Gas Station Feasibility Study in the Austin-Round Rock-San Marcos, TX Metro Area

Gas station lending in the Austin area

Placed 11 of 39 locally and carrying a location quotient of 0.81x, gas stations and truck stops weigh less in Texas's capital metro than they do nationwide. SBA lists 49 loans from FY2017 to FY2026, $79.1 million approved. The median of $1.3 million is 1.26x the national figure, with quartile edges at $795,000 and $2.4 million. Across all metro and micro areas Austin lands 25 of 600.

Blind spots in the industry code

Each loan is coded to its borrower's own line of business. The gas station code also absorbs truck stops and travel centers, and electric vehicle charging has no 2022 entry at all, so among these 49 loans a charger-led site stays invisible. Franchise share is 53.1%. Of the 49 loans, 44 are 7(a) and 5 are 504.

A holder with a large book here

Wallis Bank is the single listed holder, with 13 loans worth $29.1 million, which is a large part of the $79.1 million approved; that is an SBA tally of holdings and not a comment on the bank. Travis County, TX accounts for 24 loans, with Hays County, TX and Williamson County, TX at 8 each. FY2017 printed 9 loans and $11.4 million, FY2019 8 and $9.7 million, FY2020 12 and $27.2 million, and FY2021 5 and $8.2 million. FY2018 and FY2022 through FY2026 are withheld.

Outcome rates are absent

Neither cancellation nor charge-off prints for Austin fuel sites, and the absence of either is not a zero. Austin's 49 loans arrive through Travis, Hays and Williamson, names found in the 2023 list.

What an Austin fueling-site study has to test

A study should test traffic counts and access on the proposed corner, the volume of competing fuel and convenience sites, and fuel margin against store sales, which usually carry the profit. Cost covers tanks, canopy, environmental review and the store. At loans centered near $1.3 million, run coverage with a fuel-price shock layered on. The appraiser needs to value land, building, and equipment separately and say how environmental conditions are handled. If a charging component is planned, the study must treat it separately, because this record cannot.