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

How Beer, Wine, and Liquor Retailers in Texas compares

The median for loans to buy liquor stores in Texas is $825,850, slightly below the $870,000 median for all Texas acquisitions, above the $650,000 median for Beer, Wine, and Liquor Retailers acquisitions nationwide and above the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $471,750 to $1,713,750, against $283,000 to $1,465,000 nationally; the median term is 11.3 years, longer than the national median of 10 years; the average initial rate is 7.56%, below the 7.76% national average.

Seasoned loans were charged off at 2.8%, well below the 4.8% rate for all Texas acquisitions, well above the 1.4% rate for Beer, Wine, and Liquor Retailers acquisitions nationwide and below the 3.5% rate for all acquisition loans.

Loan size distribution

Most loans to buy liquor stores in Texas (54%) were under $1M, and the largest single band is $350K to under $1M at 40%, 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 11% of loans to buy liquor stores in Texas, and the top three lenders together made 30%. 5 of the 36 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, 17 loans to buy liquor stores in Texas were approved. That is 13% more than the 15 approved in FY2023 and FY2024. The median was $825,000, in line with the $825,850 median across all years.

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

How often do these acquisition loans fail?

Of the 36 Beer, Wine, and Liquor Retailers in Texas acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 1 have been charged off by the SBA, a rate of 2.8% by loan count and 0.8% by dollars. 18 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 Texas is 21% lower 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 Texas 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 Georgia
• 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 Maryland
• Beer, Wine, and Liquor Retailers in Illinois
• Hotels and Motels in Texas
• Gasoline Stations with Convenience Stores in Texas
• Full-Service Restaurants in Texas
• Limited-Service Restaurants in Texas
• Child Care Services in Texas
• General Automotive Repair in Texas
• Insurance Agencies and Brokerages in Texas
• Plumbing, Heating, and Air-Conditioning Contractors in Texas

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.