Restaurant Feasibility Study in the Greensboro-High Point, NC Metro Area

Full-service dining across the Greensboro-High Point area

Among the 39 classes in the Greensboro-High Point, NC Metro Area, full-service restaurants hold second place, with 37 SBA loans from FY2017 to FY2026 and $25.3 million in gross dollars. Against all 821 metro and micro areas, it comes in at 127 for this class. A location quotient of 0.91x puts restaurants slightly under their national weight in the area's SBA lending, so this is a steady staple rather than a specialty. The median loan of $491,000 runs at 1.79x the national restaurant median, and the middle half runs from $257,400 to $765,000. We do not call any of these figures distinctive for the cell.

Franchise share, holders and where the loans sit

Franchise affiliation is 16.2% of loans, which means most of these restaurants are independent. Guilford County accounts for 29 of the 37 loans. SBA names Bank of Oak Ridge as the biggest current 7(a) holder here, with 9 loans worth $8.2 million; the page shows that statement as SBA's record of loans held, not as a statement about how the bank lends. Program counts are absent here because one of them is below the display threshold.

Year by year and the withheld rates

The printed years are FY2017, FY2020 and FY2024. FY2017 had 5 loans for $3.7 million, FY2020 had 0 loans for $0, and FY2024 had 8 loans for $3.3 million. The zero is a full year with no loans in the class, not a gap in the data; other years, among them FY2018 and FY2019, hold too few loans to display. Neither rate is printed for Guilford County, whose FY2017 to FY2021 cohort supplies under 30 loans.

Testing a Greensboro restaurant

For a full-service restaurant here, the study should treat the $491,000 median as a starting point and test whether the proposed kitchen, dining room and any real estate land in the middle half or outside it. Sales per seat, a realistic opening ramp, occupancy cost and labor have to carry debt service with room to spare, and the lender's appraisal will rest on the going concern as much as the building. Counties are tied to the area by the July 2023 delineation; a project beyond them is absent from these figures. Nothing here predicts approval; it shows what SBA's records hold.