Buying a Pillar To Post franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 5 7(a) loans to buy an existing Pillar To Post (classified mostly as Building Inspection Services), totaling $1.3M. The median loan was $215,000, 67% lower than the $645,250 median for all SBA-financed acquisitions.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of Pillar To Post resale loans landed between $117,000 and $285,000.
- Lender experience exists. Simmons Bank alone has financed 2 Pillar To Post resales.
- Guaranty. The SBA guaranteed 76% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing a Pillar To Post resale
The median SBA 7(a) loan for a Pillar To Post resale was $215,000 across 5 loans (FY2018 to FY2026). Simmons Bank, First Internet Bank of Indiana and Stearns Bank National Association have financed the most Pillar To Post 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%.
Pillar To Post acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 2 | $332K | $166,000 | |
| FY2020 | 2 | $300K | $150,000 | |
| FY2021 | 0 | $0 | - | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 1 | $640K | $640,000 | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 Pillar To Post 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.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Lenders financing Pillar To Post resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Simmons Bank | 2 | 40.0% | $300K | |
| 2 | First Internet Bank of Indiana | 1 | 20.0% | $640K | |
| 3 | Stearns Bank National Association | 1 | 20.0% | $215K | |
| 4 | Florida Business Development Corporation | 1 | 20.0% | $117K |
States where Pillar To Post units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Tennessee | 2 | 40.0% | $300K | |
| 2 | Colorado | 1 | 20.0% | $640K | |
| 3 | Washington | 1 | 20.0% | $215K | |
| 4 | Florida | 1 | 20.0% | $117K |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
How lenders classify Pillar To Post
Lenders code each loan to a NAICS industry. For Pillar To Post the codes used were:
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Building Inspection Services | 4 | 80.0% | $1.2M | |
| 2 | All Other Professional, Scientific, and Technical Services | 1 | 20.0% | $117K |
Questions buyers ask
How much do buyers borrow to buy a Pillar To Post franchise?
The median SBA 7(a) loan for a Pillar To Post resale was $215,000 across 5 loans (FY2018 to FY2026). The middle half of loans ran from $117,000 to $285,000. 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 Pillar To Post acquisitions?
Simmons Bank has made the most SBA acquisition loans for Pillar To Post (2, 40% of the total). First Internet Bank of Indiana, Stearns Bank National Association, Florida Business Development Corporation follow.
What interest rate and term do Pillar To Post acquisition loans carry?
The average initial rate at approval was 7.90% (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 Pillar To Post resale riskier than other SBA-financed acquisitions?
Too few Pillar To Post 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 Pillar To Post units being bought with SBA loans?
Tennessee (2), Colorado (1), Washington (1), Florida (1). 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 Building Inspection Services acquisitions
- Tennessee acquisitions
- Colorado acquisitions
- Washington acquisitions
- Simmons Bank
- First Internet Bank of Indiana
- Stearns Bank National Association
- All franchise brands
Brand name as recorded by lenders in the SBA file: "Pillar To Post" (franchise code S1305). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.