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With 5-location acquisition, chain now operates 22 convenience stores
By Chuck Ulie, May 12, 2025
Good Oil Co., Winamac, Indiana, which operates Good To Go convenience stores, has acquired Lebanon, Ohio-based Big Mike’s Gas N Go, a niche convenience retailer in and around Dayton and Cincinnati, the company announced last week.
Big Mike’s was founded in 2008 when Mike Schueler, president and CEO of the Schueler Group, a real estate development and construction firm, bought his first two convenience stores in Troy and Tipp City, Ohio.
Good to Go owns or operates 17 retail locations and supplies more than 100 dealer locations, according to its website. These sites are under the bp, Citgo, Marathon and Phillips 66 brands.
Big Mike’s has five locations, according to its website.
With a background in commercial development, Schueler leveraged his development experience to build a chain of stores that focused on customer service, according to Richmond, Virginia-based Matrix Capital Markets Group, which provided merger and acquisition services to Big Mike’s.
“Matrix was an invaluable resource in identifying potential buyers of Big Mike’s and an attentive and effective partner in finalizing the sale to Good Oil Company,” Schueler said. “We welcome Good Oil to southwest Ohio”
“Over time, Mike Schueler built one of the more successful niche convenience retail companies in southwest Ohio through a strong commitment to friendly staff, expansive retail offerings, and clean, modern stores,” Matrix said.
Andrew LoPresti, director at Matrix, who helped manage the transaction said, “Mike’s dedication to his company and care for his employees were inspiring. It was a privilege to be selected to advise Big Mike’s on this transaction. We wish them the best of luck in their future endeavors.”
Good Oil Company was founded by Don O. Good Sr. in 1941, according to the company’s website. The company was involved mainly in the sale and delivery of petroleum products to farm and home heat customers. Good Sr. became a Standard Oil/Amoco jobber and continued to grow the business until retiring in 1978. When he retired, his two sons, Don and Dean, took over operation of the company. They relocated the business from Monterey, Indiana, to its current offices in Winamac in 1980.