Fitness Center Feasibility Study in the North Port-Bradenton-Sarasota, FL Metro Area

How North Port-Bradenton-Sarasota ranks for fitness center

Ordered across metro and micro areas, North Port-Bradenton-Sarasota, FL comes in 55 of 608; SBA approved 43 loans there from FY2017 to FY2026, worth $19.4 million. North Port-Bradenton-Sarasota's fitness center share of loans is 1.08x the share seen nationally: North Port-Bradenton-Sarasota tilts to the class. Among North Port-Bradenton-Sarasota's classes it ranks 3 of 39. All of North Port-Bradenton-Sarasota's loans sit in FL.

In North Port-Bradenton-Sarasota, the median loan is $350,000, while the central half spans $150,000 to $477,400. That median is 1.35x the class median nationally, so North Port-Bradenton-Sarasota borrowers draw bigger loans. Loan Analytics withholds the program split because the counts behind it are thin, and that silence is not nil. Franchised loans make up 60.5% of the class.

North Port-Bradenton-Sarasota holders and counties for fitness center

Under 7(a), the one holder listed is The Huntington National Bank, with 12 loans worth $3.7 million. The 504 table for North Port-Bradenton-Sarasota is empty. Each North Port-Bradenton-Sarasota row is an SBA record. The North Port-Bradenton-Sarasota lenders named hold or held them. North Port-Bradenton-Sarasota rows speak to files, not policy. No North Port-Bradenton-Sarasota row says what a lender requires. North Port-Bradenton-Sarasota place by place: 27 loans sit in Sarasota County, FL, followed by Manatee County, FL at 16.

Year by year, the record shows FY2019 with 5 loans and $3.4 million and FY2023 with 8 loans and $4.4 million. Loan Analytics withholds FY2017, FY2018, FY2020 through FY2022 and FY2024 through FY2026 because the counts are thin, so those gaps mean unpublished, never zero. With most years withheld, no trend can be drawn from this cell. Cancellation is left blank because only a small cohort stands behind it (under 30 loans), and no charge-off rate is printed either. All totals use the federal lines of July 2023; each project is placed by county, and any county that cannot be matched is excluded.

A fitness center study for North Port-Bradenton-Sarasota: the tests

The fitness center figures here are background; a study decides. It should test member churn and retention, membership volume against nearby households, franchise fees where a brand applies, replacement cycles for equipment, and coverage in the months before memberships build. Demand, cost, coverage and value are the four tests, and the 43 loans above guarantee nothing to a lender.