Gasoline Stations with Convenience Stores acquisitions in Arizona: SBA loan data
Since FY2018, SBA lenders have approved 18 7(a) loans to buy an existing business classified as Gasoline Stations with Convenience Stores in Arizona, totaling $30.1M. The median loan was $1,238,500. That is 1.6% of the 1,095 acquisition loans in Arizona.
- Loans, FY2018-FY2026
- 18
- Median loan
- $1,238,500 (middle half $804,900 to $2,212,550)
- Top lender
- Celtic Bank Corporation (33%, 6 loans)
- FY2026 loans (latest complete year)
- 1
SBA lenders approved 18 7(a) loans to buy a business classified as Gasoline Stations with Convenience Stores in Arizona from FY2018-FY2026, with a median of $1,238,500 and a middle half of $804,900 to $2,212,550. Celtic Bank Corporation made 33% of them. FY2026 had 1 loans.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
How Gasoline Stations with Convenience Stores in Arizona compares
| Measure | Gasoline Stations with... | Arizona, all industries | Gasoline Stations with..., nationwide | All acquisitions |
|---|---|---|---|---|
| Median loan | $1,238,500 | $770,000 | $1,436,000 | $645,250 |
| Middle half of loans | $804,900 to $2,212,550 | $369,550 to $1,523,600 | $800,000 to $2,415,600 | $283,000 to $1,465,000 |
| Average initial rate | 6.81% | 8.06% | 7.36% | 7.76% |
| Median term | 25 years | 10 years | 25 years | 10 years |
| Charge-off rate (seasoned loans) | n/a | 3.5% | 0.9% | 3.5% |
| Loans in sample | 18 | 1,095 | 1,347 | 48,902 |
The median for loans to buy gas stations in Arizona is $1,238,500, well above the $770,000 median for all Arizona acquisitions, slightly below the $1,436,000 median for Gasoline Stations with Convenience Stores acquisitions nationwide and well above the $645,250 median for all SBA-financed acquisitions nationally.
The middle half runs $804,900 to $2,212,550, against $283,000 to $1,465,000 nationally; the median term is 25 years, longer than the national median of 10 years; the average initial rate is 6.81%, below the 7.76% national average.
Too few of these loans are old enough to measure a charge-off rate; the national rate for seasoned acquisition loans is 3.5%.
Loan size distribution
| Loan size | Gasoline Stations with... | All acquisitions |
|---|---|---|
| Under $350K | 6% | 30% |
| $350K to under $1M | 28% | 33% |
| $1M to under $2M | 28% | 19% |
| $2M and over | 39% | 17% |
Most loans to buy gas stations in Arizona (67%) were $1M or more, and the largest single band is $2M and over at 39%, against 17% of all acquisition loans.
Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.
Lender concentration
Celtic Bank Corporation made 33% of loans to buy gas stations in Arizona, and the top three lenders together made 61%. 2 of the 10 lenders involved made three or more. Only 2 lenders have repeat experience here. That is a rough guide to how many banks have seen this kind of deal before.
Recent activity
In FY2025 and FY2026 combined, 2 loans to buy gas stations in Arizona were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $1,453,500, above the $1,238,500 median across all years.
Gasoline Stations with Convenience Stores acquisition loans in Arizona by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 2 | $1.8M | $911,500 | |
| FY2020 | 8 | $9.6M | $1,121,800 | |
| FY2021 | 3 | $7.3M | $2,145,200 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 1 | $2M | $2,019,500 | |
| FY2024 | 2 | $6.4M | $3,195,500 | |
| FY2025 | 1 | $2.6M | $2,557,000 | |
| FY2026 | 1 | $350K | $350,000 |
How often do these acquisition loans fail?
