How risky is World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea?

World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea has 5 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.

World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea SBA Intelligence: Real Cost, Rates & Failure Rate

Q: How much does a World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea cost to buy or open?

The typical deal for World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea is $1.1M across 5 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $116K of buyer cash on a typical deal.

Q: Can I finance a World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea with an SBA loan?

Yes — World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea 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.

Recent financings

Sadguru Kripa LLC in Kennewick, WA — $3.5M (2024) · Commonwealth Business Bank

Program: Preferred Lenders Program
Rate at approval: 9.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.6M (75%)
Approval → funding: 26 days
Approved: 11/10/2023
First disbursed: 12/6/2023
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 4
Business age: Existing or more than 2 years old
Industry: Gasoline Stations with Convenience Stores

Funded by Commonwealth Business Bank · Lender record →

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ASHAR PETROLEUM LLC in Racine, WI — $906K (2022) · purchase · Celtic Bank Corporation

Program: Preferred Lenders Program
Rate at approval: 6.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $680K (75%)
Approval → funding: 3 days
Approved: 6/27/2022
First disbursed: 6/30/2022
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Timmerman Petro Mart, LLC in Milwaukee, WI — $1.1M (2021) · purchase · Waukesha State Bank

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 180 mo (15 yrs)
SBA guaranteed: $945K (90%)
Approval → funding: 3 days
Approved: 6/14/2021
First disbursed: 6/17/2021
Loan status: In liquidation
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported

107th LLC in Milwaukee, WI — $1.6M (2020) · purchase · Waukesha State Bank

Program: Preferred Lenders Program
Rate at approval: 6.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approval → funding: 68 days
Approved: 3/24/2020
First disbursed: 5/31/2020
Loan status: Paid in full (10/31/2024)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported

Hariom Gas Inc in Demotte, IN — $964K (2020) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $723K (75%)
Approval → funding: 29 days
Approved: 8/13/2020
First disbursed: 9/11/2020
Loan status: Paid in full (3/31/2024)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported

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

World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea, by the numbers

Recent financings

Who funds World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea — and where

Common questions

How much does a World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea cost to buy or open?

How risky is World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea?

Can I finance a World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dea with an SBA loan?

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