Prairie State Energy, LLC (Mul
Franchising since 2012 · 3 locations
The total investment to open a Prairie State Energy, LLC (Mul franchise ranges from $280,000 - $1.9M. Prairie State Energy, LLC (Mul currently operates 3 locations (3 franchised). The top SBA 7(a) lenders for Prairie State Energy, LLC (Mul are Byline Bank, Regional Development Company and The Harvard State Bank. PeerSense FPI health score: 56/100.
$280,000 - $1.9M
3
3 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Prairie State Energy, LLC (Mul financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 5 loans charged off
SBA Loans
5
Total Volume
$5.9M
Active Lenders
3
States
2
Top SBA Lenders for Prairie State Energy, LLC (Mul
What is the Prairie State Energy, LLC (Mul franchise?
Deciding whether to invest between $280,000 and $1.88 million in a gasoline station and convenience store franchise is one of the most consequential financial decisions an entrepreneur can make, and the question deserves a rigorous, data-anchored answer rather than marketing language. Prairie State Energy, LLC (Mul is a Lake Geneva, Wisconsin-headquartered operator and supplier in the gasoline stations with convenience stores category, currently operating within a system of 5 total units, of which 3 are franchised and none are company-owned, a structure that places the brand firmly in early-stage franchise territory. The company's parent operation, Prairie State Energy LLC (PSE), is led by managing partners Rick Mistretta and Lewis Livermore, whose combined industry tenure exceeds 80 years, and a broader team that includes CPA and controller Jim Heidrich, who joined in 2013 with over a decade of public accounting experience, Amie Leucht, who joined in early 2023 with over 25 years of customer service and billing experience, and Angela Sorejian, who brings P&L management expertise within the fuel industry backed by an MBA from Keller Graduate School of Management. Rick Mistretta, who serves as President and holds a Bachelor of Science in Finance and Corporate Communications, previously co-founded the Ultimate Buying Team, a coalition of Amoco dealers that scaled into the largest national buying club of its kind, eventually consolidating into Consolidated Buying Company with over 10,000 retail members nationally. Lewis Livermore, who holds a Bachelor of Arts in Political Science and carries nearly 20 years of industry experience, oversees supply and logistics and has managed account relationships with hundreds of dealers across the country, including work with various state and local governments and major national oil companies. This is not a passive brand investment backed by an anonymous corporate parent — PSE prides itself on a model where clients work directly with ownership, and the Prairie State Energy, LLC (Mul franchise opportunity reflects a highly hands-on partnership philosophy rooted in two decades of developing, owning, and operating fuel and convenience store locations. The total addressable market for gasoline stations with convenience stores in the United States reached $484.5 billion in total revenue in 2024 and is measured at $522.3 billion in market size as of 2025, situating this franchise category among the largest retail verticals in the American economy.
The industry backdrop for any Prairie State Energy, LLC (Mul franchise investment is both massive in scale and nuanced in its growth dynamics. The gasoline stations with convenience stores market in the United States has grown at an annual rate of approximately 3.5% over the past three years, though the near-term outlook shows some softness, with the sector projected to contract by 0.3% in 2025 and a further 0.4% in 2026 based on current industry analysis. These short-term fluctuations are offset by powerful long-term structural tailwinds: US finished motor gasoline consumption averaged approximately 8.94 million barrels per day, equivalent to 376 million gallons per day, in 2023, providing an enormous and persistent base demand that sustains fuel retail volume. The global gas station market, valued at $11.8 billion in 2024, is projected to grow from $12.44 billion in 2025 to $18.91 billion by 2033 at a compound annual growth rate of 5.38%, driven by urbanization, rising vehicle ownership, expanding highway networks, increasing diesel vehicle demand, and growth in petroleum refining capacity. The convenience retail component of the model is particularly compelling: the global fuel and convenience store point-of-sale market was valued at $550.50 million in 2022 and is projected to reach $4.44 billion by 2031, growing at an extraordinary CAGR of 26.10% through the forecast period, fueled by demand for cloud-based POS terminals, mobile payment integration via EMV and chip card systems, and AI-enabled fuel dispensers that track usage patterns and deliver real-time analytics. Future filling stations are increasingly expected to evolve into hybrid energy hubs offering conventional fuels, electric vehicle charging, hydrogen refueling, and biofuels simultaneously, meaning investors entering the category today are positioning themselves at the ground floor of a structural transformation in how Americans fuel their vehicles and purchase convenience goods. The broader gasoline stations market, encompassing global figures, sat at approximately $2.7 trillion in 2025 and is forecast to reach $3.35 trillion by 2030 at a CAGR of 4.6%, while consumer trends within the category continue to pivot toward premium and additive-enriched fuels, expanded loyalty and digital payment programs, and the growth of convenience retail assortments anchored in food, beverage, and daily consumables.
