Imaging Center Feasibility Study in the Los Angeles-Long Beach-Anaheim, CA Metro Area

Los Angeles-Long Beach-Anaheim: imaging at second among areas

The Los Angeles-Long Beach-Anaheim, CA area stands 2 of 100 among metro and micro areas for imaging center loans in SBA's file, though the class itself ranks 26th of 39 inside the area. SBA approved 30 loans totalling $36.3 million in Los Angeles over FY2017 to FY2026. Los Angeles runs 1.82x on location quotient and 2.41x on median loan size (median $842,500). The middle half of loans runs from $124,125 to $1.6 million.

Los Angeles County has 23 of the 30 loans and Orange County 7. Program mix for Los Angeles is not shown on this page. Under 5 loans per Los Angeles holder means no lender appears. The Los Angeles cohort numbers under 30 loans; rates stay blank.

One year on the page

Only FY2024 can be shown, with 5 loans worth $3.8 million. Years not shown for Los Angeles sit beneath the display floor. The rank of 2 of 100 deserves context: it compares areas for this one class, and the class is 26th among Los Angeles-Long Beach-Anaheim's own classes. Imaging is a minor class locally yet has one of the largest imaging records of any area.

A lender will draw two cautions from this page. First, 30 loans in a single large area is a small base, and the one printed year holds only 5 of them. Second, the 0.00% franchise share means every comparable loan went to an independent operator, so a project tied to a larger operator should explain who bears the equipment and staffing risk. The study can set those questions out before the file reaches underwriting.

What an imaging project here must demonstrate

Scan volume has to be tied to the equipment, the referral sources that supply patients, the payer mix that sets revenue per scan, and the licensing and staffing steps before opening. Equipment is a large share of the cost and ages faster than a building, so debt service should be shown covered as the machines age. A lender will read the 2.41x median ratio as a signal that scanners and build-out are costly and will ask the borrower to explain every major line. The wide middle-half band also tells a borrower that sizes differ a lot from one center to the next, and any appraisal needs real estate valued apart from the operating business.