Liquor Store Feasibility Study in the Fort Collins-Loveland, CO Metro Area

Liquor stores with a high quotient

In Fort Collins-Loveland, liquor store loans rank at 4 of 39 within Fort Collins-Loveland's own classes, and the area is 34 of 426 nationally for them. SBA approved 28 loans worth $23.7 million from FY2017 to FY2026, all of them in Larimer County. Set beside the national mix, Fort Collins-Loveland yields 2.52x: liquor store loans take a larger share there. The 2.52x is the largest ratio on this Fort Collins-Loveland page.

At $645,000, the Fort Collins-Loveland median loan is 1.43x the national median across liquor stores, and $288,250 marks the lower quartile and $1.2 million the upper. The franchise share is 0.00%. The page does not print the way the Fort Collins-Loveland loans split throughout the two SBA programs in Fort Collins-Loveland in Fort Collins-Loveland. Everything above describes SBA loans in Fort Collins-Loveland; other money for liquor store projects in Fort Collins-Loveland lies outside these figures.

One dominant holder

$16.6 million of the 7(a) loans, 14 in number, sit with Hanmi Bank. That is a big share of the loans and the dollars in the Fort Collins-Loveland cell, held by one institution. The entry is of ownership today, not of credit policy.

Two years print: FY2018 brings no loans and $0 and FY2021 with 6 loans and $5.2 million. Loan Analytics does not print Fort Collins-Loveland's two outcome rates given that the Fort Collins-Loveland FY2017 to FY2021 cohort counts under 30 loans, so in Fort Collins-Loveland Loan Analytics' own rule bites. A missing rate in Fort Collins-Loveland is unknown, not nil.

A Fort Collins liquor store plan should establish the sales a site can generate, set stock and fit-out against a loan near the elevated $645,000 median, and test rent or ownership against margin. With a quotient this high and one county holding every loan, explain what leaves room for one more store here, and for a purchase tie the price to earnings and address the licence transfer. The federal delineation draws Fort Collins-Loveland; so loans from counties Fort Collins-Loveland fails to match stay absent from its totals.

Reading the Fort Collins-Loveland figures

One institution holds 14 of the 28 loans, and every loan sits in Larimer County, so the precedent set is narrow in both lender and place. A lender will read a high quotient and a median well above the national one and will ask what supports the volume. A sponsor should expect that question and should bring local evidence of demand, since a class this concentrated invites the doubt that the trade area is already served.