Gasoline stations counted 74 employer establishments in Sullivan County, TN in 2023, 73 of them with convenience stores (County Business Patterns). Keelport Capital in Kingsport, Tennessee passes station and convenience store funding requests to partners. This page covers store loans, dispensers and tanks, cooler remodels, buying a station and working capital.
At a glance
- Gasoline stations, Sullivan County, TN
74 employers (CBP 2023, NAICS 4471)
- Stations with convenience stores
73 (CBP 2023, NAICS 447110)
- Convenience stores without fuel
5 employers (CBP 2023, NAICS 445120)
Convenience Store Business Loans for Sullivan County, TN Owners
A convenience store borrows for coolers and freezers, shelving, food-service equipment, point-of-sale systems and store stock. Partners read monthly inside sales separately from fuel sales, because fuel and store sales carry different costs. Lottery and pass-through sales inflate the totals, so partners look past them to the margin that pays debt.
Inventory financing and a line of credit suit store stock.
Gas Station Lending Around Kingsport, TN: Dispensers, Tanks, Canopies
Dispensers, card readers, tank monitoring, canopies and lighting are equipment purchases, sometimes prompted by a fuel supplier's image program or a card-reader upgrade. Underground tanks and lines are larger projects with environmental testing and permits. Partners read the fuel supply agreement, gallons by month and the station's environmental history.
Convenience Store Financing for Sullivan County, TN Coolers and Remodels
Walk-in coolers, reach-in doors, ice merchandisers and a food-service counter change what the store can sell. Partners read inside sales by category to see whether the remodel supports the payment. A remodel that adds hot food needs permits and health inspections; build that time into the request.
Equipment financing compares loans and leases.
Get two quotes for the larger refrigeration work and ask each installer about energy use, warranty and service response. A cooler that fails on a weekend costs more in spoiled stock than the price gap between two bids, and a partner reading the request can see the warranty as a point in its favor.
How Do You Purchase a Gas Station in Sullivan County, TN: Fuel Contract, Tanks, Store?
- Agree on a price that separates real estate, fuel equipment, store equipment, inventory and goodwill.
- Get three years of the seller's returns, fuel gallons, inside sales and the supply agreement.
- Order environmental reports on the tanks and the site.
- Confirm the fuel supply agreement transfers, and on what terms.
- Plan working capital for the first fuel loads and store stock.
Invented figures, for illustration only: a buyer agrees to $920,000 for a Sullivan County, TN station and puts $184,000 down, 20% of the price (our arithmetic). Real estate financing is outside what Keelport arranges, so a purchase that includes the land needs that part funded elsewhere.
Gas Station Working Capital Requirements for Sullivan County, TN Owners
A station pays for each fuel load on short terms, in many cases by draft from the account, while card sales settle over a few days. Store stock, payroll and card fees add to the gap. Partners read daily bank activity and the supplier's payment terms to size a working capital loan or a line.
Working capital loans explain how partners read deposits.
Fuel Station Counts in Sullivan County, TN and ZIP 37660
County Business Patterns counted 74 gasoline stations with employees in Sullivan County, TN in 2023, with 497 employees; 73 of them were stations with convenience stores, and 24 had a ZIP 37660 address. Convenience stores without fuel counted 5, a separate code; together, 79 establishments (our sum).
Nonemployer Statistics counted 6 gasoline stations without paid employees in 2024, a separate program and year.
The grocery store code in the same county table also takes in convenience stores, so the store counts above should not be added to grocery figures. Each code is read on its own, and the sum shown here combines only the two codes named.
A Dispenser Replacement at a Kingsport, TN Station, in Numbers
Invented figures, for illustration only: a Kingsport, TN station replaces four dispensers for $74,000 installed. Over 60 months at an annual rate of 9.5%, the payment is about $1,554.14 a month, with about $19,248.26 in interest (our arithmetic).
The partner compares that payment with gallons and inside sales, and asks whether the supplier contributes to the image program. Call (423) 418-6720 with the quote and the supply agreement.
By Keelport Capital · Updated