Quick Service Restaurant Feasibility Study in the Santa Maria-Santa Barbara, CA Metro Area

Limited-service restaurants in Santa Barbara County

Every one of the 33 limited-service restaurant loans in the Santa Maria-Santa Barbara, CA area is in Santa Barbara County, and together they carry $12.2 million of gross dollars over the span FY2017 to FY2026. Among the metro's 39 classes, limited-service restaurants hold second position. A location quotient of 1.31x shows quick-service restaurants taking more of the local SBA book than of the national one, and the metro is 105 of 779 in the ranking by these loans. The median loan, $216,000, is 0.69x the national median, with the middle half from $150,000 to $416,000. The 1.31x location quotient and the 0.69x median ratio pull in opposite directions: more than the national share of lending, in smaller loans.

Brands and the one named holder

About 27.3% of loans are franchised, which leaves most as independent operators. SBA's records list American Riviera Bank as holding 6 loans under 7(a), worth $2.5 million; the entry is a statement of holdings and not of lending policy. The page prints no program split, since one side is too thin.

What cannot be shown

This cell prints no year-by-year line, and its blank years are not zeros. All 33 loans sit in Santa Barbara County, so the thinness comes from spreading them across ten fiscal years, none of which gathers enough on its own. Santa Barbara County's cohort for FY2017 to FY2021 does not meet Loan Analytics' 30-loan rule, so cancellation and charge-off rates are not printed. The totals above are the dependable part of this record.

A feasibility study for a quick-service site here

The middle half of $150,000 to $416,000 is a modest range, so the study should lay out whether the project involves equipment, leasehold work or a building. It has to test sales per transaction and per day against the site's traffic, labor cost against the hours kept, and debt service coverage with a slow opening quarter. If the concept is franchised, royalty and marketing charges belong in the model, and the franchise agreement's term should outlast the loan. A borrower whose building is owned should add an appraisal view, because an appraiser will want the building valued apart from the business. A loan lands in this metro by project county, using the July 2023 delineation, and this page carries no promise of approval.