SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
Exxon franchise in New Jersey: what the public record shows
Franchisees of Exxon in New Jersey have taken 16 SBA loans since 1991 (average $285,062), and of the 12 loans whose story has ended, 25.0% were charged off — versus 5.5% for Exxon nationally and 14.8% across all rateable franchise brands.
Loans in NJ
16
Resolved
12
Local charge-off
25.0%
National charge-off
5.5%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
3,163
statewide, all operators
Per 100k residents
33.3
national 30.2
Versus the country
+10%
denser
Every business in Exxon's industry operating in New Jersey — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in NJ | Local charge-off | Units in NJ |
|---|---|---|---|
| Aamco Transmissions | 33 | 20.0% | — |
| Meineke | 29 | 11.1% | — |
| Cottman Transmission | 23 | 57.1% | — |
| Maaco Auto Painting & Bodyworks/Maaco Collisi | 20 | thin | — |
| Mobil Oil (Stations) | 15 | 0.0% | — |
| All Tune and Lube | 14 | thin | — |
| Maaco Auto Painting Center | 11 | thin | — |
| Midas Muffler Shop | 9 | thin | — |
| Sunoco Service Station | 9 | thin | — |
| JIFFY LUBE | 7 | thin | 33 |
| Grease Monkey | 5 | thin | — |
Same sector, same state, same public records — how Exxon compares to the systems a buyer in New Jersey would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Exxon's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →