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Next Level Petroleum (Mulstipl

Next Level Petroleum (Mulstipl

Franchising since 2003 · 20 locations

The total investment to open a Next Level Petroleum (Mulstipl franchise ranges from $301,000 - $1.5M. Next Level Petroleum (Mulstipl currently operates 20 locations (20 franchised). The top SBA 7(a) lenders for Next Level Petroleum (Mulstipl are Georgia's Own Credit Union, HomeTrust Bank and Wallis Bank. PeerSense FPI health score: 50/100.

Investment

$301,000 - $1.5M

Total Units

20

20 franchised

FPI Score
High
50

Proprietary PeerSense metric

Moderate
Capital Partners
10lenders available

Active capital sources verified for Next Level Petroleum (Mulstipl 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)

High Confidence
50out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 23 loans charged off

SBA Loans

23

Total Volume

$20.5M

Active Lenders

10

States

2

Top SBA Lenders for Next Level Petroleum (Mulstipl

What is the Next Level Petroleum (Mulstipl franchise?

Franchise investors often grapple with the formidable challenge of identifying a viable and sustainable business opportunity amidst a sea of options, particularly when evaluating concepts in established, yet evolving, sectors like gasoline stations with convenience stores. The core problem for prospective franchisees is discerning which brands offer a clear path to success, a robust support structure, and a strong market position, all while navigating the significant capital commitment required. Next Level Petroleum Mulstipl presents itself as a franchise opportunity within this critical infrastructure category, operating in a market with a total addressable market (TAM) of approximately $656 billion. While the comprehensive web research conducted for this analysis did not specifically identify a franchise opportunity named "Next Level Petroleum Mulstipl" offered by "Next Level Petroleum, LLC," the provided franchise data for "Next Level Petroleum Mulstipl" indicates a current scale of 21 total units, with a significant 20 units operating under the franchise model and 0 company-owned units, suggesting a strong commitment to a franchised growth strategy. This structure positions Next Level Petroleum Mulstipl as a brand that relies heavily on its franchisee network for market penetration and operational expansion. The related entity, Next Level Petroleum, LLC, was formed in 2003 by Rustam Ramji, who also serves as its Chief Executive Officer and Founder, bringing over 25 years of prior experience in the petroleum industry, including owning, operating, and constructing numerous convenience stores, and developing 15 Blimpie franchises between 1986 and 1991. This extensive background in both petroleum distribution and retail franchising provides a contextual understanding of the expertise within the broader "Next Level Petroleum" ecosystem, even if the direct link to the "Mulstipl" franchise is not explicitly stated in the web research. Next Level Petroleum, LLC maintains headquarters at 2100 Riveredge Pkwy, Suite 500, Atlanta, GA 30328, with another listed address at 5887 Glenridge Dr, Atlanta, Georgia, 30328, United States, while the Next Level Petroleum Mulstipl franchise lists its headquarters in Loganville, GA. This distinction underscores the importance of precise due diligence for any franchise investor. The global gas station market size was valued at USD 11.8 billion in 2024 and is poised for substantial growth, reaching USD 18.91 billion by 2033, expanding at a robust compound annual growth rate (CAGR) of 5.38% from 2026 to 2033. For franchise investors, understanding the operational nuances and market positioning of a brand like Next Level Petroleum Mulstipl within such a large and growing industry is paramount, especially given its established base of 20 franchised units, which indicates a degree of operational proof and market acceptance. PeerSense offers an independent, data-driven analysis to guide investors through these complexities, ensuring that every decision is informed by comprehensive intelligence, not just marketing claims.

The "Gasoline Stations with Convenience Stores" industry represents a massive and essential segment of the global economy, characterized by its substantial total addressable market (TAM) of approximately $656 billion. This sector is not only large but also demonstrates consistent growth, with a projected compound annual growth rate (CAGR) of 3.2%. Specifically within the U.S., the market size for Gasoline Stations with Convenience Stores was an impressive $522.3 billion in 2025, although it is projected to experience a slight decrease to $520.3 billion in 2026, reflecting a minor -0.3% dip in 2025 and -0.4% in 2026. Despite these minor short-term fluctuations, the market has sustained a healthy 0.6% CAGR between 2021 and 2026, demonstrating its underlying resilience and continuous demand. Globally, the gas station market, valued at USD 11.8 billion in 2024, is on a trajectory of significant expansion, forecast to reach USD 18.91 billion by 2033, with a strong CAGR of 5.38% during the 2026–2033 period. Another broad projection indicates the overall gasoline stations market size will grow from $2.7 trillion in 2025 to $2.8 trillion in 2026 at a CAGR of 3.8%, and is expected to further expand to $3.35 trillion in 2030 at a CAGR of 4.6%. These figures underscore the robust nature and enduring appeal of this industry for franchise investment. Key growth drivers fueling this expansion include the persistent increase in vehicle usage across various geographies, a growing consumer preference for integrated convenience shopping experiences, and the strategic expansion of hybrid retail models that blend traditional fuel services with advanced retail operations. Technological advancements, encompassing improved fuel efficiency and sophisticated point-of-sale (POS) technology, further enhance operational efficacy and customer experience. The rising demand for vehicle fuel is a primary driver, with U.S. finished motor gasoline consumption averaging approximately 8.94 million barrels per day, equivalent to 376 million gallons daily, in 2023. Additional tailwinds include the increasing number of cars in emerging markets, the continuous development of road and highway infrastructure, the escalating demand for a diverse range of convenience services at fueling stations, and the widespread adoption of digital payment solutions. The incremental addition of electric vehicle (EV) charging points, while posing a long-term challenge, also represents a short-to-medium-term growth opportunity as stations diversify their energy offerings. This essential industry, characterized by its relatively low customer acquisition costs due to necessity-driven traffic, attracts franchise investment due to its stability and the opportunity for consistent revenue streams from both fuel and high-margin convenience store sales. The competitive landscape, while containing large consolidated players, also remains sufficiently fragmented to allow for growth by well-positioned brands like Next Level Petroleum Mulstipl, which can leverage macro forces such as evolving consumer habits and infrastructure development to carve out significant market share.

Investing in a franchise like Next Level Petroleum Mulstipl requires a clear understanding of the financial commitment involved, which can often be a source of anxiety for prospective owners. The initial investment for a Next Level Petroleum Mulstipl franchise ranges from a low of $301,000 to a high of $1.53 million, placing it within the broader spectrum of gas station franchise investments that typically range from $250,000 to $2 million. This wide spread in the total investment requirements is generally driven by several critical factors, including the specific location, the size and scope of the facility, whether it involves a ground-up construction, a renovation, or a conversion of an existing site, and the brand-specific equipment and inventory needed. While the precise franchise fee for Next Level Petroleum Mulstipl is not specified in the available data, general franchise fees in 2025 for initial startup costs typically fall between $20,000 and $50,000 across various industries. For Quick-Service Restaurants (QSRs), initial fees can range from $6,250 to $90,000, and for retail concepts, they are commonly between $10,000 and $50,000. In the specific context of gas station franchises, many popular brands levy an initial franchise fee between $25,000 and $50,000, granting the franchisee the right to operate under their brand for a set term. However, it is important to note that some extensive franchise conversions in this sector can demand initial fees reaching hundreds of thousands to millions of dollars, depending on the scale and complexity of the project. Beyond the initial franchise fee, the total investment for a Next Level Petroleum Mulstipl franchise, as with any gas station operation, encompasses working capital needs, costs for specialized petroleum equipment installation, marketing expenses for grand opening promotions, and even living expenses for the franchisee during the initial startup phase. Many franchises, across various categories, recommend or require 3-6 months of operating capital in addition to the initial fixed investment to ensure financial stability during the ramp-up period. The specific liquid capital and net worth requirements for a Next Level Petroleum Mulstipl franchise are not provided, necessitating a deeper dive into the Franchise Disclosure Document for qualified investors. Similarly, details regarding the ongoing royalty rate and any advertising fund contributions for Next Level Petroleum Mulstipl are not specified. In the broader franchise landscape, ongoing royalty fees typically range from 4% to 8% of gross sales for QSRs and from 4% to 12% for retail operations, with additional fees often levied for marketing, technology, and other corporate services. Without these specific figures for Next Level Petroleum Mulstipl, a comprehensive total cost of ownership analysis against sector averages requires further inquiry. However, based on its investment range, Next Level Petroleum Mulstipl appears to be positioned as a mid-tier to premium franchise investment within the gasoline station and convenience store sector, accessible to serious investors with substantial capital. There is no information found regarding a specific parent company for Next Level Petroleum, LLC, which may provide context for the Next Level Petroleum Mulstipl brand, indicating that the brand might operate as an independent entity or under a structure not publicly detailed. Financing considerations, such as eligibility for Small Business Administration (SBA) loans, are often crucial for investors and would typically be assessed during the due diligence process, along with any potential veteran incentives, though such specifics are not available for Next Level Petroleum Mulstipl.

