Fitness and Recreational Sports Centers acquisitions in Missouri: SBA loan data
Since FY2018, SBA lenders have approved 15 7(a) loans to buy an existing business classified as Fitness and Recreational Sports Centers in Missouri, totaling $3.4M. The median loan was $196,100. That is 1.4% of the 1,098 acquisition loans in Missouri.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
How this compares
The median Fitness and Recreational Sports Centers loan in Missouri is 66% lower than the $580,000 median for all Missouri acquisitions, and 34% lower than the $298,450 median for Fitness and Recreational Sports Centers acquisitions nationwide (646 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 9.8% of seasoned Fitness and Recreational Sports Centers acquisition loans were charged off, and 2.9% of seasoned Missouri acquisition loans of any type.
Fitness and Recreational Sports Centers acquisition loans in Missouri by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $531K | $265,500 | |
| FY2019 | 1 | $132K | $131,600 | |
| FY2020 | 2 | $396K | $198,000 | |
| FY2021 | 0 | $0 | - | |
| FY2022 | 2 | $394K | $197,000 | |
| FY2023 | 1 | $61K | $61,200 | |
| FY2024 | 3 | $662K | $219,500 | |
| FY2025 | 4 | $1.3M | $277,950 | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 Fitness and Recreational Sports Centers in Missouri acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. 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.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | OakStar Bank | 3 | 20.0% | $467K | |
| 2 | Guaranty Bank | 2 | 13.3% | $396K | |
| 3 | The Bank of Missouri | 1 | 6.7% | $560K | |
| 4 | Home Bank, SB | 1 | 6.7% | $365K | |
| 5 | The Central Trust Bank | 1 | 6.7% | $340K |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Anytime Fitness | 4 | 26.7% | $1.2M | |
| 2 | Hotworx | 1 | 6.7% | $247K | |
| 3 | 9Round | 1 | 6.7% | $135K |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for Fitness and Recreational Sports Centers acquisitions in Missouri run?
The median SBA 7(a) loan was $196,100 across 15 loans (FY2018 to FY2026). The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Fitness and Recreational Sports Centers acquisitions in Missouri?
OakStar Bank (3), Guaranty Bank (2), The Bank of Missouri (1), Home Bank, SB (1), The Central Trust Bank (1).
How often do Fitness and Recreational Sports Centers acquisition loans fail in Missouri?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Fitness and Recreational Sports Centers acquisitions in Missouri?
6 of the 15 loans (40%) involved a franchise brand, most often Anytime Fitness (4).
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Missouri acquisitions
- Financing one? How to get an SBA loan to buy a fitness center
- Fitness and Recreational Sports Centers nationally
- Fitness and Recreational Sports Centers in Texas
- Fitness and Recreational Sports Centers in Georgia
- Fitness and Recreational Sports Centers in Florida
- Fitness and Recreational Sports Centers in New York
- Fitness and Recreational Sports Centers in New Jersey
- Fitness and Recreational Sports Centers in Michigan
- Fitness and Recreational Sports Centers in Virginia
- Fitness and Recreational Sports Centers in Minnesota
- Full-Service Restaurants in Missouri
- Hotels and Motels in Missouri
- Limited-Service Restaurants in Missouri
- General Automotive Repair in Missouri
- Plumbing, Heating, and Air-Conditioning Contractors in Missouri
- All Other Specialty Trade Contractors in Missouri
- Car Washes in Missouri
- Child Care Services in Missouri
Small samples move a lot: each loan in this combination is 7% of the count. Industry is the NAICS code the lender recorded. See the methodology.