FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · WASHINGTON

World Fuel Services, Inc Wholesale Supply Agreement franchise in Washington: what the public record shows

Franchisees of World Fuel Services, Inc Wholesale Supply Agreement in Washington have taken 10 SBA loans since 1991 (average $2,142,800)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 0.0% is the better guide.

SBA loan outcomes · Washingtonvs national

Loans in WA

10

Resolved

5

Local charge-off

thin

National charge-off

0.0%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WA. 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 of 30 loans.

Market density · Washington vs nationalTypical density

Businesses in this industry

2,152

statewide, all operators

Per 100k residents

27

national 30.2

Versus the country

-11%

thinner

Every business in World Fuel Services, Inc Wholesale Supply Agreement's industry operating in Washington — 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.

Labor cost · Washington vs nationalHigh wage pressure

Avg weekly wage, this industry

$1,184

Washington, BLS QCEW 2025

National average

$1,002

same industry, all states

Versus the country

+18%

costlier to staff

What World Fuel Services, Inc Wholesale Supply Agreement's industry actually pays workers in Washington, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.

Same-sector systems with SBA loan history in Washington12 systems
SystemLoans in WALocal charge-offUnits in WA
Chevron (Gas Station)654.3%
Phillips 66400.0%
Chevron - Retail Supply Contract370.0%
Shell Service Station324.8%
Exxon260.0%
Arco (Gas Station)250.0%
Texaco Service Station236.3%
Grease Monkey189.1%
Union 76 Oil167.7%
Aamco Transmissions1427.3%
Conoco Service Station1310.0%
Maaco Auto Painting Center12thin

Same sector, same state, same public records — how World Fuel Services, Inc Wholesale Supply Agreement compares to the systems a buyer in Washington would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing World Fuel Services, Inc Wholesale Supply Agreement's numbers, including talking you out of a bad deal.

Don Drummond, CPA — Virginia #43775 · what I charge

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