The Prairie State Energy, LLC (Mul franchise investment range spans from $280,000 at the lower end to $1.88 million at the upper end, a spread that reflects the substantial variability inherent in gasoline station and convenience store development depending on site format, geography, land costs, canopy construction, underground storage tank installation, and whether the project involves a ground-up build versus a conversion or rebrand of an existing location. This $280,000 to $1.88 million range is broadly consistent with industry norms for fuel and convenience retail, where simple conversion projects can be executed for several hundred thousand dollars while full greenfield developments incorporating modern fuel dispensing infrastructure, EV charging capability, and contemporary convenience store buildouts regularly exceed $1.5 million in total capital deployed. PSE's specific expertise in what they term "New to Industry site location and redevelopment" work means that franchisees benefit from a partner that has navigated both ends of this capital spectrum repeatedly, including guiding operators through the bank financing process, as PSE actively assists clients in producing bank packages designed to help secure loans and lower interest rates. One documented client outcome involved a full rebrand from Shell to Mobil where the net financial effect of PSE's convenience store consulting, re-categorization, re-merchandising strategy, and brand transition produced over $100,000 in net improvement to the bottom line in the first year compared to the prior year's earnings, with fuel volumes increasing by more than 10%, providing a real-world benchmark for the kind of value creation PSE structures its model around. The Prairie State Energy, LLC (Mul franchise currently carries a FPI Score of 56, which is classified as Moderate by the PeerSense methodology, placing it in a range that warrants thorough due diligence while acknowledging the brand's operating track record and the depth of leadership experience behind the system. Mistretta's active service on both the Exxon/Mobil Branded Wholesaler National Council and the Executive Committee of the Illinois Fuel and Retail Association provides franchisees with access to industry relationships and branded fuel program knowledge that would take an independent operator years to build independently. The system's current scale of 5 total units, with 3 franchised locations, situates Prairie State Energy, LLC (Mul as a micro-system franchise, which carries both the risk of limited brand recognition and the opportunity to secure prime territories early in a brand's expansion arc before market saturation compresses available site selection.