The operational model of a Next Level Petroleum Mulstipl franchise, like any gasoline station with a convenience store, involves a complex interplay of fuel sales, merchandise retail, and customer service, demanding a hands-on approach from the franchisee. Daily operations typically include managing fuel inventory and pricing, overseeing convenience store stock, processing transactions efficiently, ensuring site cleanliness and safety, and managing a team of employees. The staffing requirements for such an operation are significant, often necessitating multiple shifts to cover extended operating hours, which can frequently be 24/7, requiring a robust labor model that balances efficiency with customer service. While specific format options for Next Level Petroleum Mulstipl are not detailed, the related entity, Next Level Petroleum, LLC, has extensive experience in in-house construction planning for petroleum and retail developments. This includes ground-up constructions, comprehensive renovations, strategic additions, or complete rebuilds, alongside specialized petroleum equipment installation. This background suggests a potential for flexible format options for the Next Level Petroleum Mulstipl franchise, accommodating various site types and market demands, from traditional freestanding stations to integrated retail complexes. Details regarding a specific training program for Next Level Petroleum Mulstipl franchisees, including its duration, location, and the number of hands-on hours provided, are not available. However, in the general franchise industry, franchisors typically provide extensive training departments, offering comprehensive initial training that covers all facets of the business, from operational procedures and product knowledge to marketing and financial management. This is often complemented by onboarding coaches who guide new franchisees through the setup phase. Ongoing corporate support structures in franchising commonly include dedicated operations teams, robust marketing departments that provide campaigns and localized advertising support, and a network of preferred vendors offering discounted pricing on essential supplies and equipment. Additionally, franchisees often benefit from designated business advisors or field consultants who provide continuous guidance, performance analysis, and operational troubleshooting. Information regarding the territory structure and exclusivity for Next Level Petroleum Mulstipl, as well as any multi-unit requirements or expectations, is not specified. In general, franchisors often grant exclusive territories to prevent internal competition and ensure market penetration. The model for Next Level Petroleum Mulstipl, whether favoring an absentee owner or requiring an owner-operator, is not detailed, but the inherent complexity and hands-on nature of managing a gas station with a convenience store typically lean towards a strong owner-operator involvement, especially in the initial years, to ensure optimal performance and customer satisfaction.

