Quick Service Restaurant Feasibility Study in the Denver-Aurora-Centennial, CO Metro Area

The $351,000 median in Denver

In the Denver area, 231 limited-service restaurant loans carry $126.7 million of approved dollars across FY2017 to FY2026. Half of the loans fall between $163,000 and $628,500, around a median of $351,000. Against the national class median the Denver median comes to 1.13x, which puts typical loans here above the national middle.

Denver, CO ranks 18 of 779 for limited-service restaurant

Program counts are 225 for 7(a) and 6 for 504. Branded units account for 49.8% of Denver loans in this class. Across the country Denver-Aurora-Centennial stands 18 of 779 for limited-service restaurant loans, while inside Denver the class is 3 of 39 among classes. A location quotient of 0.74x puts limited-service restaurant lighter in Denver than nationally. Denver County, CO tops the county list at 77 loans; Arapahoe County, CO follows with 57, then Jefferson County, CO with 31.

Lenders and floors behind 231 Denver loans

Denver, CO approvals were highest in FY2021 (31 loans, $24.8 million) and lowest in FY2026 (17 loans, $11.4 million). Denver-Aurora-Centennial 7(a) holders, ranked by loans: 25 loans and $5.2 million at The Huntington National Bank; 16 loans and $9.3 million at SouthState Bank, National Association; 12 loans and $3.3 million at Wells Fargo Bank National Association. The Huntington National Bank has the largest count of the three, and SouthState Bank, National Association the largest dollar total. The 25 loans at The Huntington National Bank are what SBA's file attributes to that holder; the file does not describe the bank's practices. The Denver cancellation floor is 10.8%, and no ceiling prints, since Loan Analytics withholds one on this cohort. The floor on charge-offs is 8.3% among 108 disbursed loans; the rate within five years of approval stays blank under Loan Analytics' small-count rule.

What a limited-service restaurant study in Denver, CO has to prove

The Denver-Aurora-Centennial demand test measures delivery and pickup demand, the daypart mix and commuter flow past the site, trade area by trade area across Denver-Aurora-Centennial. On cost, the Denver study prices franchise-related outlays, the equipment package and the drive-through lane against Denver lease terms and Denver, CO contractors. Stress Denver earnings with a $163,000 loan and a $628,500 loan, then check where coverage weakens. Denver appraisers will value franchise-dependent business value, the pad or building and the equipment package one at a time, so the Denver-Aurora-Centennial study ought to do the same. A $126.7 million record cannot approve a Denver project, and it is not a promise of funding.

Method for Denver, CO's 231 loans

Placement of 231 Denver loans runs on the project county. Matching Denver County, CO and its neighbors to Denver uses names under the July 2023 delineation. Denver cancellation covers FY2017 to FY2024 approvals across Denver-Aurora-Centennial; charge-offs cover FY2017 to FY2021 disbursements.