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  6. PAR MAR OIL COMPANY

PAR MAR OIL COMPANY

114-A WESTVIEW AVE MARIETTA, OH 45750 Get Directions

(740) 373-7406

http://www.parmarstores.com

Business Info

  • Founded 1967
  • Incorporated OH
  • Annual Revenue $218,000,000.00
  • Employee Count 800
  • Industries Retail - Convenience Stores, Chain
  • Contacts Nichole Evans

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Company Summary

Par Mar Stores can trace its roots to Par Mar Oil Company which was established in 1967 as a full line petroleum jobber by Joseph G. Grow of Parkersburg, WV and James L. Hollister of Marietta, Ohio. In search of a name, Mr. Grow and Mr. Hollister decided on Par Mar, Par for Parkersburg, WV and Mar for Marietta, OH. At the onset Par Mar Oil Company began business with 3 full time employees serving commercial, industrial and consumer accounts with oils, greases, gasoline, diesel fuels, heating oils, and various other petroleum products. Par Mar's initial petroleum affiliation was Amoco Oil Co. which led to the dealer sector of the business. This division grew to service 55 independent dealers with the Amoco Brand. In 1979, Par Mar opened its first convenience store on Ohio State Rt. 7 South, now Par Mar #7. Mr. James L. Hollister (J.L.) then the president of Par Mar had left town for a few days on a business trip. His oldest son, William C. (Bill) had long tried to convince his father to enter the convenience store/gasoline business. J.L. wanted no part of it and steadfastly refused each and every attempt by Bill to proceed. Bill felt with J.L. out of town the opportunity and timing was right. With a loan of $11,500.00 Bill secured from a local bank, Par Mar Stores was actually born overnight, initially doing business as Par Mar Shop N Save. To J.L.'s shock and surprise upon his return it was too late to turn back, thus the convenience store division began. Par Mar Oil Company grew into a multi state petroleum distributor with distribution centers in Marietta and Gallipolis, OH and Charleston, WV with numerous national brands of lubricants, gasolines, and fuels. The convenience store division grew along with petroleum business and all operating entities of Par Mar peaking in 1988 with annual sales in excess of $30,000,000 and employees exceeded 125 people. In January of 1988 Bill Hollister purchased the ownership interest of James L., his father and James A., his brother. Subsequent to the purchase, Bill wanted to concentrate on the convenience store division and sold all other operating entities of Par Mar with the exception of the convenience stores and the independent dealers. In 2016, Par Mar was purchase by Croton Holdings. Par Mar currently operates 92 convenience stores with over 800 employees.

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Address:
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LAST VERIFIED: 12 - 31 - 1969
Phone:
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