Sports and Recreation Instruction: SBA business acquisition loan data
98 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Sports and Recreation Instruction (NAICS 611620), totaling $69.1M. Median loan $389,500, 40% lower than the all-acquisition median. 23% of these deals were franchised units.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
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 $818,250 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 #97 of 300 industries tracked.
- Geography. California leads with 12 loans; the top five states account for 39% of the industry's acquisitions.
- Jobs. Lenders reported 1,475 jobs supported across these loans, about 15.1 per acquisition, a rough proxy for the size of business changing hands.
Sports and Recreation Instruction acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 8 | $2.4M | $335,500 | |
| FY2019 | 11 | $4.3M | $350,000 | |
| FY2020 | 7 | $2.8M | $176,400 | |
| FY2021 | 9 | $4.3M | $345,000 | |
| FY2022 | 15 | $13.2M | $698,400 | |
| FY2023 | 8 | $6M | $662,500 | |
| FY2024 | 7 | $2.4M | $235,000 | |
| FY2025 | 9 | $9.4M | $375,000 | |
| FY2026 | 24 | $24.3M | $646,500 |
How often do these acquisition loans fail?
Of the 35 Sports and Recreation Instruction acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 1 have been charged off by the SBA, a rate of 2.9% by loan count and 0.3% by dollars. 21 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 Sports and Recreation Instruction is 19% lower 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.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 12 | 12.2% | $15.7M | |
| 2 | Texas | 8 | 8.2% | $9.6M | |
| 3 | Florida | 7 | 7.1% | $3.6M | |
| 4 | Minnesota | 6 | 6.1% | $2.1M | |
| 5 | Ohio | 5 | 5.1% | $2.8M | |
| 6 | Michigan | 5 | 5.1% | $2.8M | |
| 7 | New York | 4 | 4.1% | $3.7M | |
| 8 | Massachusetts | 4 | 4.1% | $3.5M | |
| 9 | Maryland | 4 | 4.1% | $2.3M | |
| 10 | Wisconsin | 4 | 4.1% | $2.1M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | BankUnited, National Association | 4 | 4.1% | $2.1M | |
| 2 | The Huntington National Bank | 4 | 4.1% | $1.8M | |
| 3 | PNC Bank, National Association | 4 | 4.1% | $1.6M | |
| 4 | Byline Bank | 3 | 3.1% | $2M | |
| 5 | Gulf Coast Bank and Trust Company | 3 | 3.1% | $1.3M | |
| 6 | Live Oak Banking Company | 3 | 3.1% | $1.1M | |
| 7 | Heritage Bank Inc | 2 | 2.0% | $6.1M | |
| 8 | First Bank of the Lake | 2 | 2.0% | $5.2M | |
| 9 | Prosperity Bank | 2 | 2.0% | $3.5M | |
| 10 | FWBank | 2 | 2.0% | $3.1M |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
Franchise brands in Sports and Recreation Instruction
23% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Soccer Shots | 6 | 26.1% | $4.3M | |
| 2 | The Little Gym | 1 | 4.3% | $756K | |
| 3 | Orange Theory Fitness | 1 | 4.3% | $487K | |
| 4 | Pure Barre | 1 | 4.3% | $315K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Sports and Recreation Instruction?
Median $389,500 across 98 acquisition loans (FY2018 to FY2026); the middle half ran $224,250 to $818,250. That is 40% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Sports and Recreation Instruction acquisitions?
BankUnited, National Association (4), The Huntington National Bank (4), PNC Bank, National Association (4), Byline Bank (3), Gulf Coast Bank and Trust Company (3).
Are businesses in Sports and Recreation Instruction often franchised?
Yes, often. 23% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Soccer Shots, The Little Gym, Orange Theory Fitness, Pure Barre.
How risky are SBA loans for buying a business in Sports and Recreation Instruction?
Of 35 seasoned loans (FY2018 to FY2021), 2.9% charged off, 19% lower than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Sports and Recreation Instruction acquisitions?
Median term 10 years, average initial rate 7.64% 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.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options