Quick Service Restaurant Feasibility Study in the San Francisco-Oakland-Fremont, CA Metro Area

324 limited-service restaurant loans in San Francisco

SBA's loan files show 324 authorized limited-service restaurant loans in San Francisco from FY2017 to FY2026, $167.1 million in gross dollars. A middle-of-the-road loan is $304,000; the middle half spans $150,000 to $675,500. Set against the national median for limited-service restaurant, San Francisco, CA stands at 0.98x, placing it below it.

Rank 13 of 779: mix and counties in San Francisco-Oakland-Fremont

7(a) is the larger program here: 293 loans in 7(a), 31 in 504. The 293 7(a) loans around San Francisco, CA carry room for working capital; the 31 504 loans stay with fixed assets. 36.1% of San Francisco-Oakland-Fremont loans went to franchised units. Of all areas, San Francisco-Oakland-Fremont is 13 of 779 on limited-service restaurant loans; of all classes in San Francisco-Oakland-Fremont, limited-service restaurant is 2 of 39. A location quotient of 1.14x leaves limited-service restaurant denser in San Francisco-Oakland-Fremont than nationally, a sign of both depth and crowding. The busiest counties: Alameda County, CA at 118 loans, Contra Costa County, CA at 68, San Francisco County, CA at 67.

Lenders and floors behind 324 San Francisco loans

The busiest shown year was FY2018, 50 loans and $20.6 million; the quietest was FY2021, 13 loans and $9.3 million. San Francisco, CA 7(a) holders, ranked by loans: U.S. Bank, National Association, 25 loans, $4.6 million; United Business Bank, 13 loans, $9.0 million; Wells Fargo Bank National Association, 13 loans, $4.2 million. The 7(a) ranking splits: U.S. Bank, National Association on loan count, United Business Bank on dollars approved. U.S. Bank, National Association shows 25 loans only as SBA names it holder; the $4.6 million says nothing about lending standards. SBA 504 loans in San Francisco are listed to 14 loans and $11.5 million at Bay Area Employment Development Company and 9 loans and $7.9 million at The Mortgage Capital Development Corporation. In San Francisco, the cancelled share is at least 12.9%; a ceiling would need more loans than the cell holds, so it is withheld. The charge-off floor, 8.1% of 148 disbursed loans, includes 4.1% written off inside five years of approval.

Testing a limited-service restaurant project in San Francisco

Revenue around San Francisco-Oakland-Fremont rests on commuter flow past the site, delivery and pickup demand and the daypart mix, built from the ground up, not from 324 past loans. On cost, the San Francisco-Oakland-Fremont study prices the equipment package, the drive-through lane and the pad or buildout against San Francisco lease terms and San Francisco contractors. Coverage in San Francisco is tested at $304,000, $150,000 and $675,500 alike, since the record spans that range. Last comes the appraisal around San Francisco-Oakland-Fremont, where franchise-dependent business value, the lease terms and the equipment package each need support ahead of the San Francisco, CA appraiser asks. Past lending does (324 loans in all) not decide the next application: the 324 San Francisco loans frame the study, and nothing more.

Method for San Francisco's 324 loans

San Francisco gets its 324 loans through each project's county. Alameda County, CA is in San Francisco-Oakland-Fremont under the July 2023 delineation, one county paired by name among several. San Francisco, CA cancellation covers FY2017 to FY2024 approvals around San Francisco-Oakland-Fremont; charge-offs cover FY2017 to FY2021 disbursements.