Furniture Retailers: SBA business acquisition loan data
113 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Furniture Retailers (NAICS 449110), totaling $134M. Median loan $675,000, in line with the all-acquisition median. Annual volume fell 16% from FY2024 to FY2026.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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 $1,550,000 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.2% of all SBA-financed business purchases, ranking #84 of 300 industries tracked.
- Geography. North Carolina leads with 11 loans; the top five states account for 36% of the industry's acquisitions.
- Jobs. Lenders reported 1,352 jobs supported across these loans, about 12.0 per acquisition, a rough proxy for the size of business changing hands.
Furniture Retailers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 8 | $8.7M | $726,500 | |
| FY2019 | 15 | $17.4M | $675,000 | |
| FY2020 | 10 | $7.1M | $348,900 | |
| FY2021 | 16 | $26.1M | $722,000 | |
| FY2022 | 8 | $5M | $500,000 | |
| FY2023 | 6 | $3.2M | $545,000 | |
| FY2024 | 19 | $15.3M | $597,600 | |
| FY2025 | 15 | $19M | $513,000 | |
| FY2026 | 16 | $32.3M | $1,621,250 |
How often do these acquisition loans fail?
Of the 49 Furniture Retailers acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 3 have been charged off by the SBA, a rate of 6.1% by loan count and 2.8% by dollars. 26 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Furniture Retailers is 74% higher than the acquisition-loan average. 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 | North Carolina | 11 | 9.7% | $21M | |
| 2 | New York | 9 | 8.0% | $11.7M | |
| 3 | Florida | 8 | 7.1% | $5.3M | |
| 4 | California | 7 | 6.2% | $5.6M | |
| 5 | Missouri | 6 | 5.3% | $10.8M | |
| 6 | Colorado | 6 | 5.3% | $6.8M | |
| 7 | Arizona | 5 | 4.4% | $5.3M | |
| 8 | Texas | 4 | 3.5% | $4.4M | |
| 9 | Idaho | 4 | 3.5% | $4.1M | |
| 10 | Alabama | 4 | 3.5% | $3.9M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 10 | 8.8% | $17.4M | |
| 2 | Beacon Bank and Trust | 7 | 6.2% | $4.9M | |
| 3 | The Huntington National Bank | 6 | 5.3% | $5.5M | |
| 4 | Manufacturers and Traders Trust Company | 6 | 5.3% | $5.2M | |
| 5 | First Bank | 3 | 2.7% | $7.5M | |
| 6 | Zions Bancorporation, National Association | 2 | 1.8% | $5.9M | |
| 7 | Pinnacle Bank | 2 | 1.8% | $4.9M | |
| 8 | IncredibleBank | 2 | 1.8% | $4.5M | |
| 9 | TowneBank | 2 | 1.8% | $4.2M | |
| 10 | Wells Fargo Bank National Association | 2 | 1.8% | $3.2M |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
Franchise brands in Furniture Retailers
8% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Slumberland Furniture | 5 | 55.6% | $11.7M | |
| 2 | Budget Blinds | 1 | 11.1% | $25K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Furniture Retailers?
Median $675,000 across 113 acquisition loans (FY2018 to FY2026); the middle half ran $350,000 to $1,550,000. That is in line with the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Furniture Retailers acquisitions?
Live Oak Banking Company (10), Beacon Bank and Trust (7), The Huntington National Bank (6), Manufacturers and Traders Trust Company (6), First Bank (3).
Are businesses in Furniture Retailers often franchised?
Sometimes. 8% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Slumberland Furniture, Budget Blinds.
How risky are SBA loans for buying a business in Furniture Retailers?
Of 49 seasoned loans (FY2018 to FY2021), 6.1% charged off, 74% higher than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Furniture Retailers acquisitions?
Median term 10 years, average initial rate 7.82% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options