The daily operational model for a Prairie State Energy, LLC (Mul franchise revolves around the intersection of fuel retailing and convenience store merchandising, two disciplines that reward operational discipline, inventory management, and customer throughput efficiency in equal measure. PSE's documented approach involves supporting franchisees and partner operators through every stage of the site development lifecycle, from initial design consultation and construction oversight to post-opening operational refinement and staff development focused on profit improvement strategies. The company's background includes extensive convenience store experience spanning re-categorization of product assortments and re-merchandising of store layouts, disciplines that directly impact average transaction value and gross margin per customer visit. Staffing in a fuel and convenience store environment typically requires a combination of fuel attendant, cashier, and shift supervisor roles structured to cover extended operating hours, with the labor model varying significantly based on store size, format type, and whether the location incorporates food service, car wash, or diesel truck fueling operations. PSE's support structure is notably relationship-driven: clients have documented direct access to Rick Mistretta and Lewis Livermore personally, a characteristic that distinguishes this system from large franchise organizations where franchisees communicate primarily through regional support layers rather than with principals. The supply and logistics expertise that Livermore oversees positions franchisees to access both branded and unbranded fuel supply options, providing flexibility in fuel procurement strategy that can materially affect fuel margin outcomes, particularly given PSE's documented position as a non-large-chain wholesaler that does not compete internally by diverting cheaper fuel loads to company-owned stores at franchisee expense. One client explicitly cited cost savings on price watch monitoring as a benefit of this structural alignment of interests, an operational advantage that compounds over time in a business where fuel margin optimization across thousands of daily gallons is the primary profitability lever.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Prairie State Energy, LLC (Mul, meaning prospective franchisees will not find audited average unit revenue, median store-level earnings, or quartile breakdowns of system-wide financial performance within the FDD filing itself. This is a meaningful gap for investors performing rigorous due diligence, as Item 19 disclosures, when present, allow direct comparison of top-quartile versus bottom-quartile operator outcomes and support payback period modeling with franchisor-sourced data rather than third-party estimates. In the absence of Item 19, the most instructive financial signal comes from documented client outcomes: a PSE-supported rebrand produced over $100,000 in net bottom-line improvement in the first operating year, with fuel volumes rising more than 10%, and separately, fuel margins and overall profitability were described as "dramatically up" following a rebrand and operational restructuring engagement. Industry-level benchmarks provide additional framing: the total US market for gasoline stations with convenience stores generated $484.5 billion in revenue across 2024, and while per-unit averages are difficult to extract from this aggregate figure given the diversity of site formats and ownership structures in the sector, the scale of the addressable market underscores that well-positioned, well-operated fuel and convenience locations generate meaningful cash flow in communities with strong traffic counts and limited competitive density. The $280,000 to $1.88 million total investment range implies a wide variance in payback period depending on the capital structure deployed, the fuel volume secured, the convenience store gross margin achieved, and any ancillary revenue streams such as car wash, food service, lottery, or ATM income that the specific location supports. Investors should conduct direct franchise validation conversations with the 3 franchised units currently operating in the Prairie State Energy, LLC (Mul system to gather first-hand unit economics data, as these conversations remain one of the most reliable due diligence channels available when formal Item 19 disclosure is absent from the FDD.
The Prairie State Energy, LLC (Mul franchise system currently comprises 5 total units with 3 franchised locations and no company-owned units, a configuration that concentrates all operational risk and brand reputation in franchisee performance while keeping PSE's role focused on supply, consulting, and strategic support rather than direct unit management. The brand's growth trajectory from this base will be shaped by its ability to translate the operational success documented in client testimonials into a scalable, replicable system that can expand beyond its current micro-system scale without diluting the hands-on ownership access that existing operators cite as a primary differentiator. PSE's stated ambition is to serve as a premier supplier of fuel products to retail locations throughout the United States, a geographic scope that implies significant untapped expansion potential across the country's estimated 150,000-plus fuel retail locations. Competitive moats in fuel retail franchising derive from branded fuel supply relationships, which Mistretta's seat on the Exxon/Mobil Branded Wholesaler National Council directly supports, as well as from operational knowledge systems, site selection expertise, and the financial packaging capabilities that help qualified buyers secure bank financing more efficiently than they could independently. The broader industry's evolution toward hybrid energy hubs with EV charging, hydrogen refueling, and biofuel capabilities presents an opportunity for early-mover positioning if the Prairie State Energy, LLC (Mul franchise invests in forward-compatible site design standards now. PSE's 25 years of cumulative development, ownership, and operation of fuel and convenience locations provides a knowledge base that newer entrants to fuel retail franchising cannot replicate without equivalent operational cycles. AI-enabled fuel dispensers, loyalty program technology, and cloud-based POS systems are reshaping how top-performing convenience locations manage inventory, personalize promotions, and process payments, and franchisees entering the system today should assess how PSE's technology roadmap incorporates these capabilities into ongoing operational support.
