How much does a Fikes Wholesale, Inc. - Fuel Supply Agreement cost to buy or open?

The typical deal for Fikes Wholesale, Inc. - Fuel Supply Agreement is $482K across 9 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $53K of buyer cash on a typical deal.

How risky is Fikes Wholesale, Inc. - Fuel Supply Agreement?

Fikes Wholesale, Inc. - Fuel Supply Agreement has 9 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a Fikes Wholesale, Inc. - Fuel Supply Agreement with an SBA loan?

Yes — Fikes Wholesale, Inc. - Fuel Supply Agreement has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Fikes Wholesale, Inc. - Fuel Supply Agreement SBA Intelligence: Real Cost, Rates & Failure Rate

Recent financings

2020 Sams Convenience & Gas Inc in Huntsville, TX — $3.1M (2024) · b1BANK

Program: Preferred Lenders Program
Rate at approval: 10% variable
Term: 312 mo (26 yrs)
SBA guaranteed: $2.3M (75%)
Approval → funding: 18 days
Approved: 8/19/2024
First disbursed: 9/6/2024
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 12
Business age: Startup, Loan Funds will Open Business
Industry: Gasoline Stations with Convenience Stores

Funded by b1BANK · Lender record →

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Lacoul Texas Investments Inc in Pittsburg, TX — $1.4M (2023) · Citizens Bank

Program: Preferred Lenders Program
Rate at approval: 7.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.0M (75%)
Approval → funding: 10 days
Approved: 10/28/2022
First disbursed: 11/7/2022
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

SST Petroleum, LLC. in Killeen, TX — $909K (2021) · purchase · VelocitySBA, LLC

Program: Preferred Lenders Program
Rate at approval: 5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $682K (75%)
Approved: 12/11/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 3
Business age: Change of Ownership
Industry: Convenience Stores

SST Petroleum, LLC. in Killeen, TX — $885K (2021) · VelocitySBA, LLC

Program: Preferred Lenders Program
Rate at approval: 5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $797K (90%)
Approval → funding: 5 days
Approved: 2/4/2021
First disbursed: 2/9/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

MERIDIAN FUELS LLC in Hawkins, TX — $406K (2021) · GBank

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $366K (90%)
Approval → funding: 9 days
Approved: 7/6/2021
First disbursed: 7/15/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

Topps Food and Fuel, LLC in Pittsburg, TX — $383K (2021) · GBank

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $344K (90%)
Approval → funding: 17 days
Approved: 5/21/2021
First disbursed: 6/7/2021
Loan status: Paid in full (11/30/2022)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Fann Fuels LLC in Leonard, TX — $323K (2021) · purchase · GBank

Program: Preferred Lenders Program
Rate at approval: 5.5% variable
Term: 279 months
SBA guaranteed: $291K (90%)
Approval → funding: 9 days
Approved: 7/12/2021
First disbursed: 7/21/2021
Loan status: Paid in full (5/31/2023)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

Sawyer Bay & Company, INC. in Belton, TX — $482K (2020) · purchase · Customers Bank

Program: Preferred Lenders Program
Rate at approval: 7% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $362K (75%)
Approval → funding: 23 days
Approved: 1/8/2020
First disbursed: 1/31/2020
Loan status: Paid in full (7/31/2023)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Sawyer Bay & Company, INC. in Belton, TX — $75K (2020) · Customers Bank

Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Rate at approval: 7.75% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $38K (50%)
Approval → funding: 23 days
Approved: 1/8/2020
First disbursed: 1/31/2020
Loan status: Paid in full (1/31/2024)
Loan type: Revolving line
Collateral: Required
Business type

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

Fikes Wholesale, Inc. - Fuel Supply Agreement, by the numbers

Recent financings

Who funds Fikes Wholesale, Inc. - Fuel Supply Agreement — and where

Common questions

How much does a Fikes Wholesale, Inc. - Fuel Supply Agreement cost to buy or open?

How risky is Fikes Wholesale, Inc. - Fuel Supply Agreement?

Can I finance a Fikes Wholesale, Inc. - Fuel Supply Agreement with an SBA loan?

AI summary