Jones Petroleum Company
Franchising since 1968 · 18 locations
The total investment to open a Jones Petroleum Company franchise ranges from $489,200 - $1.6M. Jones Petroleum Company currently operates 18 locations (18 franchised). The top SBA 7(a) lenders for Jones Petroleum Company are HomeTrust Bank, Old National Bank and Citizens Bank. PeerSense FPI health score: 50/100.
$489,200 - $1.6M
18
18 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Jones Petroleum Company financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Growing (10-24 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 23 loans charged off
SBA Loans
23
Total Volume
$23.6M
Active Lenders
13
States
2
Top SBA Lenders for Jones Petroleum Company
What is the Jones Petroleum Company franchise?
Navigating the complex landscape of franchise investments requires meticulous due diligence, a process often fraught with the fear of misallocating significant capital into an unproven or misaligned opportunity. For entrepreneurs eyeing the resilient and expansive "Gasoline Stations with Convenience Stores" industry, understanding the true operational model and investment proposition of a brand like Jones Petroleum Company is paramount to mitigating risk and maximizing potential returns. Founded in 1968 by William "Bill" Jones with the strategic acquisition of a single convenience store, Jones Petroleum Company has evolved into a formidable, diversified entity, though another source cites a founding year of 1969, highlighting a slight historical ambiguity. The company's principal headquarters is firmly established in Jackson, Georgia, despite one mention of a Gainesville, Georgia address for Jones Petroleum Co, Inc. Under the leadership of Bill Jones, who also serves as CEO of JP Capital & Insurance, Inc., Jones Petroleum has grown into a multi-state family of companies, boasting multiple lines of business that collectively form the broader "Jones Group of companies." This extensive group includes Jones Oil Company, which was founded by Earl Jones in 1972, and Jones Petroleum Services, with Earl Jones serving as President for the entire Jones Group. Key operational leaders further include Natalie Jones, the Vice President of Retail Operations, and Ken Johnson, the Director of C-Store Operations, alongside Jeremy Crosby, who leads JPC Construction, a subsidiary integral to the company's development efforts. As of June 2025, Jones Petroleum operates an impressive 80 locations spanning Georgia, South Carolina, and Alabama, comprising "well over 50 convenience store locations" and "over 50 fast food locations," the latter typically being franchised quick-service restaurants integrated within their properties, all while employing over 1,000 individuals. The company's operational scope is entirely within the United States, further reinforced by Jones Oil Company's five-state delivery network, yet the PeerSense database indicates a distinct "Jones Petroleum Company" with 21 total units, 18 of which are franchised units and 0 company-owned units, presenting a nuanced picture for potential franchise investors. The total addressable market (TAM) for the "Gasoline Stations with Convenience Stores" industry stands at an impressive $656 billion, underscoring the significant economic footprint of this sector and why a brand with Jones Petroleum Company's scale and operational depth warrants close examination for those seeking a robust franchise opportunity.
The "Gasoline Stations with Convenience Stores" industry represents a substantial and dynamic market, with a total addressable market (TAM) of approximately $656 billion and an estimated compound annual growth rate (CAGR) of 3.2%, signaling consistent expansion and enduring consumer demand. Specifically within the U.S., the market size reached $522.3 billion in 2025, with a slight projection to $520.3 billion in 2026, reflecting minor annual fluctuations of -0.3% in 2025 and -0.4% in 2026. On a global scale, the gasoline stations market was valued at $2.7 trillion in 2025, anticipated to grow to $2.8 trillion in 2026 at a CAGR of 3.8%, and further expand to $3.35 trillion by 2030 at a CAGR of 4.6%, demonstrating robust international growth. Key growth drivers fueling this industry include the sustained increase in vehicle usage, a growing consumer preference for convenient access to everyday items, and the strategic expansion of hybrid retail models that seamlessly integrate advanced operations within gasoline station premises. Technological advancements, particularly in payment systems and loyalty programs, alongside the inherent advantage of strategic location, further contribute to market buoyancy. The rising global demand for vehicle fuel directly underpins the continuous growth of the gasoline station market, ensuring a foundational revenue stream. Consumer trends significantly shaping the industry landscape include the burgeoning growth of convenience retail at fuel stations, an increasing demand for premium and additive-enriched fuels, and the widespread adoption of loyalty programs and digital payment solutions to enhance customer experience. The expansion of Compressed Natural Gas (CNG) and other alternative fuel offerings reflects an industry adapting to evolving energy landscapes, while enhanced safety and compliance measures at stations address consumer concerns and regulatory requirements. While gasoline sales remain a core component, profit margins on fuel itself can be as low as 1%, critically highlighting the indispensable role of non-fuel sales and comprehensive convenience store offerings in achieving overall profitability and attracting franchise investment. The competitive dynamics within this sector are characterized by a mix of large corporate chains and independent operators, creating both consolidation opportunities and niche market potential for brands like Jones Petroleum Company.
