Beer, Wine, and Liquor Retailers acquisitions in Colorado: SBA loan data

How Beer, Wine, and Liquor Retailers in Colorado compares

The median for loans to buy liquor stores in Colorado is $618,500, slightly below the $661,000 median for all Colorado acquisitions, in line with the $650,000 median for Beer, Wine, and Liquor Retailers acquisitions nationwide and in line with the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $420,750 to $1,014,800, against $283,000 to $1,465,000 nationally; the median term is 10 years, the same as the national median; the average initial rate is 7.79%, in line with the 7.76% national average.

Seasoned loans were charged off at 3.0%, below the 4.1% rate for all Colorado acquisitions, well above the 1.4% rate for Beer, Wine, and Liquor Retailers acquisitions nationwide and below the 3.5% rate for all acquisition loans.

Loan size distribution

Most loans to buy liquor stores in Colorado (74%) were under $1M, and the largest single band is $350K to under $1M at 58%, against 33% of all acquisition loans.

Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.

Lender concentration

Hanmi Bank made 74% of loans to buy liquor stores in Colorado, and the top three lenders together made 80%. 11 of the 38 lenders involved made three or more. A few banks carry most of the volume. That is a rough guide to how many banks have seen this kind of deal before.

Recent activity

In FY2025 and FY2026 combined, 95 loans to buy liquor stores in Colorado were approved. That is 64% more than the 58 approved in FY2023 and FY2024. The median was $765,000, above the $618,500 median across all years.

Beer, Wine, and Liquor Retailers acquisition loans in Colorado by year

How often do these acquisition loans fail?

Of the 132 Beer, Wine, and Liquor Retailers in Colorado acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 4 have been charged off by the SBA, a rate of 3.0% by loan count and 1.1% by dollars. 72 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 Beer, Wine, and Liquor Retailers in Colorado is 14% 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.

Related

• All Colorado acquisitions
• Financing one? How to get an SBA loan to buy a liquor store
• Beer, Wine, and Liquor Retailers nationally
• Beer, Wine, and Liquor Retailers in California
• Beer, Wine, and Liquor Retailers in Georgia
• Beer, Wine, and Liquor Retailers in New York
• Beer, Wine, and Liquor Retailers in Michigan
• Beer, Wine, and Liquor Retailers in New Jersey
• Beer, Wine, and Liquor Retailers in Texas
• Beer, Wine, and Liquor Retailers in Maryland
• Beer, Wine, and Liquor Retailers in Illinois
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Small samples move a lot: each loan in this combination is 0% of the count. Industry is the NAICS code the lender recorded. See the methodology.