Liquor Store Feasibility Study in the Albany-Schenectady-Troy, NY Metro Area

Liquor stores across four counties

Liquor store is shown at 4 of 39 among Albany-Schenectady-Troy's classes, and Albany-Schenectady-Troy is recorded at 28 of 426 for it nationally. From FY2017 through FY2026, 32 loans were approved for $10.7 million: Schenectady County has 10, Saratoga County 8, and Albany and Rensselaer Counties 7 each. Liquor store loans take a heavier share of SBA lending in Albany-Schenectady-Troy than nationally (location quotient 1.87x). The cell has no distinctive flag.

The median is $201,500, or 0.45x the national figure for liquor stores, and the inner half of loans runs from $100,000 up to $426,250. Franchise brands account for 0.00% of the Albany-Schenectady-Troy loans. SBA's data here does not print the way the Albany-Schenectady-Troy loans are divided over the two SBA programs here in Albany-Schenectady-Troy. The numbers for Albany-Schenectady-Troy speak to liquor store loans in SBA's files, not to demand, and a study in Albany-Schenectady-Troy has to supply demand evidence itself.

Holders

KeyBank National Association appears with $889,000 spread over 5 of the 7(a) loans and TD Bank, National Association with 5, totalling $830,000. A holder is named; how any lender chooses borrowers is beyond these figures.

Five years print: FY2018 at 8 loans and $965,000, FY2019 and FY2020 with no loans and $0 each, 7 loans worth $4.5 million in FY2023, and FY2024 at 5 loans and $2.8 million. We hold back Albany-Schenectady-Troy's both outcome rates given that the Albany-Schenectady-Troy FY2017-to-FY2021 pool includes fewer than 30 loans, short of our own rule for Albany-Schenectady-Troy. A withheld rate in Albany-Schenectady-Troy is unknown, not nil.

A liquor store plan in the Capital Region has to test what a site can sell, how stock and fit-out cost compare with the loan, and whether margin carries rent or ownership. Run the payment test near a $201,500 proposal with a weaker-sales case. If the plan buys a running store, the price must match earnings and the licence transfer has to be dealt with. The federal delineation draws Albany-Schenectady-Troy, so loans from counties Albany-Schenectady-Troy cannot place stay dropped from the totals.

Two readings of Albany-Schenectady-Troy's numbers

A lender will read a class with small tickets, no franchise brand and four counties of near-equal weight, which means a proposal is judged mostly on the site and the operator rather than on a brand. An applicant should take Albany-Schenectady-Troy's middle band as what has actually been carried, and should be ready to explain a proposal above its top edge. The printed years show an uneven pattern, with several years at no loans, so the page gives no basis for a steady-demand claim.