Quick Service Restaurant Feasibility Study in Nevada

Clark County drives Nevada quick service

Clark County holds 200 of Nevada's 256 quick-service restaurant approvals, so the state's SBA record for the class is in practice a Clark County record. Across FY2017 to FY2026 those 256 loans carried $114.5 million; Nevada ranks 26 of 54 among states and the class ranks 2 of 39 among Nevada classes, with a location quotient of 1.14x. The median loan, $350,000, is 1.13x the national class median, and our screen flags nothing.

Brands and lenders

Franchise units are 55.1% of the loans and the middle half runs $149,500 to $544,775. SBA 7(a) carries 236 approvals and SBA 504 carries 20. U.S. Bank, National Association holds 23 loans worth only $1.1 million, a small-ticket book, while Zions Bancorporation, National Association has 20 worth $10.6 million, The Huntington National Bank 17 worth $4.4 million, America First Federal Credit Union 16 worth $7.5 million and Wells Fargo Bank National Association 14 worth $4.4 million. Washoe County follows Clark at a distance, with 38 approvals.

Losses and cancellations in Nevada

Nevada's quick-service book has taken real losses. Of the 101 loans that funded over FY2017 to FY2021, 7.9% or more are charged off, and 5.0% failed before their fifth year. The cancellation floor is 14.4% of FY2017 to FY2024 approvals, with a 14.9% ceiling. Annual volume peaked at 40 approvals in FY2025, though those loans totalled only $10.8 million.

A Nevada quick-service study should focus on the corner, not the county. With so much volume in Clark County, saturation is the core demand question: how many units of the same and competing brands already draw on the site's traffic, and what a new one would take from them. Cost should be the franchisor's build specification priced locally, with equipment and opening costs. Coverage needs to absorb royalties, advertising contributions and labour costs that rise faster than menu prices, and a stress case at lower unit sales, since losses here arrive early. An appraisal of an owned pad depends on the rent another operator would pay, which the study should document.

These are SBA-guaranteed loans only, attributed to the industry code the borrower gave, and Nevada's rates are minimums.