Gasoline Stations with Convenience Stores acquisitions in Massachusetts: SBA loan data

How Gasoline Stations with Convenience Stores in Massachusetts compares

The median for loans to buy gas stations in Massachusetts is $588,250, well above the $410,000 median for all Massachusetts acquisitions, well below the $1,436,000 median for Gasoline Stations with Convenience Stores acquisitions nationwide and slightly below the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $422,000 to $1,172,775, against $283,000 to $1,465,000 nationally; the median term is 10 years, the same as the national median; the average initial rate is 6.68%, 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

Most loans to buy gas stations in Massachusetts (70%) were under $1M, and the largest single band is $350K to under $1M at 50%, against 33% of all acquisition loans.

Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.

Lender concentration

Rockland Trust Company made 60% of loans to buy gas stations in Massachusetts, and the top three lenders together made 80%. 1 of the 5 lenders involved made three or more. Only 1 lender has 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, 4 loans to buy gas stations in Massachusetts were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $632,500, slightly above the $588,250 median across all years.

Gasoline Stations with Convenience Stores acquisition loans in Massachusetts by year

How often do these acquisition loans fail?

Fewer than 20 Gasoline Stations with Convenience Stores in Massachusetts 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.

Related

• All Massachusetts 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 Massachusetts
• Beer, Wine, and Liquor Retailers in Massachusetts
• Limited-Service Restaurants in Massachusetts
• General Automotive Repair in Massachusetts
• Home Health Care Services in Massachusetts
• Landscaping Services in Massachusetts
• Beauty Salons in Massachusetts
• Fitness and Recreational Sports Centers in Massachusetts

Small samples move a lot: each loan in this combination is 10% of the count. Industry is the NAICS code the lender recorded. See the methodology.