Coffee Shop Feasibility Study in the Raleigh-Cary, NC Metro Area

What SBA's own loan files show about coffee shop and snack bar lending in the Raleigh-Cary, NC Metro Area, and what a feasibility study for a project there has to test.

The most brand-heavy coffee record in Wake County's metro

Franchise share of 66.7% means two out of three coffee shop loans in Raleigh-Cary carry a brand. Raleigh-Cary logs 57 coffee shop loans over the FY2017 to FY2026 span, $24.8 million in total. Its $350,000 median is 1.46x nationally, and $150,000 to $589,000 brackets the middle half of the 57. A location quotient of 1.77x shows coffee drawing far more than its national share of local lending.

Rank and program

Raleigh-Cary ranks 37 of 612 in the full field of metro and micro areas, and coffee ranks 5 of 39 here. Raleigh-Cary leaves its 7(a) and 504 tallies unprinted. The sole listed holder is The Huntington National Bank, 9 loans and $2.4 million; SBA records support that count and no reading of the bank's lending.

Years that print

FY2017 had 9 loans and $1.9 million, FY2022 had 5 and $3.3 million, FY2023 had 9 and $5.5 million, FY2024 had 5 and $2.4 million, FY2025 had 9 and $5.1 million and FY2026 has 8 and $3.5 million. The span from FY2018 to FY2021 is withheld for thin counts. Recent dollars suggest the average ticket has risen from the earliest printed year, though the cell does not publish enough to say how much.

A cancellation floor of one in five

Raleigh-Cary coffee sees 20.0% or more of FY2017 to FY2024 approvals cancelled, notably high for a drink-and-snack business. Raleigh-Cary offers no ceiling and no loss figure. A loan joins the Raleigh-Cary tally when its project county, read by name, lies in the July 2023 area.

What a Raleigh coffee study has to resolve

With two-thirds of the loans tied to brands, the franchise agreement is part of the feasibility question: required fees, territory, remodel cycles and sales assumptions. The study should test commuter and campus traffic at the exact site, count rival cafes, and check the build cost against a median near $350,000. A cancellation floor of 20.0% calls for schedule slack in the plan, and the appraiser should separate improvements and equipment from any franchise value. The study should also say whether a drive-through is planned, since that choice changes both the site search and the sales ceiling.

SBA coffee shop and snack bar loans in the Raleigh-Cary, NC Metro Area

Loans approved, FY2017 to FY202657
Gross dollars approved$24.8 million
Median loan$350,000
Middle half of loans, from$150,000
Middle half of loans, to$589,000
SBA 7(a) loanswithheld
SBA 504 loanswithheld
Franchise share of loans66.7%
Rank among metro and micro areas for coffee shop and snack bar loans37 of 612
Rank of coffee shop and snack bar among the classes in this area5 of 39
Location quotient (share of loans against the national share)1.77x
Median loan against the national median for the class1.46x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)20.0%
The same, counting loans still undisbursed as cancelled (a ceiling)withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA coffee shop and snack bar loans approved in the Raleigh-Cary, NC Metro Area, by fiscal year

0246810FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026Loans, FY2017: 9Loans, FY2022: 5Loans, FY2023: 9Loans, FY2024: 5Loans, FY2025: 9Loans, FY2026: 8
Fiscal yearLoansDollars
FY20179$1.9 million
FY2018withheldwithheld
FY2019withheldwithheld
FY2020withheldwithheld
FY2021withheldwithheld
FY20225$3.3 million
FY20239$5.5 million
FY20245$2.4 million
FY20259$5.1 million
FY20268$3.5 million

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
LenderLoansDollars
The Huntington National Bank9$2.4 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-39580-C39.

Loan Analytics prepares the feasibility study a lender reads before it commits: for a coffee shop and snack bar project in the Raleigh-Cary, NC Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

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