines, no hassle.

Maximize Returns

Without high cost of goods and labor, we maximize fuel margin returns. Full investor transparency on an efficient business model.

Low Overhead Model

No staffing headaches, no inventory shrinkage, no security costs. A minimized management-intensive model that protects your investment.

Brand & Loyalty

Building brand awareness through a rewards program that gamifies the fueling experience and maintains customer data for growth.

Exit Strategy

Target exit at 7.5% cap rate via sale-leaseback. Low management intensity makes properties highly attractive to out-of-state investors.

0
Gallons Sold Annually
Per Site
0
Target Locations
0
Gross Income Per Month
Per Site

Our Team

Led by professionals with deep expertise in gas station acquisitions, commercial brokerage, and multi-market transaction management.

ST

Sai Thakor

Partner & CEO
Vice President at CBRE specializing in gas station and convenience store acquisitions and dispositions. Leads CBRE National Gas Stations and Travel Centers with $300M+ in transactional volume since 2021. Texas State University graduate with a negotiation mastery certification from Harvard Business School.
sai.thakor@cbre.com
832.689.5400
MC

Matt Cappel

Partner & COO
Member of CBRE's Cincinnati Multi-Market Advisory & Transaction Management Team. Delivers multi-market advisory services to national retail and office space occupiers including EG America and Macy's. Manages EG America's New-To-Industry store acquisition program and their portfolio of 1,700+ properties.
matt.cappel@cbre.com
SW

Sean Wenderoth

Project Manager
Oversees project execution and operational coordination across JustFuel's development pipeline, ensuring timely delivery from site acquisition through construction and station launch.
sean.wenderoth@cbre.com

A Rare Opportunity

Tailored for LPs looking to diversify their portfolio. Fueling stations with low overhead and maximized returns, led by professionals with $300M+ in transactional volume.

01
Phase 1 — Foundation
Develop 2 JustFuel locations. Maximize a minimized management-intensive business model. Create brand awareness and loyalty. Onboard 3 Limited Partners.
02
Phase 2 — Growth
Launch our rewards program. Maintain comprehensive customer data. Gamify the fueling experience to drive repeat visits and brand loyalty.
03
Phase 3 — Exit
Target exit at 7.5% cap rate via sale-leaseback. Low management intensity makes these properties highly attractive to buyers. Strong interest from out-of-state investors.
30%
Project IRR
2.5x
Equity Multiple
2 Years
Hold Period
7.5%
Target Cap Rate

Let's Connect

We're hand-picking our partners and will only work with qualified investors. Reach out to learn more about this opportunity.

Sai Thakor — Partner & CEO Vice President, CBRE
National Gas Stations & Travel Centers
sai.thakor@cbre.com • 832.689.5400
Matt Cappel — Partner & COO Cincinnati Multi-Market Advisory
& Transaction Management Team, CBRE
matt.cappel@cbre.com
Sean Wenderoth — Project Manager
sean.wenderoth@cbre.com
Concept Private Equity

Creating a bridge between our investors and the unknown. Generating returns across diverse investment types with deep commercial brokerage expertise.

Designed for the Modern Driver

The JustFuel station concept is engineered for maximum efficiency and comfort. With a streamlined canopy design and optimized traffic flow, we’ve eliminated the congestion of traditional fueling stations.

Concept 01 - Corner Canopy Perspective
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