Fewer than 20 Gasoline Stations with Convenience Stores in Arizona acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Celtic Bank Corporation | 6 | 33.3% | $9.1M | |
| 2 | Alerus Financial, National Association | 4 | 22.2% | $4.5M | |
| 3 | Bank of Hope | 1 | 5.6% | $4.9M | |
| 4 | Readycap Lending, LLC | 1 | 5.6% | $3.9M | |
| 5 | Accordia Bank | 1 | 5.6% | $2.6M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Jackson Food Stores | 2 | 11.1% | $2.6M | |
| 2 | AM/PM Mini-Mart | 1 | 5.6% | $4.9M | |
| 3 | Chevron | 1 | 5.6% | $2.1M | |
| 4 | Ed Staubs & Sons Petroleum (Multi-brands) | 1 | 5.6% | $350K | |
| 5 | PacWest Energy (Shell) | 1 | 5.6% | $300K |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for Gasoline Stations with Convenience Stores acquisitions in Arizona run?
The median SBA 7(a) loan was $1,238,500 across 18 loans (FY2018 to FY2026). The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Gasoline Stations with Convenience Stores acquisitions in Arizona?
Celtic Bank Corporation (6), Alerus Financial, National Association (4), Bank of Hope (1), Readycap Lending, LLC (1), Accordia Bank (1).
How often do Gasoline Stations with Convenience Stores acquisition loans fail in Arizona?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Gasoline Stations with Convenience Stores acquisitions in Arizona?
11 of the 18 loans (61%) involved a franchise brand, most often Jackson Food Stores (2).
How much do you need down for an SBA loan to buy a gas station in Arizona?
The SBA requires the buyer to make an equity injection, commonly 10% of total project cost, and a lender may ask for more. The SBA file does not record injections, so the figures here are the financed portion: the median for loans to buy gas stations in Arizona was $1,238,500, and the middle half ran $804,900 to $2,212,550.
How long does an SBA acquisition loan take?
For a change-of-ownership 7(a) loan, 45 to 90 days from application to close is typical. It varies by lender and by how quickly third-party reports, such as the business valuation and appraisal, come back. The SBA file records approval dates, not application dates, so this site cannot measure it. Lenders approved 2 loans to buy gas stations in Arizona in FY2025 and FY2026.
Which banks make SBA loans for a gas station in Arizona?
By loan count, FY2018 to FY2026: Celtic Bank Corporation (6), Alerus Financial, National Association (4), Bank of Hope (1), Readycap Lending, LLC (1), Accordia Bank (1). Celtic Bank Corporation made 33% of loans to buy gas stations in Arizona. Counts show past approvals only and do not predict whether a lender will approve a particular deal.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Arizona acquisitions
- Financing one? How to get an SBA loan to buy a gas station
- Gasoline Stations with Convenience Stores nationally
- Gasoline Stations with Convenience Stores in Texas
- Gasoline Stations with Convenience Stores in California
- Gasoline Stations with Convenience Stores in Washington
- Gasoline Stations with Convenience Stores in Illinois
- Gasoline Stations with Convenience Stores in Wisconsin
- Gasoline Stations with Convenience Stores in Georgia
- Gasoline Stations with Convenience Stores in Minnesota
- Gasoline Stations with Convenience Stores in Oregon
- Full-Service Restaurants in Arizona
- General Automotive Repair in Arizona
- Assisted Living Facilities for the Elderly in Arizona
- Limited-Service Restaurants in Arizona
- Plumbing, Heating, and Air-Conditioning Contractors in Arizona
- Landscaping Services in Arizona
- Hotels and Motels in Arizona
- All Other Specialty Trade Contractors in Arizona
Small samples move a lot: each loan in this combination is 6% of the count. Industry is the NAICS code the lender recorded. See the methodology.
Cite this data
SBA Acquisition Data, "Gasoline Stations with Convenience Stores in Arizona: SBA acquisition loan data", https://sbaacquisitiondata.com/state/az/gasoline-stations-with-convenience-stores-457110 (data as of September 30, 2026). Source: U.S. Small Business Administration 7(a) loan file, data.sba.gov. Aggregated by SBA Acquisition Data.
The figures on this page are also published as JSON at https://sbaacquisitiondata.com/data/state/az/gasoline-stations-with-convenience-stores-457110.json.