Adrian JohnsonTLDR:
- FuelFox, an app-based fuel delivery startup based in Birmingham, Alabama, has experienced significant growth over the past few years.
- The company offers a unique service that delivers fuel directly to its members’ vehicles at various locations.
- In its first seven weeks of making fleet deliveries, FuelFox generated over $100,000 in revenue.
- FuelFox’s annual revenue has grown from $357,000 in 2018 to $20 million in 2023.
- The Alabama Small Business Development Center Network (ASBDC) has played a major role in FuelFox’s growth, assisting with identifying clients, exploring new markets, seeking investors, and raising capital.
- FuelFox has expanded its service locations to Birmingham, Charlotte, and Memphis, with plans to open franchised locations in Nashville and Atlanta.
A mobile, on-site fuel delivery startup called FuelFox, headquartered in Birmingham, Alabama, has seen remarkable growth in recent years. The company, founded in 2018 by Ben Morris, offers a unique service that functions like a mobile gas station. It delivers fuel directly to its members’ vehicles, which can be parked at various locations such as work, the mall, the gym, or other convenient spots. This service targets individuals with busy schedules and company fleets.
FuelFox’s innovative concept has proven to be highly successful since its inception. Within the first seven weeks of making fleet deliveries, the company generated over $100,000 in revenue. According to FuelFox, its annual revenue skyrocketed from $357,000 in 2018 to an impressive $20 million in 2023.
One of the major factors contributing to FuelFox’s growth has been the support from the Alabama Small Business Development Center Network (ASBDC). This resource group has assisted FuelFox in various ways, including identifying potential clients, exploring new markets, seeking investors, pursuing procurement opportunities, and raising capital.
Moreover, the ASBDC Capital Access Program helped FuelFox evaluate and apply for relief funds, resulting in the company securing $115,000 in PPP funding. Within one year of operations, FuelFox had already established multiple fleet accounts, started paying salaries, and was dispensing thousands of gallons of fuel every month. The company’s employee count has increased from 1 to 18, and the fleet has grown from a single truck to 16. FuelFox’s service locations have also expanded to encompass Birmingham, Charlotte, and Memphis, with plans to open franchised locations in Nashville and Atlanta in the near future.
This rapid growth and success highlight the value and demand for convenient and efficient fuel delivery services, especially for those with busy schedules and organizations with company fleets. FuelFox’s unique model and partnership with the ASBDC have paved the way for its rapid expansion and continued growth in the fuel delivery market.