Tire Dealers: SBA business acquisition loan data
105 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Tire Dealers (NAICS 441340), totaling $102M. Median loan $650,000, in line with the all-acquisition median. 35% of these deals were franchised units.
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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 $1,195,800 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 #88 of 300 industries tracked.
- Geography. California leads with 19 loans; the top five states account for 39% of the industry's acquisitions.
- Jobs. Lenders reported 1,251 jobs supported across these loans, about 11.9 per acquisition, a rough proxy for the size of business changing hands.
Tire Dealers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 9 | $5M | $240,700 | |
| FY2019 | 18 | $15.3M | $501,250 | |
| FY2020 | 19 | $22.2M | $575,000 | |
| FY2021 | 19 | $22.6M | $760,100 | |
| FY2022 | 12 | $9.5M | $579,300 | |
| FY2023 | 10 | $6.9M | $713,750 | |
| FY2024 | 9 | $10.6M | $650,000 | |
| FY2025 | 4 | $5.6M | $1,147,000 | |
| FY2026 | 5 | $4.6M | $1,007,300 |
How often do these acquisition loans fail?
Of the 65 Tire Dealers acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 2 have been charged off by the SBA, a rate of 3.1% by loan count and 0.5% by dollars. 24 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 Tire Dealers is 13% 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.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 19 | 18.1% | $13.3M | |
| 2 | Utah | 6 | 5.7% | $12.3M | |
| 3 | Arkansas | 6 | 5.7% | $5.9M | |
| 4 | Washington | 5 | 4.8% | $6M | |
| 5 | Missouri | 5 | 4.8% | $2.9M | |
| 6 | Nevada | 4 | 3.8% | $5.1M | |
| 7 | North Carolina | 4 | 3.8% | $4.5M | |
| 8 | Louisiana | 4 | 3.8% | $4.4M | |
| 9 | Texas | 4 | 3.8% | $4M | |
| 10 | Arizona | 4 | 3.8% | $3.2M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 15 | 14.3% | $25.2M | |
| 2 | United Business Bank | 5 | 4.8% | $8.1M | |
| 3 | Exchange Bank | 4 | 3.8% | $3.4M | |
| 4 | Columbia Bank | 4 | 3.8% | $3.1M | |
| 5 | The Huntington National Bank | 3 | 2.9% | $2.1M | |
| 6 | Plumas Bank | 3 | 2.9% | $1.7M | |
| 7 | Wells Fargo Bank National Association | 3 | 2.9% | $1.3M | |
| 8 | Citizens Bank | 2 | 1.9% | $5.3M | |
| 9 | Frost Bank | 2 | 1.9% | $2.3M | |
| 10 | Bank of Utah | 2 | 1.9% | $2.1M |
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Franchise brands in Tire Dealers
35% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Big O Tires | 29 | 78.4% | $45.2M | |
| 2 | Tire Pros | 4 | 10.8% | $2.1M |
Questions buyers ask
How much is a typical SBA loan to buy a business in Tire Dealers?
Median $650,000 across 105 acquisition loans (FY2018 to FY2026); the middle half ran $350,000 to $1,195,800. That is in line with the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Tire Dealers acquisitions?
Live Oak Banking Company (15), United Business Bank (5), Exchange Bank (4), Columbia Bank (4), The Huntington National Bank (3).
Are businesses in Tire Dealers often franchised?
Yes, often. 35% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Big O Tires, Tire Pros.
How risky are SBA loans for buying a business in Tire Dealers?
Of 65 seasoned loans (FY2018 to FY2021), 3.1% charged off, 13% lower than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Tire Dealers acquisitions?
Median term 10 years, average initial rate 7.06% 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.
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