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Citizens Fuel Co.

Founded in 1904, Citizens Fuel Co. is now in its fourth generation as a family business, in Western North Carolina. Originally owned by the Woodcock Family, Vic Shealy purchased the business in 1973. While Vic remains active in the business, most of the day-to-day operations are managed by Vic’s son, Scott and Vic’s son-in-law, Nathan Best.

For much of its existence, Citizens has distributed heating oil and petroleum products, to homes, businesses, and convenience stores. In 2007, looking to diversify its business model, Vic and Scott established Citi Brands, LLC, d/b/a Dunkin Donuts. Citi Brands, now operates six Dunkin Donuts, and will break ground this fall, on its seventh location.

Throughout Citi Brands development, it has worked closely with Forest Commercial Bank, and now Carolina Alliance Bank, to facilitate its growth. As a community lender, that understands the needs of small businesses, Carolina Alliance has helped Citi Brands position itself for success and future growth.

Citizens Fuel Co., 2 Clingman ave., asheville, nC 28801 • (828) 252-2461 • www.Citizensfuel.Com

 

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