Buying a MGM Wine & Spirits franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 5 7(a) loans to buy an existing MGM Wine & Spirits (classified mostly as Beer, Wine, and Liquor Retailers), totaling $3.4M. The median loan was $558,000, 14% lower than the $645,250 median for all SBA-financed acquisitions.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of MGM Wine & Spirits resale loans landed between $447,300 and $611,000.
- Lender experience exists. BankVista alone has financed 2 MGM Wine & Spirits resales.
- Guaranty. The SBA guaranteed 75% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing a MGM Wine & Spirits resale
The median SBA 7(a) loan for a MGM Wine & Spirits resale was $558,000 across 5 loans (FY2018 to FY2026). BankVista, Old National Bank and U.S. Bank, National Association have financed the most MGM Wine & Spirits resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
MGM Wine & Spirits acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 0 | $0 | - | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 3 | $1.2M | $558,000 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 2 | $2.2M | $1,097,100 | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 MGM Wine & Spirits acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Lenders financing MGM Wine & Spirits resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | BankVista | 2 | 40.0% | $608K | |
| 2 | Old National Bank | 1 | 20.0% | $1.7M | |
| 3 | U.S. Bank, National Association | 1 | 20.0% | $611K | |
| 4 | Village Bank | 1 | 20.0% | $447K |
States where MGM Wine & Spirits units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Minnesota | 5 | 100.0% | $3.4M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Questions buyers ask
How much do buyers borrow to buy a MGM Wine & Spirits franchise?
The median SBA 7(a) loan for a MGM Wine & Spirits resale was $558,000 across 5 loans (FY2018 to FY2026). The middle half of loans ran from $447,300 to $611,000. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance MGM Wine & Spirits acquisitions?
BankVista has made the most SBA acquisition loans for MGM Wine & Spirits (2, 40% of the total). Old National Bank, U.S. Bank, National Association, Village Bank follow.
What interest rate and term do MGM Wine & Spirits acquisition loans carry?
The average initial rate at approval was 6.42% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 10 years.
Is a MGM Wine & Spirits resale riskier than other SBA-financed acquisitions?
Too few MGM Wine & Spirits acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are MGM Wine & Spirits units being bought with SBA loans?
Minnesota (5). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Beer, Wine, and Liquor Retailers acquisitions
- Minnesota acquisitions
- BankVista
- Old National Bank
- U.S. Bank, National Association
- All franchise brands
Brand name as recorded by lenders in the SBA file: "MGM Wine & Spirits" (franchise code S1040). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.