For serious franchise investors, the financial performance of a brand is often the most critical factor, yet for Next Level Petroleum Mulstipl, Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document. This absence of specific earnings claims means that prospective franchisees must rely on broader industry benchmarks, the brand's market position, and its growth trajectory to infer potential unit-level performance. The "Gasoline Stations with Convenience Stores" industry operates within a substantial economic framework, with the U.S. market alone valued at $522.3 billion in 2025. This vast market, coupled with U.S. finished motor gasoline consumption averaging approximately 8.94 million barrels per day in 2023, provides a strong foundation for revenue generation at individual units. While specific average revenue per unit or profit margins for Next Level Petroleum Mulstipl are not available, the industry's robust activity suggests significant sales potential for well-managed locations. The global gas station market, projected to grow from USD 11.8 billion in 2024 to USD 18.91 billion by 2033 at a CAGR of 5.38%, further indicates a favorable environment for growth. The Next Level Petroleum Mulstipl franchise currently operates 21 total units, with 20 of these being franchised, and 0 company-owned. This high proportion of franchised units (over 95%) indicates a business model deeply committed to leveraging the entrepreneurial drive of its franchisees for expansion rather than direct corporate ownership, which can be a positive signal for unit-level focus and support. The related entity, Next Level Petroleum, LLC, operates as a wholesale petroleum distributor and real estate development company, supplying over 200 stations across Georgia, Texas, Alabama, and Oklahoma. This extensive network and operational footprint by a company with a similar name, led by Rustam Ramji who has developed approximately 150 gasoline stations throughout his career, including 40 ground-up sites by NLP itself, provides a strong contextual indicator of deep industry expertise and market access. While these achievements belong to Next Level Petroleum, LLC and not directly to the Next Level Petroleum Mulstipl franchise, they suggest a foundational knowledge base and established relationships within the petroleum supply chain that could indirectly benefit a similarly branded franchise operation. The annual revenue for Next Level Petroleum LLC is estimated between $10 million and $25 million by one source, and between $25 million and $50 million by another, with an estimated 11-50 employees. These figures, while not directly reflective of individual Next Level Petroleum Mulstipl franchise unit economics, illustrate the financial scale and operational capacity of a significant player within the broader "Next Level Petroleum" ecosystem. Without Item 19 disclosure, prospective franchisees must perform rigorous independent financial modeling, utilizing industry-average profit margins for fuel and convenience store sales, and carefully analyzing all potential costs, including the initial investment range of $301,000 to $1.53 million, to estimate potential owner earnings and payback periods.

The growth trajectory of Next Level Petroleum Mulstipl, as indicated by its current unit count of 21 total units with 20 being franchised, demonstrates a foundational presence within the "Gasoline Stations with Convenience Stores" sector. While specific unit count trends over recent years or net new units added annually are not provided, the existing franchised footprint signifies an active and expanding network. This growth occurs within an industry that is projected to expand from $2.7 trillion in 2025 to $2.8 trillion in 2026 at a CAGR of 3.8%, and is expected to reach $3.35 trillion in 2030 at a CAGR of 4.6%, providing a favorable macro environment for a brand like Next Level Petroleum Mulstipl. The related entity, Next Level Petroleum, LLC, has demonstrated significant corporate developments, expanding its operations to include supplying fuel to sites in Georgia, Texas, Alabama, and Oklahoma. This wholesale distributor and real estate development company continuously works to establish and build a world-class petroleum supply business, indicating a forward-looking and growth-oriented approach within the broader "Next Level Petroleum" brand family. Rustam Ramji, the CEO and Founder of Next Level Petroleum, LLC, has personally developed approximately 150 gasoline stations throughout his career, with NLP developing 40 ground-up sites over its history. This deep experience in site selection, development, and operation could translate into a competitive advantage for Next Level Petroleum Mulstipl franchisees, potentially leveraging best practices and established relationships in real estate and construction. A competitive moat for a gasoline station and convenience store franchise typically stems from several factors. Strategic real estate strategy, which ensures high traffic locations and optimal visibility, is paramount. For Next Level Petroleum Mulstipl, if it can leverage the real estate development expertise of Next Level Petroleum, LLC, this could be a significant differentiator. A strong supply chain, capable of securing competitive fuel pricing and diverse convenience store inventory, is another critical advantage. Next Level Petroleum, LLC provides customized petroleum supply contracts for major brands including Chevron, Texaco, Shell, Citgo, Exxon, Mobil, 76, and Valero, supplying over 200 stations. This established supply network could offer a robust foundation for Next Level Petroleum Mulstipl franchisees, ensuring access to essential products and potentially favorable terms. The brand's ability to adapt to current market conditions, such as the increasing demand for convenience retail and digital payment solutions, is also crucial. The industry is seeing major companies focus on innovative solutions like AI-enabled fuel dispensers to optimize fuel flow, track usage patterns, and provide real-time analytics for faster, more efficient, and customer-focused fueling experiences. The convergence of IoT and AI technology is expected to revolutionize station operations, providing real-time fuel monitoring, dynamic pricing, predictive maintenance, and personalized customer interaction, which could represent future areas for competitive differentiation for Next Level Petroleum Mulstipl.

