FranchiseVerdict
Sunoco Retail LLC – Area Representative Program logo
FV-02498·MODERATEExcellent81

Sunoco Retail LLC – Area Representative Program

OtherFranchising since 1993Website
Investment
$20K – $39K
5th pct Other
Avg revenue
50th pct Other
Royalty
Units
265
90th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $20K – $39K including a $5K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 139 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

Legal entity
SUNOCO RETAIL LLC
Parent company
Sunoco LP
Incorporated in
Pennsylvania
HQ
8111 Westchester Drive, Suite 600, Dallas, Texas 75225
Auditor
Grant Thornton LLP
Audited financials
Franchisor revenue
$23K
vs $23K prior year

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 Sunoco Retail LLC – Area Representative Program unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $20K–$39K
Working capital
$
FDD reports $3K–$7K

Unlevered ROIC · per unit

307%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$34K
Payback
4 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Area Representatives serve as middlemen for the Sunoco/APLUS franchise network, recruiting and managing franchisees within assigned territories, earning a $5,000 initial franchise fee split and up to 50% of royalties (minimum $500/month per store) from downstream franchisees. Day-to-day work involves territory development, franchisee recruitment, compliance monitoring, and royalty collection with no guarantee of revenue growth beyond the monthly minimum.

CEO
Joseph Kim
Founded
2015
FDD year
2025
States available
10

Item 7 · what it costs

The Vitals

Total investment
$20K – $39K
All-in to open one unit
Liquid capital
$3K – $7K
Cash you must have on hand
Franchise fee
$5K
Royalty
Area Representative keeps $5,000 of the APLUS Store initi…
Ad fund
AR Brand Fee between $500 to $1,000 per month (if establi…

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

Total units
265
Opened
0
Last reporting year
Closed
2
Turnover rate
0.8%
Company-owned
19
Corporate units in the system
% franchised
93%
vs corporate-owned
Net growth (yr3)
-0.8%
Net unit change last year
3-yr CAGR
-1.6%
Compounded over last 3 years
2023
246-2
Franchised units
2024
248
Franchised units
2025
250
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 4 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 4 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
139
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

64
Risk · 0-100
MODERATE64 / 100

This declining franchise system with undisclosed unit economics, going concern issues, active litigation, and unprotected territories presents high-risk indirect revenue dynamics unsuitable for most investors.

Score breakdown · what drove the 64 / 100 rating

  1. 01MINORDeclining unit count (-0.8% YoY) indicates system contraction and potential saturation or performance issues
  2. 02MEDNo average revenue or net income disclosure (missing Item 19) prevents ROI assessment and suggests weak unit economics
  3. 03HIGHGoing concern status is FALSE, indicating potential financial instability or uncertainty at franchisor level
  4. 04HIGHActive litigation involving breach of contract and personal injury liability creates legal and reputational risk
  5. 05MINORUnprotected territory creates cannibalization risk where ARs compete for same royalty revenue from overlapping stores
  6. 06MINORMinimum $500/month guarantee appears modest and insufficient to justify $20K-$38.5K investment without growth potential
  7. 07MINORIndirect revenue model (dependent on APLUS franchisee performance, not direct AR earnings) creates misaligned incentives

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Dealer fueling stations supplied under fuel distribution contract
Protected territory
No
Initial term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
81 hrs
On-the-job training
116 hrs

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

15 numbers

Locked
(608) 266-••••
IN
(517) 373-••••
IN
(401) 462-••••
IN

One-time purchase · CSV download · Validation questions included

FDD download

Sunoco Retail LLC – Area Representative Program · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above