Gasoline Stations with Convenience Stores acquisitions in Colorado: SBA loan data
Since FY2018, SBA lenders have approved 20 7(a) loans to buy an existing business classified as Gasoline Stations with Convenience Stores in Colorado, totaling $25.5M. The median loan was $970,000. That is 1.1% of the 1,870 acquisition loans in Colorado.
- Loans, FY2018-FY2026
- 20
- Median loan
- $970,000 (middle half $609,825 to $1,439,250)
- Top lender
- Hanmi Bank (40%, 8 loans)
- FY2026 loans (latest complete year)
- 2
SBA lenders approved 20 7(a) loans to buy a business classified as Gasoline Stations with Convenience Stores in Colorado from FY2018-FY2026, with a median of $970,000 and a middle half of $609,825 to $1,439,250. Hanmi Bank made 40% of them. FY2026 had 2 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 Colorado compares
| Measure | Gasoline Stations with... | Colorado, all industries | Gasoline Stations with..., nationwide | All acquisitions |
|---|---|---|---|---|
| Median loan | $970,000 | $661,000 | $1,436,000 | $645,250 |
| Middle half of loans | $609,825 to $1,439,250 | $339,175 to $1,392,050 | $800,000 to $2,415,600 | $283,000 to $1,465,000 |
| Average initial rate | 7.39% | 7.79% | 7.36% | 7.76% |
| Median term | 25 years | 10 years | 25 years | 10 years |
| Charge-off rate (seasoned loans) | n/a | 4.1% | 0.9% | 3.5% |
| Loans in sample | 20 | 1,870 | 1,347 | 48,902 |
The median for loans to buy gas stations in Colorado is $970,000, well above the $661,000 median for all Colorado acquisitions, 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 $609,825 to $1,439,250, 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 7.39%, 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 | 0% | 30% |
| $350K to under $1M | 55% | 33% |
| $1M to under $2M | 25% | 19% |
| $2M and over | 20% | 17% |
Most loans to buy gas stations in Colorado (55%) were under $1M, and the largest single band is $350K to under $1M at 55%, against 33% of all acquisition loans.
Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.
Lender concentration
Hanmi Bank made 40% of loans to buy gas stations in Colorado, and the top three lenders together made 65%. 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 Colorado were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $3,335,000, well above the $970,000 median across all years.
Gasoline Stations with Convenience Stores acquisition loans in Colorado by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $1.4M | $1,430,000 | |
| FY2019 | 4 | $4.1M | $1,018,500 | |
| FY2020 | 3 | $2.9M | $951,000 | |
| FY2021 | 2 | $1.9M | $925,500 | |
| FY2022 | 4 | $2.5M | $646,550 | |
| FY2023 | 3 | $3.4M | $920,000 | |
| FY2024 | 1 | $2.6M | $2,621,000 | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 2 | $6.7M | $3,335,000 |
How often do these acquisition loans fail?
Fewer than 20 Gasoline Stations with Convenience Stores in Colorado 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 | Hanmi Bank | 8 | 40.0% | $7.2M | |
| 2 | Midwest Regional Bank | 3 | 15.0% | $2.3M | |
| 3 | Commonwealth Business Bank | 2 | 10.0% | $2.6M | |
| 4 | First Bank of the Lake | 1 | 5.0% | $4.2M | |
| 5 | Readycap Lending, LLC | 1 | 5.0% | $2.6M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | World Fuel Services | 6 | 30.0% | $7.4M |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
Questions buyers ask
How much do SBA loans for Gasoline Stations with Convenience Stores acquisitions in Colorado run?
The median SBA 7(a) loan was $970,000 across 20 loans (FY2018 to FY2026), with the middle half between $609,825 and $1,439,250. 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 Colorado?
Hanmi Bank (8), Midwest Regional Bank (3), Commonwealth Business Bank (2), First Bank of the Lake (1), Readycap Lending, LLC (1). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Gasoline Stations with Convenience Stores acquisition loans fail in Colorado?
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 Colorado?
11 of the 20 loans (55%) involved a franchise brand, most often World Fuel Services (6).
How much do you need down for an SBA loan to buy a gas station in Colorado?
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 Colorado was $970,000, and the middle half ran $609,825 to $1,439,250.
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 Colorado in FY2025 and FY2026.
Which banks make SBA loans for a gas station in Colorado?
By loan count, FY2018 to FY2026: Hanmi Bank (8), Midwest Regional Bank (3), Commonwealth Business Bank (2), First Bank of the Lake (1), Readycap Lending, LLC (1). Hanmi Bank made 40% of loans to buy gas stations in Colorado. Counts show past approvals only and do not predict whether a lender will approve a particular deal.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Colorado 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
- Beer, Wine, and Liquor Retailers in Colorado
- Full-Service Restaurants in Colorado
- Hotels and Motels in Colorado
- Plumbing, Heating, and Air-Conditioning Contractors in Colorado
- Limited-Service Restaurants in Colorado
- General Automotive Repair in Colorado
- All Other Specialty Trade Contractors in Colorado
- Child Care Services in Colorado
Small samples move a lot: each loan in this combination is 5% 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 Colorado: SBA acquisition loan data", https://sbaacquisitiondata.com/state/co/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/co/gasoline-stations-with-convenience-stores-457110.json.