Privately held and operated, QuikTrip encompasses more than 450 convenience stores open every day of the year. The company is a retailer of motor fuels and convenience items to consumers in its markets. QuikTrip has a more than 45-year history in the convenience store/gasoline retail industry. The gasoline and diesel fuel it offers is purchased from various refineries all located in the United States. The average QuikTrip convenience store is only seven years old. The company closes older, out-of-date convenience stores almost as fast as it builds new ones. Once a QuikTrip convenience store is open, the company spends nearly $50,000 annually on landscaping, remodeling and maintenance. The company boasts more than $5 billion in sales annually and is ranked in the top 20 on the Forbes list of privately held companies. QuikTrip is headquartered in Tulsa, Okla.