FRANCHISE·WATCH·DESK

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

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

Franchisees of World Fuel Services, Inc Wholesale Supply Agreement in Wisconsin have taken 18 SBA loans since 1991 (average $1,070,533)— 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 · Wisconsinvs national

Loans in WI

18

Resolved

4

Local charge-off

thin

National charge-off

0.0%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WI. 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 · Wisconsin vs nationalDense market

Businesses in this industry

2,101

statewide, all operators

Per 100k residents

35.2

national 30.2

Versus the country

+17%

denser

Every business in World Fuel Services, Inc Wholesale Supply Agreement's industry operating in Wisconsin — 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 · Wisconsin vs nationalTypical wages

Avg weekly wage, this industry

$1,029

Wisconsin, BLS QCEW 2025

National average

$1,002

same industry, all states

Versus the country

+3%

costlier to staff

What World Fuel Services, Inc Wholesale Supply Agreement's industry actually pays workers in Wisconsin, 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 Wisconsin12 systems
SystemLoans in WILocal charge-offUnits in WI
Mobil Oil (Stations)2115.8%
Citgo Service Station12thin
Meineke12thin
Tires Plus12thin
Napa Auto Parts10thin
Exxon9thin
Maaco Auto Painting & Bodyworks/Maaco Collisi9thin
Shell Service Station7thin
Ubreakifix7thin
Carstar6thin
Midas Muffler Shop6thin
Maaco Auto Painting Center5thin

Same sector, same state, same public records — how World Fuel Services, Inc Wholesale Supply Agreement compares to the systems a buyer in Wisconsin 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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