For investors considering the Jones Petroleum Company franchise opportunity, the financial commitment is a critical factor, though the nature of the offering requires careful interpretation of available data. Based on comprehensive web research, Jones Petroleum Company, as the operator of its own branded convenience stores and travel centers, does not appear to offer a direct franchise opportunity for these specific retail concepts. Instead, it develops and manages its own extensive network of locations, often integrating other franchised quick-service restaurants (QSRs) within its properties. However, independent franchise database data for "Jones Petroleum Company" explicitly indicates the existence of 18 franchised units out of a total of 21 units, with an initial investment range spanning from $489,200 to $1.55 million. This suggests that while the core convenience store *brand* might not be directly franchised, there could be a distinct or historical franchise offering under the broader Jones Petroleum Company umbrella, perhaps related to fuel distribution, specific site types, or a closely associated entity within the "Jones Group of companies" as the broader entity is described as a multi-state family of companies. The specified investment range of $489,200 to $1.55 million positions this as a significant, mid-to-premium tier investment within the retail and fuel sector, reflecting the substantial capital required for developing or acquiring the types of extensive facilities Jones Petroleum Company is known for. The web research details large-scale projects such as an 86,274-square-foot commercial travel center in Newton County, Georgia, and a 30,000-square-foot travel center in Midway, Georgia, both of which would align with the higher end of this investment spectrum due to their comprehensive amenities including convenience stores, multiple restaurants, truck fueling, parking, tire centers, and even hotels. While general industry averages for QSR initial fees typically range between $20,000 and $50,000 with royalties from 4% to 8% of gross sales, these figures are not directly applicable to a "Jones Petroleum Company" franchise given the specific findings that such an offering for its branded C-stores was not found. Furthermore, the Franchise Disclosure Document (FDD) for a related entity, "John E. Jones Oil Co. Inc. (Ce," explicitly states that it "does not include financial performance representations," further emphasizing the need for direct inquiry regarding any existing "Jones Petroleum Company" franchise opportunity. The absence of publicly available data for franchise fees, royalty rates, advertising funds, liquid capital, or net worth requirements for the Jones Petroleum Company franchise specifically underscores the importance of direct engagement with the franchisor for any disclosed opportunity. The company's backing as a diversified "family of companies" implies substantial corporate resources and infrastructure, which could provide robust support for any legitimate franchise operations, potentially making it eligible for Small Business Administration (SBA) financing, although specific eligibility or veteran incentives are not detailed.
While specific operating models and support structures for a direct "Jones Petroleum Company franchise" are not detailed in the web research, the extensive internal operations of Jones Petroleum Company's owned convenience stores and travel centers provide valuable insight into the high standards and comprehensive support infrastructure that would likely underpin any franchised units. The company's Convenience Store Managers, operating under its subsidiary Convenience Stores Inc., are entrusted with a broad range of responsibilities that encapsulate the daily operational requirements of a high-volume retail environment. These managers are accountable for overseeing daily operations, ensuring exceptional customer service, managing merchandising strategies, supervising foodservice operations, and handling all aspects of employee staffing, development, and relations. A primary objective for these managers is to ensure consistent and high-quality customer experiences while actively cultivating a positive store culture, reflecting a corporate emphasis on service excellence. The role demands individuals with previous people management experience, who are self-motivated, dependable, and capable of navigating the dynamic demands of a fast-paced environment, including working weekends, holidays, and varying shifts, all while maintaining an unwavering customer focus. Jones Petroleum Company explicitly emphasizes treating all team members with dignity and respect, fostering a professional and supportive work environment. For qualified applicants within its corporate structure, the company offers a competitive starting wage, a 401(k) retirement plan, comprehensive medical, dental, and supplemental insurance benefits, paid time off, and weekly pay, indicating a commitment to employee welfare that would likely translate into best practices for franchisee employee management. Furthermore, Jones Petroleum Services, a integral part of the broader Jones family of companies, provides "expert-driven consultation" and "unmatched business support" specifically for fuel supply and transportation services, leveraging "highly educated and certified representatives" in specialized fields. This internal capability demonstrates a robust organizational capacity for technical and logistical support, which would be a significant asset to any franchised operation. The company's flagship JP Travel Center in Jackson, Georgia, exemplifies an upscale, modern retail concept, described as "the blue Panera," featuring attractive restrooms, free Wi-Fi, and a diverse array of offerings, including integrated QSRs, proprietary coffee ("Red Bug Coffee Co."), fountain drinks ("Refresh"), and a "Georgia Grown" section. This focus on creating a comfortable and appealing environment for customers suggests that operational priorities for any potential franchisee would heavily involve maintaining high aesthetic and service standards.
For investors evaluating the Jones Petroleum Company franchise opportunity, it is critical to note that Item 19 financial performance data, which typically provides average revenue, median revenue, and profit margins, is not disclosed in the current Franchise Disclosure Document. This absence necessitates a reliance on broader industry benchmarks and the company's overall financial health and growth trajectory to infer potential unit-level performance. Specific average revenue per unit, median revenue, or profit margins for Jones Petroleum Company's convenience stores or travel centers were not publicly disclosed in the comprehensive web research. However, conflicting figures regarding overall company revenue are available: one source from November 2025 estimates Jones Petroleum Co.'s annual revenue at $12.6 million, while another source estimates its annual revenue at a substantially higher $61.9 million per year, with an estimated revenue per employee of $249,700. These discrepancies highlight the challenges in assessing a privately held, diversified company's financial scope without direct disclosures. Despite the lack of specific unit-level financial performance data, the company's substantial growth trajectory and active expansion plans provide strong signals regarding the underlying profitability and demand for its operations. Jones Petroleum Company's evolution from a single convenience store in 1968/69 to 80 locations by June 2025 across Georgia, South Carolina, and Alabama, alongside the development of "well over 50 convenience store locations" and "over 50 fast food locations," indicates a robust and expanding business model. The strategic investments in large-scale commercial travel centers, such as the 86,274-square-foot project in Newton County and the 30,000-square-foot facility in Midway, with expected completion dates extending into December 2026, suggest confidence in significant future revenue generation per unit. The "Gasoline Stations with Convenience Stores" industry, with a total addressable market of $656 billion, thrives on diverse revenue streams beyond fuel sales, as profit margins on gasoline can be as low as 1%. This emphasizes the critical importance of the convenience store offerings, integrated quick-service restaurants, and specialized amenities (like truck services, proprietary coffee, and local product sections) in driving profitability. The company's ability to consistently expand its footprint and diversify its offerings implies a successful strategy for capturing these higher-margin sales and achieving favorable unit economics, even in the absence of explicit Item 19 disclosures for any franchised operations.
Jones Petroleum Company has demonstrated a clear and aggressive growth trajectory, evolving from a single convenience store in 1968 or 1969 to an expansive network of 80 locations across Georgia, South Carolina, and Alabama by June 2025. This significant organic expansion includes "well over 50 convenience store locations" and "over 50 fast food locations," with more actively in development. The broader Jones Group of companies, including Jones Oil Company, further extends its reach with a five-state delivery network, indicating a robust logistical and operational infrastructure. While the franchise data indicates 21 total units with 18 franchised units for "Jones Petroleum Company," suggesting a niche or specialized franchise component, the overwhelming majority of the company's growth stems from its corporate-owned and managed network. Recent corporate developments underscore this commitment to expansion and innovation. In June 2025, Jones Petroleum, through its subsidiary JPC & Design Construction LLC, was actively pursuing the development of a substantial 86,274-square-foot commercial travel center in Newton County, Georgia, projected for completion by December 2026. This ambitious project is designed to include a full-service convenience store, extensive truck fueling and parking facilities, multiple restaurants with drive-thrus, a dedicated tire center, a hotel, and additional lots earmarked for future development, positioning it as a comprehensive roadside destination. Concurrently, the company is planning a major travel center in Midway, Georgia, anticipated to break ground in July 2025. This Midway location is projected to be approximately 30,000 square feet and will feature popular quick-service restaurants like Taco Bell and Dunkin Donuts, alongside 40 pumps for vehicle traffic and specialized diesel pumps for semi-trucks, complemented by an adjacent 29,000-square-foot commercial tire center operated by Southern Tire Mart. These large-scale projects demonstrate a strategic focus on high-traffic locations and diversified revenue streams. A significant competitive moat for Jones Petroleum Company is its integrated approach, combining fuel wholesale distribution (representing major brands like BP, Chevron, Marathon, Valero, and Shell) with a robust retail operation that includes its own convenience stores and strategic partnerships with franchised QSRs. The launch of its 23,000-square-foot JP Travel Center in Jackson, Georgia, in November 2019, showcased proprietary brands such as the "Refresh" fountain concept and "Red Bug Coffee Co." coffee brand, alongside unique offerings like a "Georgia Grown" section and a "Chocolate Moonshine" fudge counter, enhancing customer loyalty and differentiation. Furthermore, amenities specifically tailored for truckers, including spacious shower rooms, laundry facilities, a lounge area, and a dog park (catering to the estimated 60% of truck drivers who travel with pets), demonstrate a keen understanding of diverse customer needs. Acquisitions within the broader Jones Group, such as Jones Oil Company's acquisition of R.L. Miracle Distributing in Pineville, Kentucky, in 2010, and later Miners Oil Company of Virginia and Dixie Gas & Oil Corporation's Richmond business unit, highlight a strategy of consolidating market share and expanding logistical capabilities. The company adapts to market conditions through hybrid models that integrate advanced retail operations, a strong focus on customer service, and the continuous development of new, amenity-rich travel centers.
