Beauty Salon Feasibility Study in the Boulder, CO Metro Area

What the Boulder record shows for beauty salons

Boulder salon loans run large, with a median 1.91x the national figure, and the class holds a bigger local share than the national one, at 1.66x on the location quotient. From FY2017 through FY2026, SBA approved 25 loans for beauty salons in Boulder, CO, $5.8 million together. Among Boulder classes it ranks 6 of 39; against areas nationwide, Boulder, CO ranks 60 of 546. The Boulder location quotient of 1.66x puts beauty salons above their national share of lending. Boulder loan size runs high: $191,000 at the median, 1.91x the national median for beauty salons.

Between $50,000 and $250,000 lies the middle half of the Boulder loans. A project needing much more than $250,000 would sit outside the usual Boulder band. No program split prints for Boulder; Loan Analytics holds it back. Franchise share stands at 28.0% for beauty salons. Start from a $191,000 median loan. Between $50,000 and $250,000 is the middle half. The study should settle the branding question. The study should state its expected program.

Who holds the Boulder loans, and when

County counts read Boulder County, CO 25. The years that print are FY2024 (6 loans, $881,000). Years not listed are suppressed. Their loan counts are thin. It does not mean no loans. The Boulder years that print are too sparse. Sponsors should know the Boulder record first. Local evidence completes the picture.

What a Boulder beauty salon study has to test

The Boulder cancellation and charge-off rates are blank. There is no cohort of 30 loans. Quoting a loss floor is not possible. Boundaries come from the 2023 rules. Loans reach an area via county. Name decides the match. Loans that cannot be placed are excluded. Because the middle half of Boulder loans stops at $250,000, a larger request has to show why it would still be serviceable, and the study should set the 1.91x median against the number of clients the salon can realistically serve. Across 25 loans, $5.8 million was approved in Boulder. History is not a substitute for analysis. Underwriting a beauty salon in Boulder turns on chairs that can be kept busy; booking and scheduling systems; salons and chair-rental shops competing; build-out and equipment cost set beside the $191,000 median loan; stylist recruitment and client retention; repeat bookings and walk-ins; service revenue per chair; and the appraisal of the space. Past loans do not promise a beauty salon approval. The project's facts decide the result.