All Other General Merchandise Retailers: SBA business acquisition loan data
72 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as All Other General Merchandise Retailers (NAICS 455219), totaling $66.1M. Median loan $353,500, 45% lower than the all-acquisition median.
The purchase agreement decides what you bought, not the loan approval.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $1,021,000 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.1% of all SBA-financed business purchases, ranking #125 of 300 industries tracked.
- Geography. California leads with 12 loans; the top five states account for 51% of the industry's acquisitions.
- Jobs. Lenders reported 541 jobs supported across these loans, about 7.5 per acquisition, a rough proxy for the size of business changing hands.
All Other General Merchandise Retailers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $1.9M | $930,300 | |
| FY2019 | 5 | $5.3M | $280,000 | |
| FY2020 | 4 | $1.1M | $281,800 | |
| FY2021 | 4 | $1.4M | $255,600 | |
| FY2022 | 11 | $6M | $247,500 | |
| FY2023 | 17 | $18.4M | $500,000 | |
| FY2024 | 9 | $5.7M | $429,100 | |
| FY2025 | 14 | $15.5M | $498,200 | |
| FY2026 | 6 | $10.9M | $558,950 |
How often do these acquisition loans fail?
Fewer than 20 All Other General Merchandise Retailers 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.
The purchase agreement decides what you bought, not the loan approval.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 12 | 16.7% | $9.2M | |
| 2 | Florida | 8 | 11.1% | $10.8M | |
| 3 | Texas | 8 | 11.1% | $8.8M | |
| 4 | Pennsylvania | 6 | 8.3% | $3.3M | |
| 5 | Michigan | 3 | 4.2% | $3.2M | |
| 6 | Indiana | 3 | 4.2% | $2.6M | |
| 7 | South Carolina | 3 | 4.2% | $1.2M | |
| 8 | Minnesota | 3 | 4.2% | $814K | |
| 9 | Utah | 2 | 2.8% | $5M | |
| 10 | New York | 2 | 2.8% | $2.6M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | 4 | 5.6% | $5.1M | |
| 2 | CDC Small Business Finance Corp. | 4 | 5.6% | $793K | |
| 3 | Celtic Bank Corporation | 3 | 4.2% | $10M | |
| 4 | Customers Bank | 3 | 4.2% | $1.7M | |
| 5 | The Bank of Princeton | 3 | 4.2% | $1.1M | |
| 6 | The Huntington National Bank | 3 | 4.2% | $467K | |
| 7 | Live Oak Banking Company | 2 | 2.8% | $5.2M | |
| 8 | Beacon Bank and Trust | 2 | 2.8% | $2.5M | |
| 9 | First Financial Bank | 2 | 2.8% | $938K | |
| 10 | Bank of Hope | 2 | 2.8% | $253K |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Franchise brands in All Other General Merchandise Retailers
3% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Batteries Plus | 1 | 50.0% | $1.4M | |
| 2 | Hardware Hank | 1 | 50.0% | $276K |
Questions buyers ask
How much is a typical SBA loan to buy a business in All Other General Merchandise Retailers?
Median $353,500 across 72 acquisition loans (FY2018 to FY2026); the middle half ran $195,625 to $1,021,000. That is 45% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most All Other General Merchandise Retailers acquisitions?
First Internet Bank of Indiana (4), CDC Small Business Finance Corp. (4), Celtic Bank Corporation (3), Customers Bank (3), The Bank of Princeton (3).
Are businesses in All Other General Merchandise Retailers often franchised?
Rarely. Only 3% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in All Other General Merchandise Retailers?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for All Other General Merchandise Retailers acquisitions?
Median term 10 years, average initial rate 8.58% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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