Identifying the ideal franchisee for a Jones Petroleum Company franchise requires extrapolating from the company's established operational excellence and its extensive corporate structure, given the nuanced nature of its franchise offering. While the web research indicates that Jones Petroleum Company itself does not appear to offer a direct franchise opportunity for its own branded convenience stores or travel centers, the existence of 18 franchised units within the broader "Jones Petroleum Company" data suggests a specific type of franchise relationship may be available, perhaps for a specialized component or a closely related entity. Therefore, the ideal candidate would likely possess significant previous people management experience, demonstrated by a proven track record in leading teams within a fast-paced retail or service environment. A strong entrepreneurial drive, coupled with self-motivation and unwavering dependability, would be crucial for managing daily operations, overseeing merchandising, handling foodservice, and ensuring optimal employee staffing and development. The demanding nature of the "Gasoline Stations with Convenience Stores" industry, which often requires working weekends, holidays, and varying shifts, necessitates a candidate with exceptional resilience and a steadfast commitment to customer service. Given the company's multi-state family of companies structure and its operation of 80 locations, there would likely be an expectation or requirement for multi-unit development from successful franchisees, indicating a preference for sophisticated operators capable of scaling their investment. The geographic focus of Jones Petroleum Company's operations is primarily within Georgia, South Carolina, and Alabama, with Jones Oil Company boasting a five-state delivery network, suggesting that any available territories for franchised units would likely be concentrated within or strategically adjacent to these core operational states. The company's active expansion plans in Georgia, particularly for large travel centers in Newton County and Midway, further highlight key markets where development could be prioritized. There is no specific timeline from signing to opening, nor are there details regarding franchise agreement term length, renewal terms, or considerations for transfer and resale, which would be critical points of inquiry for any serious investor. The comprehensive nature of Jones Petroleum Company's operations, including fuel distribution, retail management, and construction, suggests that a franchisee might benefit from, or even be required to engage with, a broad spectrum of business functions within the larger "Jones Group of companies."
For a discerning investor seeking to capitalize on the robust "Gasoline Stations with Convenience Stores" industry, Jones Petroleum Company presents a unique and compelling opportunity that warrants serious due diligence. This diversified entity, with its roots tracing back to a single convenience store acquisition in 1968 or 1969 by William "Bill" Jones, has grown into a formidable multi-state family of companies, operating 80 locations across Georgia, South Carolina, and Alabama by June 2025. While web research indicates that Jones Petroleum Company does not appear to offer a direct franchise opportunity for its own branded convenience stores or travel centers, the independent PeerSense database identifies "Jones Petroleum Company" as having 21 total units, with a significant 18 of these being franchised units. This suggests a potential, albeit specialized or historical, franchise offering under the broader Jones Petroleum Company umbrella, distinct from its core branded retail operations. The initial investment range for this opportunity, from $489,200 to $1.55 million, positions it as a substantial commitment, likely geared towards significant commercial operations rather than
FPI Score
50/100
SBA Default Rate
0.0%
Active Lenders
13
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Jones Petroleum Company based on SBA lending data
SBA Default Rate
0.0%
0 of 23 loans charged off
SBA Loan Volume
23 loans
Across 13 lenders
Lender Diversity
13 lenders
Avg 1.8 loans per lender
Investment Tier
Premium investment
$489,200 – $1,553,440 total
Jones Petroleum Company — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2019
7 approvals — best year on record for Jones Petroleum Company.
Top SBA State
Georgia
22 SBA-financed Jones Petroleum Company locations — the densest operator footprint.
Average Loan Size
$1.0M
Median $1.0M — use as a sizing anchor when modeling your own $Jones Petroleum Company unit.
Lender Concentration
43.5%
Concentrated
Share of Jones Petroleum Company approvals captured by the top 3 SBA lenders.
Jones Petroleum Company's SBA lending pipeline peaked in 2019 (7 approvals). The last five fiscal years account for 52% of cumulative volume ($12M approved). Operator density is highest in Georgia with 22 SBA-financed locations. Average funded ticket sits at $1.0M, with the median at $1.0M. Lender mix is concentrated: the top three SBA lenders account for 43.5% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,064
Principal & Interest only
Locations
Jones Petroleum Company — unit breakdown
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