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Introduction

EG On The Move, a subsidiary of EG Retail Services, is a leading name in the petrol forecourt and convenience retail industry. The company has effectively combined traditional fueling with shopping and fast-food services, including electric vehicle (EV) charging stations, to cater to the needs of today’s consumers.

The team joined Sarchland to Searchland to achieve its ambitious goal of acquiring new stop-and-shop sites across the UK over the next five years.

Challenges

Costly and Time-Consuming Due Diligence: EG On The Move faced significant expenses and delays from commissioning lengthy due diligence reports for every potential site. Their team had to travel nationwide, adding further costs and inefficiencies.

Delayed Notifications: Receiving alerts about new planning applications in nearby areas was slow, limiting their ability to act quickly.

Fragmented Market Insights: They lacked a unified platform to access comprehensive, nationwide market trends and data efficiently.

Ineffective Tools: Their previous land-sourcing platform was difficult to navigate and imposed extra charges for bespoke features, further hampering productivity.

Solutions

Solutions with Searchland

Streamlined Evaluations: With Searchland’s Sourcing Tool, EG On The Move can evaluate sites online within minutes, enabling them to “separate the wheat from the chaff” before investing time and money on unviable options.

Live Planning Alerts: Real-time updates on nearby planning applications ensure EG stays informed about developments like drive-thrus or petrol stations, preventing surprises and enabling proactive decision-making.

Comprehensive Commercial Data: Access to up-to-date comparables keeps EG informed about market trends, helping them accurately assess site values, craft competitive offers, and gain insights into competitor activities.

Efficient Site Sourcing: The platform helps EG identify development-ready sites, reducing the need for costly and time-intensive due diligence on unsuitable locations.

With Searchland, EG On The Move can focus on high-potential deals, aligning with their investment criteria and improving overall efficiency.

Results

EG On the Move has ambitious plans to grow its estate significantly through acquisitions over the next five years. Searchland is proud to be a key catalyst for this ambitious goal.

Commissioning lengthy due diligence reports for every potential site was costly and time consuming, especially with nationwide travel. With Searchland’s Sourcing Tool, we now evaluate sites online in minutes, quickly 'separating the wheat from the chaff' and avoiding wasted time and resources on unviable sites.

EG On The Move to grow estate through acquisitions using Searchland
Development Director at EG Group UK

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