The ideal Prairie State Energy, LLC (Mul franchise candidate is an entrepreneurial operator with either existing experience in fuel retail, convenience store management, or adjacent industries such as food service or general retail, where the operational disciplines of inventory management, shift supervision, and customer throughput are transferable. PSE's documented willingness to work with investors on bank package preparation suggests that the ideal candidate is not necessarily a cash-heavy buyer but rather someone with a credible business plan, sufficient liquid capital to support the lower end of the $280,000 investment range, and a clear site strategy informed by traffic count analysis and competitive mapping. The company's focus on new-to-industry site location and redevelopment projects means that candidates without prior fuel retail experience can enter the system with structured guidance, particularly during the design and construction phases where PSE's team provides active oversight rather than leaving the franchisee to navigate contractors and regulatory requirements independently. Multi-unit development is a logical long-term path in fuel retail given the capital efficiency gains available through shared back-office infrastructure and consolidated fuel supply negotiations, and PSE's supply and logistics capabilities are structured to support operators managing multiple locations across a regional footprint. The 5-unit current system size means that meaningful territory availability exists across most US markets, giving early entrants the ability to secure geographically strategic clusters of locations that would not be available once the system scales. The franchise agreement term length has not been disclosed in current available documentation, making direct inquiry with PSE a necessary step in finalizing investment terms before any commitment is made.
Prairie State Energy, LLC (Mul presents a franchise opportunity that sits at the intersection of one of America's largest retail categories, a $522.3 billion gasoline stations with convenience store market measured in 2025, and a hands-on partnership model rooted in 80-plus combined years of fuel industry expertise. The FPI Score of 56, rated Moderate, reflects the system's early stage of franchised growth and the absence of Item 19 financial disclosure, both of which are solvable through rigorous franchisee validation and direct engagement with the PSE leadership team rather than relying solely on formal FDD data. The $280,000 to $1.88 million investment range covers both conversion-level and full greenfield development scenarios, offering capital flexibility that broadens the pool of qualified investors who can access this category. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Prairie State Energy, LLC (Mul against every other fuel retail and convenience store franchise in the database simultaneously. The combination of a massive underlying market, an experienced leadership team with documented client outcomes, and a currently small franchise footprint that creates genuine first-mover territory opportunity makes this a franchise profile that serious investors in the fuel and convenience sector should examine thoroughly before the system's growth compresses available market entry windows. Explore the complete Prairie State Energy, LLC (Mul franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
56/100
SBA Default Rate
0.0%
Active Lenders
3
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Prairie State Energy, LLC (Mul based on SBA lending data
SBA Default Rate
0.0%
0 of 5 loans charged off
SBA Loan Volume
5 loans
Across 3 lenders
Lender Diversity
3 lenders
Avg 1.7 loans per lender
Investment Tier
Premium investment
$280,000 – $1,884,000 total
Prairie State Energy, LLC (Mul — 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
2022
3 approvals — best year on record for Prairie State Energy, LLC (Mul.
Top SBA State
Wisconsin
3 SBA-financed Prairie State Energy, LLC (Mul locations — the densest operator footprint.
Average Loan Size
$1.2M
Median $1.5M — use as a sizing anchor when modeling your own $Prairie State Energy, LLC (Mul unit.
Lender Concentration
100%
Concentrated
Share of Prairie State Energy, LLC (Mul approvals captured by the top 3 SBA lenders.
Prairie State Energy, LLC (Mul's SBA lending pipeline peaked in 2022 (3 approvals). The last five fiscal years account for 100% of cumulative volume ($5.9M approved). Operator density is highest in Wisconsin with 3 SBA-financed locations. Average funded ticket sits at $1.2M, with the median at $1.5M. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$2,899
Principal & Interest only
Locations
Prairie State Energy, LLC (Mul — unit breakdown
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