FranchiseRanked

Race Trac

Convenience & GasSBA loans FY2021–FY2023

5

SBA Loans

$3.9M

Total Financed

$777K

Avg Loan Size

—

YoY Loan Growth

How Race Trac Compares

  • Ranks #65 of 265 Convenience & Gas brands by SBA loan count (#1,423 of 3,543 overall).
  • Its average loan of $777K is 41% below the Convenience & Gas median of $1.3M.
  • With only 5 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20212$2.3M
FY20222$991K
FY20231$575K

FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Race Trac Is Getting SBA-Financed

Texas2 loans · $2.3MFlorida2 loans · $1.2MGeorgia1 loan · $350K

Recent SBA-Financed Race Trac Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

Sunora 88 IncorporatedFORT MYERS, FL
$575,0002023-07-11
YARO 88 INCORPORATEDBONITA SPRINGS, FL
$641,0002021-12-27
Vistaz Enterprises LLCHOSCHTON, GA
$350,0002021-11-10
Feroz & Sons Inc.IRVING, TX
$1,489,0002021-09-22
Three Peaks CorpGREENVILLE, TX
$830,0002021-08-26

Frequently Asked Questions

Is Race Trac growing or shrinking?

Race Trac doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #65 of 265 Convenience & Gas brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Race Trac franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $777K (41% below the typical Convenience & Gas brand's $1.3M) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Race Trac?

Race Trac only has 5 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.

Explore More

More Convenience & Gas brands Most financed franchises

Top SBA Lenders

  • Central Bank4
  • Readycap Lending, LLC1
Planning to finance a convenience & gas purchase?

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Source: SBA 7(a) FOIA loan dataset. View dataset