Cenex
Bottom line
- Total investment $750 including a $750 franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated AVOID with a risk score of 85/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Cenex unit return on the cash you put in?
Unlevered ROIC · per unit
139%
Above typical band (30–60%)
Overview
About
Cenex franchisees typically operate fuel/petroleum retail locations, convenience stores, or agricultural supply operations under the Cenex brand. Daily operations involve managing inventory, serving customers, handling fuel distribution logistics, and maintaining compliance with corporate standards and supplier agreements.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
No multi-year history disclosed and no opening/closing activity in the last reporting year.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Cenex presents extreme risk due to going concern status, complete financial opacity, unprotected territory, and structural indicators of a contracting or distressed franchise system.
Score breakdown · what drove the 85 / 100 rating
- 01HIGHGoing Concern status indicates serious financial/operational distress at corporate level
- 02MINORZero financial disclosure (revenue, net income, royalty rates) prevents ROI assessment
- 03MINORUnprotected territory creates direct competition risk from other franchisees
- 04MINORUnknown unit count and growth trajectory suggest possible system contraction
- 05MINORExtremely low $750 franchise fee may indicate struggling brand unable to command standard fees
- 06MINOR3-year term is unusually short, suggesting corporate uncertainty about sustainability
- 07MINORNo Item 19 earnings claims means no franchisee performance benchmarks available
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
1 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Cenex · FDD (2026) PDF