Book Retailers and News Dealers: SBA business acquisition loan data
20 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Book Retailers and News Dealers (NAICS 459210), totaling $5.9M. Median loan $177,250, 73% 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 $441,250 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is less than 0.05% of all SBA-financed business purchases, ranking #296 of 300 industries tracked.
- Geography. Colorado leads with 2 loans; the top five states account for 50% of the industry's acquisitions.
- Jobs. Lenders reported 183 jobs supported across these loans, about 9.2 per acquisition, a rough proxy for the size of business changing hands.
Book Retailers and News Dealers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $410K | $108,100 | |
| FY2019 | 2 | $1M | $508,500 | |
| FY2020 | 1 | $40K | $40,000 | |
| FY2021 | 0 | $0 | - | |
| FY2022 | 2 | $1M | $501,000 | |
| FY2023 | 5 | $1.4M | $117,000 | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 4 | $1.3M | $289,750 | |
| FY2026 | 3 | $665K | $215,000 |
How often do these acquisition loans fail?
Fewer than 20 Book Retailers and News Dealers 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.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Colorado | 2 | 10.0% | $1.1M | |
| 2 | New Hampshire | 2 | 10.0% | $885K | |
| 3 | Pennsylvania | 2 | 10.0% | $815K | |
| 4 | Georgia | 2 | 10.0% | $702K | |
| 5 | California | 2 | 10.0% | $450K | |
| 6 | New York | 2 | 10.0% | $241K | |
| 7 | Minnesota | 2 | 10.0% | $220K | |
| 8 | North Carolina | 1 | 5.0% | $799K | |
| 9 | Arizona | 1 | 5.0% | $279K | |
| 10 | Wisconsin | 1 | 5.0% | $117K |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Citizens & Northern Bank | 2 | 10.0% | $815K | |
| 2 | The Huntington National Bank | 2 | 10.0% | $450K | |
| 3 | Busey Bank | 1 | 5.0% | $922K | |
| 4 | Pinnacle Bank | 1 | 5.0% | $799K | |
| 5 | Bank of Dudley | 1 | 5.0% | $630K | |
| 6 | Needham Bank | 1 | 5.0% | $445K | |
| 7 | Bangor Savings Bank | 1 | 5.0% | $440K | |
| 8 | Celtic Bank Corporation | 1 | 5.0% | $279K | |
| 9 | Stearns Bank National Association | 1 | 5.0% | $218K | |
| 10 | Zions Bancorporation, National Association | 1 | 5.0% | $215K |
Terms signed in the LOI shape the purchase agreement that follows.
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Questions buyers ask
How much is a typical SBA loan to buy a business in Book Retailers and News Dealers?
Median $177,250 across 20 acquisition loans (FY2018 to FY2026); the middle half ran $78,000 to $441,250. That is 73% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Book Retailers and News Dealers acquisitions?
Citizens & Northern Bank (2), The Huntington National Bank (2), Busey Bank (1), Pinnacle Bank (1), Bank of Dudley (1).
Are businesses in Book Retailers and News Dealers often franchised?
Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Book Retailers and News Dealers?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Book Retailers and News Dealers acquisitions?
Median term 10 years, average initial rate 8.37% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
The purchase agreement decides what you bought, not the loan approval.
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