Tooley Oil is selling its NorCal convenience stores and car washes

Tooley Oil Company, a beloved brand in Northern California, is exiting the petroleum and convenience retail business after nearly 50 years.

• Tooley Oil is selling its convenience stores and car washes.
• The sale includes 12 convenience retail stores and 7 car washes.
• The locations are in the Sacramento metropolitan area.
• The buyer is undisclosed and confidential.
• Matrix Capital Markets Group advised Tooley on the sale.

The company has sold its 12 convenience retail stores and seven car washes in the Sacramento metropolitan area to an undisclosed buyer.