Gas Station Feasibility Study in the Beaumont-Port Arthur, TX Metro Area

Fuel retail leads the local list

Two ranks describe Beaumont-Port Arthur: 1 of 39 for gas station and truck stop among Beaumont-Port Arthur's classes, and 34 of 600 for the area itself. Between FY2017 and FY2026 the files hold 37 approved loans worth $63.4 million, and Jefferson County supplies 27 of them. Beaumont-Port Arthur carries a location quotient of 9.09x: gas station and truck stop loans claim a bigger slice there than nationally. None of this is flagged as distinctive, so treat the 9.09x as background rather than a verdict: it tells a lender how much fuel capacity SBA has already financed in Beaumont-Port Arthur, and it warns a borrower that a new outlet will compete with a well-funded field.

Median loan size is $1.2 million; beside the national median throughout the class that is 1.14x, and most usual loans sit between $686,000 and $2.8 million. Of the 37 loans, 31 sit under 7(a) and 6 under 504, so the working-capital program dominates. A franchise brand attaches to 59.5% of them. Because that middle band is wide, a study has to justify its own site cost, tank and equipment package and any rebranding instead of lean on an average. A reader looking at Beaumont-Port Arthur should remember that the gas station and truck stop figures cover SBA-recorded loans only, and a plan in Beaumont-Port Arthur requires its own proof of revenue.

Current holders

On the 7(a) side, Southwestern National Bank is named by SBA with 6 loans worth $10.9 million. Read that as a snapshot of who holds the paper today: it does not say who made the loans, and . A borrower can take one practical point from it, that lenders in this area already carry fuel-retail exposure, so a study that answers their questions in advance saves everyone time.

Only some years are printed. FY2017 shows 5 loans and $5.8 million, FY2020 shows 5 loans and $6.8 million, FY2021 shows 10 loans and $23.7 million, and FY2023 shows 6 loans and $8.5 million. FY2021 is the heaviest of the four, and the other years carry no figure. We leave out Beaumont-Port Arthur's two outcome rates as the Beaumont-Port Arthur FY2017-to-FY2021 cohort contains fewer than 30 loans, short of Loan Analytics' own threshold for Beaumont-Port Arthur. A missing rate in Beaumont-Port Arthur is unknown, not nil.

Where a study for Beaumont-Port Arthur has to dig

A fuel project near Beaumont and Port Arthur has to begin with the trade area: with this class ranked first locally, what volume is left for one more outlet? The study then sets fuel margin and in-store sales beside build or purchase cost, runs the payment test on a loan inside the Beaumont-Port Arthur band from $686,000 to $2.8 million, and has the real estate priced separately from the operating business. The federal county grouping defines Beaumont-Port Arthur, and loans from counties Beaumont-Port Arthur cannot place are dropped from its totals.