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

How Beer, Wine, and Liquor Retailers in Georgia compares

The median for loans to buy liquor stores in Georgia is $2,625,500, well above the $875,000 median for all Georgia acquisitions, well above the $650,000 median for Beer, Wine, and Liquor Retailers acquisitions nationwide and well above the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $1,367,725 to $4,457,500, against $283,000 to $1,465,000 nationally; the median term is 25 years, longer than the national median of 10 years; the average initial rate is 6.86%, below the 7.76% national average.

Seasoned loans were charged off at 3.4%, in line with the 3.2% rate for all Georgia acquisitions, well above the 1.4% rate for Beer, Wine, and Liquor Retailers acquisitions nationwide and in line with the 3.5% rate for all acquisition loans.

Loan size distribution

Most loans to buy liquor stores in Georgia (80%) were $1M or more, and the largest single band is $2M and over at 60%, against 17% of all acquisition loans.

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

Lender concentration

Metro City Bank made 56% of loans to buy liquor stores in Georgia, and the top three lenders together made 66%. 7 of the 31 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, 22 loans to buy liquor stores in Georgia were approved. That is 19% fewer than the 27 approved in FY2023 and FY2024. The median was $3,325,000, above the $2,625,500 median across all years.

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

How often do these acquisition loans fail?

Of the 59 Beer, Wine, and Liquor Retailers in Georgia 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 3.4% by loan count and 0.7% by dollars. 23 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 Georgia is in line with 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 Georgia 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 Colorado
• 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
• Hotels and Motels in Georgia
• Full-Service Restaurants in Georgia
• Limited-Service Restaurants in Georgia
• Child Care Services in Georgia
• Broilers and Other Meat Type Chicken Production in Georgia
• Gasoline Stations with Convenience Stores in Georgia
• Fitness and Recreational Sports Centers in Georgia
• Drycleaning and Laundry Services in Georgia

Small samples move a lot: each loan in this combination is 1% of the count. Industry is the NAICS code the lender recorded. See the methodology.