Hirani Leasing LLC has acquired four convenience stores with gasoline from EG America—three Tom Thumb c-stores and one Kwik Shop location in Tennessee and Mississippi—through Aly Amaan LLC, its operating arm in Tennessee, CSP Daily News has learned.
The transaction closed on July 31. The company did not disclose the purchase price.
The newly acquired c-stores are in the tri-state Memphis market at the following locations:
- 9423 Poplar Ave, Germantown, Tennessee (Tom Thumb)
- 1210 N Germantown Parkway, Memphis (Tom Thumb)
- 945 Goodman Road East, Southaven, Mississippi (Tom Thumb)
- 3950 Goodman Road, Horn Lake, Mississippi (Kwik Shop)
The company will rebrand the locations to “Fast Gas,” an identity developed for these sites, Farhaan Hirani, president of Hirani Leasing, told CSP Daily News. “We’re going to test out the brand and see how it does.”
Hirani Leasing has developed the Fast Gas brand. | Rendering: Hirani Leasing
The two Tennessee locations have car washes, which the company is planning to remove. It will also expand the quick-service restaurant (QSR) service, said Hirani. It is looking at possible franchisees now, possibly Dunkin’ or Shipley Do-Nuts, depending on what franchises already exist nearby, he added.
“We're going to redesign the store layout and put our own branded merchandise in,” Hirani said. They are going to expand the fountain and put Fast Gas branding inside, he said.
With a background in finance, Hirani is an independent forecourt investor and operator as well as a real estate developer focusing on single-tenant retail in the Southeast.
Atlanta-based Hirani Leasing doesn’t run all of its 80 to 90 sites. It runs some through various partnerships. Some it leases, and it runs what it considers to be the “great sites,” Hirani said. “They're not under an umbrella brand; some are just a real estate investment where we sold off the business and we retained the rental income.”
As for future acquisitions, “Wherever we can find deals, we're going to do them,” Hirani said. “We're looking for acquisitions primarily in Georgia, but anywhere in the Southeast would be great. We're looking at some sites down in Florida, but no done deals.”
Any growth would be more organic, he said. “We don't really have a structured timetable or store count that we want to hit. If we find a good deal, we'll pursue it. We would want to buy at the right price, but we're not going to chase the deals.”
- EG America is No. 6 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count.
Founded in 2001 by the Issa family, Blackburn, United Kingdom-based EG Group is a gasoline forecourt and retail convenience operator with more than 6,200 sites across the United Kingdom and Ireland, Europe, the United States and Australia. Its U.S. arm, EG America LLC, operates c-store brands including Cumberland Farms, Fastrac, Kwik Shop, Quik Stop, Sprint, Tom Thumb and Turkey Hill.
Westborough, Massachusetts-based EG America, declined to comment to CSP Daily News on the deal.
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