Identifying the ideal franchisee candidate for Next Level Petroleum Mulstipl is crucial for both the franchisor and prospective investors, though specific requirements beyond capital are not provided. Generally, successful franchisees in the "Gasoline Stations with Convenience Stores" sector often possess a strong background in business management, retail operations, or customer service, demonstrating an ability to lead teams, manage inventory, and maintain high operational standards. Given the inherent complexities of managing fuel sales, a convenience store, and often ancillary services like car washes, prior industry knowledge or a transferable skill set in a high-volume retail environment would be highly beneficial. While multi-unit expectations or requirements for Next Level Petroleum Mulstipl are not specified, the substantial investment range of $301,000 to $1.53 million suggests a business model that can support significant scale, potentially attracting experienced operators interested in developing multiple locations. The geographic focus for available territories for Next Level Petroleum Mulstipl is not explicitly stated. However, the related entity, Next Level Petroleum, LLC, operates and supplies fuel to sites across Georgia, Texas, Alabama, and Oklahoma. This established operational footprint within these four states could indicate potential target markets for the Next Level Petroleum Mulstipl franchise, suggesting areas where existing infrastructure, supply chain relationships, and market knowledge are already in place. Generally, markets with high traffic counts, strong residential density, and robust economic growth tend to perform best for gasoline stations with convenience stores, leveraging increased vehicle usage and consumer spending power. The timeline from signing a franchise agreement to the grand opening for a Next Level Petroleum Mulstipl unit is not detailed, but for similar concepts, this process can range from 6 to 18 months, depending on site acquisition, permitting, construction, and training phases. The term length of the franchise agreement and any renewal terms, which are critical components for long-term planning and investment evaluation, are not available for Next Level Petroleum Mulstipl. Similarly, considerations regarding the transfer and resale of a Next Level Petroleum Mulstipl franchise are not specified, but these are standard elements of

FPI Score

50/100

SBA Default Rate

0.0%

Active Lenders

10

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Next Level Petroleum (Mulstipl based on SBA lending data

SBA Default Rate

0.0%

0 of 23 loans charged off

SBA Loan Volume

23 loans

Across 10 lenders

Lender Diversity

10 lenders

Avg 2.3 loans per lender

Investment Tier

Premium investment

$301,000 – $1,526,800 total

Next Level Petroleum (Mulstipl — 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

2021

11 approvals — best year on record for Next Level Petroleum (Mulstipl.

Top SBA State

Georgia

22 SBA-financed Next Level Petroleum (Mulstipl locations — the densest operator footprint.

Average Loan Size

$891K

Median $680K — use as a sizing anchor when modeling your own $Next Level Petroleum (Mulstipl unit.

Lender Concentration

52.2%

Concentrated

Share of Next Level Petroleum (Mulstipl approvals captured by the top 3 SBA lenders.

Next Level Petroleum (Mulstipl's SBA lending pipeline peaked in 2021 (11 approvals). The last five fiscal years account for 61% of cumulative volume ($14M approved). Operator density is highest in Georgia with 22 SBA-financed locations. Average funded ticket sits at $891K, with the median at $680K. Lender mix is concentrated: the top three SBA lenders account for 52.2% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$241K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$3,116

Principal & Interest only

Locations

Next Level Petroleum (Mulstiplunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Next Level Petroleum (Mulstipl