Sableleaf Lending, a business funding company in Grants Pass, OR, explains gas station loans for Josephine County, OR stations and convenience stores: how to get a business loan for a gas station, how to buy an existing station's business, financing fuel and store inventory, and equipment such as coolers and dispensers. Real estate lending is outside this site. County figures come from the Census Bureau.
At a glance
- Gasoline station employers, Josephine County, OR
25 (CBP 2023)
- Convenience store employers
30 (CBP 2023)
- Gas station employees
365 (CBP 2023)
Grants Pass, OR: How to Get a Loan for a Gas Station
Gas station loans fund what keeps a station selling: fuel in the tanks, stock on the store shelves, coolers, dispensers and point-of-sale systems, and the purchase of an existing station's business. Josephine County, OR had 25 gasoline station employer establishments in 2023 with 365 paid employees and $10.3 million in payroll, and 30 convenience store employers with 161 employees (Census Bureau, County Business Patterns 2023).
| Measure | Gasoline stations (4471) | Convenience stores (445120) |
|---|---|---|
| Employer establishments | 25 | 30 |
| Paid employees | 365 | 161 |
| Payroll per employee (our arithmetic) | $28,200 | $28,700 |
| ZIP 97526 establishments (ZBP 2023) | 13 | 9 |
How to Get a Business Loan for a Gas Station: The Josephine County, OR Version
- Separate the request by purpose: fuel and store stock, equipment, a remodel, or a purchase.
- Gather fuel supplier statements, store sales by category and bank statements.
- Have the fuel supply agreement and any brand or franchise agreement on hand.
- Know the environmental status of the tanks and any monitoring records.
- Phone (541) 229-5327, or fill in the request form online.
A partner reads fuel gallons and margin separately from inside-store sales, because the two earn very differently.
Can You Get a Loan for a Gas Station? The Short Answer for Josephine County, OR
Yes, a loan can be requested for a gas station, and a funding partner decides. Fuel and store stock turn fast and fit inventory financing or a revolving line; coolers, dispensers and canopies fit equipment financing; a remodel fits a term loan.
How to Buy a Gas Station Business: Steps for Josephine County, OR Owners
- Get three years of tax returns, fuel volume reports and store sales by category.
- Count fuel and store inventory at closing; it is priced separately.
- Inspect the dispensers, tanks, coolers and canopy, and note their ages.
- Review the fuel supply contract, brand agreement and the lease or deed.
- Confirm transfer rules for lottery, tobacco and alcohol licenses with each agency.
Environmental reviews of underground tanks are a regulatory matter; ask the seller for tank records and confirm requirements with the state agency.
How to Get a Loan to Buy a Gas Station: The Josephine County, OR Version
When a station sale includes the land and building, that portion is real estate lending, which this site does not arrange. The business portion (inventory, equipment and goodwill) can be requested as a term loan.
Illustration only, invented figures: the business portion of a sale is $240,000: $60,000 of fuel and store inventory, $80,000 of equipment and $100,000 of goodwill. In this invented example, with $36,000 down, $204,000 financed at 10% a year over 120 months costs about $2,696 a month.
Can I Get a Loan to Buy a Grants Pass, OR Gas Station?
Whether a partner will fund the purchase depends on the station's records and the buyer. A buyer with retail or fuel experience, the seller's records in order, and clean tank history gives a partner a complete file to review.
Payroll at Josephine County, OR Stations and Stores
Station and store payroll in Josephine County, OR worked out to about $28,200 per gasoline station employee and about $28,700 per convenience store employee in 2023 (our arithmetic from CBP). 16 of the 30 convenience store employers had fewer than five employees.
A revolving business line of credit drawn for a fuel delivery and paid down as gallons sell is one way stations match funding to the fuel cycle. Equipment is covered on the equipment financing page.
Coolers, Dispensers and Canopies at a Josephine County, OR Station
Station equipment splits into what can be moved and resold (walk-in and reach-in coolers, ice machines, point-of-sale systems, car wash equipment) and what is built in (dispensers, tanks, canopies and lighting). A partner values the first group as equipment; the second may be treated as part of the site. Ask the dealer for separate quotes so each item can be financed on terms that fit it.
Fuel Deliveries and the Cash Cycle
Fuel is paid for on the supplier's terms while it sells over the following days and weeks. Card fees come out of each sale. That gap between paying for a load and selling it is the working capital question a station has to plan for.
Grocery-style stores are covered on the grocery store page, and county figures on the Grants Pass, OR business page.
By Sableleaf Lending · Updated