Which has more SBA loans, Citgo Service Station or Exxon?

Citgo Service Station has 111 SBA 7(a) historical approvals; Exxon has 170. Exxon has the deeper public lender track record, which generally translates into faster pre-qualification and broader lender familiarity.

What is the default rate for Citgo Service Station vs Exxon SBA loans?

Citgo Service Station's SBA default rate is 13.5%, versus 6.5% for Exxon. Exxon has the cleaner loss profile, which capital sources weigh when pricing the next deal in the brand.

When did Citgo Service Station and Exxon peak in SBA lending volume?

Citgo Service Station's SBA approval peak was 2008 with 9 loans; Exxon's peak was 1994 with 15. A more recent peak (currently Citgo Service Station) generally indicates fresher lender appetite and easier financing today.

Which states have the most Citgo Service Station and Exxon SBA loans?

Citgo Service Station leads in IL with 25 SBA-funded units; Exxon leads in TX with 61. The brand that matches your operating state typically closes faster because local lenders already know the unit economics.

Side by Side Comparison

Citgo Service Station vs Exxon

Q: Which is a better franchise investment, Citgo Service Station or Exxon?

Citgo Service Station vs Exxon: compare initial investment, royalty rate, unit count, SBA lending history, default rate, and PeerSense FPI score side by side. The right answer depends on your capital, target market, and risk tolerance, not on which brand ranks higher in a list.

Q: How much does a Citgo Service Station franchise cost compared to Exxon?

Citgo Service Station requires a total initial investment of $141K to $1.3M while Exxon requires $65K to $1.4M. Exxon has the lower minimum capital commitment. Franchise fee, royalty percentage, and advertising fees vary independently, see the comparison table below for the full FDD breakdown.

Quick Answer

Citgo Service Station vs Exxon: Citgo Service Station costs $141K to $1.3M to open; Exxon costs $65K to $1.4M. Citgo Service Station has 111 units, Exxon has 204. SBA loan history: Citgo Service Station = 111 loans (13.5% default); Exxon = 170 loans (6.5% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.

Citgo Service Station vs Exxon: Capital, Scale & Lending Analysis

Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.

Capital Intensity

Exxon requires the lower minimum capital commitment ($65K vs $141K for Citgo Service Station), a 117% spread. Initial franchise fees come in at $25K for Citgo Service Station versus $50K for Exxon, Citgo Service Station has the lower entry fee.

System Scale & Tenure

On scale, Exxon operates 204 units to Citgo Service Station's 111. Citgo Service Station has been operating 61 years (founded 1965) versus 18 for Exxon (founded 2008), a 43-year tenure gap that affects unit-economics maturity and FDD revision history.

SBA Lending Profile

Exxon has the deeper SBA lending track record, with 170 7(a) approvals compared with 111 for Citgo Service Station. Citgo Service Station's peak SBA year was 2008 (9 loans); Exxon's peak was 1994 (15 loans). Citgo Service Station's more recent peak generally indicates fresher lender appetite. Citgo Service Station has the most SBA funded units in IL, with 25. Exxon leads in TX, with 61. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Citgo Service Station deals is $626K vs $661K for Exxon, useful as a sizing anchor when modeling your own unit.

Risk Signal

SBA default rates are 13.5% for Citgo Service Station and 6.5% for Exxon, Exxon has the cleaner SBA loss record by 7.0 points. PeerSense FPI scores come in at 28 (Fair) for Citgo Service Station and 42 (Fair) for Exxon, giving Exxon the stronger composite signal across SBA performance, lender appetite, and operational consistency.

Citgo Service Station

Gasoline Stations with Convenience Stores

Exxon

Gasoline Stations with Convenience Stores

42 6W

Health & Performance

FPI Score	28/100	42/100
Health Tier	Limited	Fair
Confidence	N/A	N/A
Lending Trend	Declining	Declining

SBA Lending

SBA Loans	111	170
SBA Volume	–	–
Default Rate	13.5%	6.5%
Peer Tier	major	major

Investment & Costs

Total Investment	$141K to $1.3M	$65K to $1.4M
Franchise Fee	$25K	$50K
Royalty Rate	N/A	N/A
Ad Fund	N/A	N/A
Liquid Capital	N/A	N/A
Net Worth Required	N/A	N/A

Financial Performance (Item 19)

Item 19 Status

Not Disclosed

System Size & Operations

Total Units	111	204
Franchised Units	111	204
Company Owned	–	–
Term Length	N/A	N/A

Brand Information

Year Founded	1965	2008
Franchising Since	N/A	N/A
Years Franchising	N/A	N/A
Headquarters	Chicago, IL	HOUSTON, TX
Category	Gasoline Stations with Convenience Stores	Gasoline Stations with Convenience Stores
Website	citgo.com/business-partners/become-citgo-marketerdealer	exxon.ae
FDD Year	N/A	N/A

Which Is Better, Citgo Service Station or Exxon?

Lower upfront capital required

Tie

Citgo Service Station: $141K starting · Exxon: $65K starting

More SBA lender confidence

Exxon

Citgo Service Station: 111 SBA loans · Exxon: 170 SBA loans

Lower SBA default rate

Exxon

Citgo Service Station: 13.5% · Exxon: 6.5%

Larger system & brand presence

Tie

Citgo Service Station: 111 units · Exxon: 204 units

More lender financing options

Exxon

Citgo Service Station: 64 unique lenders · Exxon: 86 unique lenders

Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.

Franchise Financing

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About These Franchises

Citgo Service Station

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Citgo Service Station vs Exxon: Franchise Funding Comparison

Comparing Citgo Service Station and Exxon is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $65K to $1.4M.

Citgo Service Station has 111 SBA loans on record and Exxon has 170. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.

SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.

Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.

SBA Loan Guide Franchise Funding Options Best SBA Franchise Lenders All Franchises Talk to PeerSense

Citgo Service Station vs Exxon, Frequently Asked Questions

Which is a better franchise investment, Citgo Service Station or Exxon?

Compare Citgo Service Station vs Exxon franchise costs, FDD data, royalty rates, unit counts, and SBA lending history side by side above. The best franchise depends on your capital, market, and risk tolerance, not a single ranking. Use the decision matrix above to see which brand wins on each financing dimension.

How much does a Citgo Service Station franchise cost compared to Exxon?

Citgo Service Station requires $141K to $1.3M in total initial investment with a $25K franchise fee. Exxon requires $65K to $1.4M with a $50K franchise fee. All numbers come from official Franchise Disclosure Document filings.

Can I finance Citgo Service Station or Exxon with an SBA loan?

Both brands appear on the SBA Franchise Directory and have funded SBA 7(a) loans: Citgo Service Station has 111 SBA loans on record; Exxon has 170. SBA 7(a) is the most common franchise financing vehicle, offering up to $5M with 10% down. PeerSense routes your deal to lenders who have already approved the brand.

Which has a lower SBA default rate, Citgo Service Station or Exxon?

Citgo Service Station: 13.5% SBA default rate. Exxon: 6.5% SBA default rate. Lower default rates mean lenders quote tighter rates and underwrite faster.

Compare Citgo Service Station to other franchises Compare Exxon to other franchises Browse all Gasoline Stations with Convenience Stores franchises

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Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
Edward L. Freeman founded PeerSense in January 2020.
He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed October 2, 2026LinkedIn profile About Edward Freeman