Limited-Service Restaurants acquisitions in Nevada: SBA loan data
Since FY2018, SBA lenders have approved 28 7(a) loans to buy an existing business classified as Limited-Service Restaurants in Nevada, totaling $15.3M. The median loan was $457,000. That is 7.2% of the 388 acquisition loans in Nevada.
Seller note standby terms and third-party consents are reviewed before closing.
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How this compares
The median Limited-Service Restaurants loan in Nevada is 35% lower than the $699,500 median for all Nevada acquisitions, and 31% higher than the $350,000 median for Limited-Service Restaurants acquisitions nationwide (2,222 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 5.3% of seasoned Limited-Service Restaurants acquisition loans were charged off, and 1.9% of seasoned Nevada acquisition loans of any type.
Limited-Service Restaurants acquisition loans in Nevada by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $357K | $178,500 | |
| FY2019 | 7 | $2.3M | $245,100 | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 8 | $4.4M | $555,000 | |
| FY2022 | 4 | $3.3M | $503,050 | |
| FY2023 | 2 | $2.8M | $1,398,000 | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 3 | $1.4M | $530,000 | |
| FY2026 | 2 | $769K | $384,500 |
How often do these acquisition loans fail?
Fewer than 20 Limited-Service Restaurants in Nevada 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.
Terms signed in the LOI shape the purchase agreement that follows.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Plumas Bank | 5 | 17.9% | $2.5M | |
| 2 | Live Oak Banking Company | 3 | 10.7% | $1.6M | |
| 3 | First Internet Bank of Indiana | 2 | 7.1% | $4M | |
| 4 | United Business Bank | 2 | 7.1% | $1.7M | |
| 5 | Western Alliance Bank | 2 | 7.1% | $1.3M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Firehouse Subs | 2 | 7.1% | $2.7M | |
| 2 | Jimmy John's | 2 | 7.1% | $1.7M | |
| 3 | Subway | 2 | 7.1% | $157K | |
| 4 | Little Caesars | 1 | 3.6% | $480K | |
| 5 | Marco's Pizza | 1 | 3.6% | $464K |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
Questions buyers ask
How much do SBA loans for Limited-Service Restaurants acquisitions in Nevada run?
The median SBA 7(a) loan was $457,000 across 28 loans (FY2018 to FY2026), with the middle half between $248,025 and $689,575. 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 Limited-Service Restaurants acquisitions in Nevada?
Plumas Bank (5), Live Oak Banking Company (3), First Internet Bank of Indiana (2), United Business Bank (2), Western Alliance Bank (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Limited-Service Restaurants acquisition loans fail in Nevada?
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 Limited-Service Restaurants acquisitions in Nevada?
21 of the 28 loans (75%) involved a franchise brand, most often Firehouse Subs (2).
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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Related
- All Nevada 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 Georgia
- Limited-Service Restaurants in Pennsylvania
- Limited-Service Restaurants in Michigan
- Limited-Service Restaurants in Illinois
- Limited-Service Restaurants in Florida
- General Automotive Repair in Nevada
- Janitorial Services in Nevada
- Insurance Agencies and Brokerages in Nevada
- Landscaping Services in Nevada
- Full-Service Restaurants in Nevada
Small samples move a lot: each loan in this combination is 4% of the count. Industry is the NAICS code the lender recorded. See the methodology.