Liquor Store Feasibility Study in the Colorado Springs, CO Metro Area

Liquor store in Colorado Springs against the national picture

Ordered across metro and micro areas, Colorado Springs, CO comes in 17 of 426; SBA approved 66 loans there from FY2017 to FY2026, worth $42.1 million. Share of loans for liquor store in Colorado Springs comes to 3.12x the share seen nationally: liquor stores weigh heavily in local lending. Among Colorado Springs's classes it ranks 2 of 39. Each Colorado Springs project county is in CO.

A Colorado Springs loan at the median is $456,500; the middle half of loans runs from $303,000 to $695,000. That median is 1.01x the median nationally for the class, so the typical ticket matches the national one. Of the 66 loans, 59 sit in 7(a), the other 7 in 504, and franchise flags show on 0.00% of them.

Colorado Springs holders and counties for liquor store

On the 7(a) side in Colorado Springs, SBA lists one holder, Hanmi Bank, with 18 loans worth $14.3 million. No 504 holder is listed for Colorado Springs. Colorado Springs rows are SBA records. These Colorado Springs loans sit with the lenders named. The Colorado Springs table describes files, not practices. No Colorado Springs row says what a lender requires.

The yearly record for Colorado Springs lists FY2017 (7 loans, $2.5 million), FY2018 (7 loans, $4.4 million), FY2019 (5 loans, $1.9 million), FY2021 (10 loans, $7.3 million), FY2022 (9 loans, $6.4 million) and FY2024 (7 loans, $2.9 million). The other years are blank because Loan Analytics withholds thin counts, so those gaps mean unpublished, never zero. Approvals from FY2017 to FY2024 in Colorado Springs fell through after approval, a floor of 9.4%. Counting undisbursed loans, the ceiling is 9.4%. No charge-off floor is printed for Colorado Springs, because Loan Analytics withholds it when the cohort is thin. The Colorado Springs totals follow the July 2023 delineation, with Colorado Springs loans placed by project county, while Colorado Springs leaves out unplaced counties.

A liquor store study for Colorado Springs: the tests

Colorado Springs, CO liquor store work begins from this record, then narrows to one address. Colorado Springs reviewers will check the mix of spirits, wine and beer. For Colorado Springs, the study should address the license itself, if bought. Colorado Springs borrowers should expect the study to document hours, delivery and tax rules adopted. In Colorado Springs, underwriters will ask the study to address competing package stores and passing traffic. Colorado Springs lenders need the study to show margin by category, not a blend. Colorado Springs work runs demand, cost, coverage, value. A Colorado Springs study guarantees nothing to lenders.