Full-Service Restaurants acquisitions in Georgia: SBA loan data

How Full-Service Restaurants in Georgia compares

The median for loans to buy restaurants in Georgia is $487,500, well below the $875,000 median for all Georgia acquisitions, above the $411,700 median for Full-Service Restaurants acquisitions nationwide and below the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $290,000 to $869,750, 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 8.37%, above the 7.76% national average.

Seasoned loans were charged off at 4.2%, above the 3.2% rate for all Georgia acquisitions, below the 5.9% rate for Full-Service Restaurants acquisitions nationwide and above the 3.5% rate for all acquisition loans.

Loan size distribution

Most loans to buy restaurants in Georgia (82%) were under $1M, and the largest single band is $350K to under $1M at 51%, 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 10% of loans to buy restaurants in Georgia, and the top three lenders together made 24%. 14 of the 54 lenders involved made three or more. Repeat experience is spread across many banks. That is a rough guide to how many banks have seen this kind of deal before.

Recent activity

In FY2025 and FY2026 combined, 40 loans to buy restaurants in Georgia were approved. That is 11% more than the 36 approved in FY2023 and FY2024. The median was $590,000, above the $487,500 median across all years.

Full-Service Restaurants acquisition loans in Georgia by year

How often do these acquisition loans fail?

Of the 48 Full-Service Restaurants 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 4.2% by loan count and 3.4% by dollars. 25 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 Full-Service Restaurants in Georgia is 18% 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.

Related

• All Georgia acquisitions
• Financing one? How to get an SBA loan to buy a restaurant
• Full-Service Restaurants nationally
• Full-Service Restaurants in California
• Full-Service Restaurants in Texas
• Full-Service Restaurants in Florida
• Full-Service Restaurants in Washington
• Full-Service Restaurants in Illinois
• Full-Service Restaurants in Pennsylvania
• Full-Service Restaurants in Michigan
• Full-Service Restaurants in Wisconsin
• Hotels and Motels in Georgia
• Beer, Wine, and Liquor Retailers 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.