Quick Service Restaurant Feasibility Study in the Greenville-Anderson-Greer, SC Metro Area

Franchise-heavy quick service in the Upstate

Greenville-Anderson-Greer posts the highest franchise share of its peer group in this batch, 62.9%, so almost two in three quick-service loans here carry a brand. Between FY2017 and FY2026 SBA lists 62 limited-service restaurant loans, $35.5 million approved in total. A median of $352,000 is 1.13x the class figure for the nation, with the central half spanning $269,500 to $693,750. Greenville ranks 56 of 779 in the metro and micro field, and limited-service dining is 2 of 39 locally.

Weight, program and geography

A location quotient of 1.17x says limited-service restaurants carry more than their national share of local lending. Greenville's 7(a) and 504 counts are withheld. Greenville County, SC accounts for 40 loans and Anderson County, SC for 14, so the record centers on the Greenville corridor with a secondary pocket to the southwest.

Four named holders and the calendar

On the 7(a) side, Countybank has 8 loans ($5.8 million), Stearns Bank National Association 8 ($1.8 million), United Community Bank (SC) 6 ($3.8 million), and Live Oak Banking Company 5 ($3.0 million). Read those as recorded holdings, not as lender profiles; note how Countybank's dollars outrun Stearns Bank's on the same count. By year, FY2017 had 7 loans and $1.8 million, FY2019 had 5 and $2.0 million, FY2021 had 8 and $6.3 million, FY2022 had 9 and $5.4 million, FY2023 had 9 and $8.4 million, FY2024 had 5 and $1.9 million, FY2025 had 8 and $4.0 million and FY2026 had 5 and $3.2 million. FY2018 and FY2020 are withheld.

Floor, ceiling and gaps

Cancellation after approval stands at least 12.2% for FY2017 to FY2024 approvals, and a ceiling that counts Greenville's undisbursed loans as cancelled is also 12.2%. No charge-off rate is printed, and its absence is not a zero. County placement uses name matching against the July 2023 area list.

Greenville study checklist

Because a franchisor's sales assumptions can differ from a corridor's real traffic, the study should test counts and household density on the road in question and compare any brand's projection with the nearby units already operating. Cost work covers the pad, the kitchen line and the drive-through. Run coverage at $352,000 and at $693,750, and have the appraiser separate real estate, equipment and franchise rights.