Gas Station Feasibility Study in the Tampa-St. Petersburg-Clearwater, FL Metro Area

The Tampa-St. Petersburg-Clearwater picture for gas stations and truck stops

Gas stations and truck stops are a modest part of Tampa Bay lending, with a location quotient of 0.33x, and their loans run smaller than the national median, at 0.60x. Tampa-St. Petersburg-Clearwater, FL Metro Area lists 27 gas station loans, $22.7 million approved over FY2017 to FY2026. At home in Tampa-St. Petersburg-Clearwater the class sits 16 of 39, while the area is 46 of 600 on the national list. A 0.33x location quotient means the Tampa-St. Petersburg-Clearwater mix leans away from gas stations and truck stops, compared with the national mix. Tampa-St. Petersburg-Clearwater loan size runs low: $630,000 at the median, 0.60x the national median for gas stations and truck stops.

Half of all Tampa-St. Petersburg-Clearwater loans fall within a band from $83,500 up to $898,000. A request well above $898,000 would be among the largest in Tampa-St. Petersburg-Clearwater. The Tampa-St. Petersburg-Clearwater program split reads 20 for 7(a) and 7 for 504. The Tampa-St. Petersburg-Clearwater franchise share of loans is 44.4%. Start from a $630,000 median loan. The middle half spans $83,500 to $898,000. Say plainly whether the gas station is branded. Say which program the plan fits. These figures cover gas stations and truck stops together, with no separate line for charging or for travel centers.

Lenders, counties and years for gas stations and truck stops

Under SBA 7(a), SBA lists TD Bank, National Association with 7 loans worth $1.0 million as current holders. Names show who carries the paper. It cannot show what a lender wants. By county, Hillsborough County, FL accounts for 17 loans. The years that print are FY2020 (0 loans, $0) and FY2021 (6 loans, $3.2 million). Other fiscal years stay hidden. Too few loans sit behind them. It does not mean no loans. A few printed years show no direction. Sponsors should know the Tampa-St. Petersburg-Clearwater record first. Local evidence completes the picture.

Underwriting a gas station in Tampa-St. Petersburg-Clearwater

Charge-off and cancellation rates: none for Tampa-St. Petersburg-Clearwater. The cohort has too few loans. Loss history cannot be cited. Areas are federal groupings, 2023 edition. The county sets a loan's area. Names are compared county to county. Unmatched loans appear in no area. 27 approved loans carry $22.7 million in Tampa-St. Petersburg-Clearwater. No total replaces the project. Underwriting a gas station in Tampa-St. Petersburg-Clearwater turns on thin fuel margins and debt room; environmental liability for tanks; payment, security and staffing cost; traffic count on the serving road; any brand supply agreement; land, canopy, pumps and store cost set beside the $630,000 median loan; gallons and store visits at the site; cash flow through price swings; and appraisal of a fuel and store property. This page offers no assurance to gas station sponsors. Each study stands alone.