Limited-Service Restaurants acquisitions in Georgia: SBA loan data

How Limited-Service Restaurants in Georgia compares

The median for loans to buy fast-food restaurants in Georgia is $383,750, well below the $875,000 median for all Georgia acquisitions, slightly above the $350,000 median for Limited-Service Restaurants acquisitions nationwide and well below the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $229,950 to $598,750, 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 7.57%, below the 7.76% national average.

Seasoned loans were charged off at 5.9%, well above the 3.2% rate for all Georgia acquisitions, above the 5.3% rate for Limited-Service Restaurants acquisitions nationwide and well above the 3.5% rate for all acquisition loans.

Loan size distribution

Most loans to buy fast-food restaurants in Georgia (91%) were under $1M, and the largest single band is Under $350K at 46%, against 30% of all acquisition loans.

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

Lender concentration

Metro City Bank made 10% of loans to buy fast-food restaurants in Georgia, and the top three lenders together made 25%. 12 of the 48 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, 22 loans to buy fast-food restaurants in Georgia were approved. That is 5% more than the 21 approved in FY2023 and FY2024. The median was $445,000, above the $383,750 median across all years.

Limited-Service Restaurants acquisition loans in Georgia by year

How often do these acquisition loans fail?

Of the 51 Limited-Service Restaurants in Georgia acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 3 have been charged off by the SBA, a rate of 5.9% by loan count and 1.9% 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 Limited-Service Restaurants in Georgia is 67% 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 fast food restaurant
• Limited-Service Restaurants nationally
• Limited-Service Restaurants in California
• Limited-Service Restaurants in Washington
• Limited-Service Restaurants in Texas
• Limited-Service Restaurants in Pennsylvania
• Limited-Service Restaurants in Michigan
• Limited-Service Restaurants in Illinois
• Limited-Service Restaurants in Florida
• Limited-Service Restaurants in Ohio
• Hotels and Motels in Georgia
• Full-Service Restaurants in Georgia
• Beer, Wine, and Liquor Retailers 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.