Restaurant Feasibility Study in the Orlando-Kissimmee-Sanford, FL Metro Area

Sizing up 224 Orlando-Kissimmee-Sanford loans

Gross approvals of $184.7 million cover 224 full-service restaurant loans in the Orlando area over FY2017 to FY2026, and the median loan is $518,500, with the middle half running $233,050 up to $1.1 million. Against the class nationally, Orlando-Kissimmee-Sanford's median is 1.89x of the national median, above it.

Orlando-Kissimmee-Sanford against the nation at 0.79x

In Orlando the program split reads 203 for 7(a) against 21 for 504, with 7(a) ahead. Program mix favors 7(a) heavily. 16.1% of Orlando loans went to franchised units. Nationally Orlando stands 31 of 821 for full-service restaurant loans, while inside Orlando the class is 2 of 39 among classes. The Orlando quotient is 0.79x, meaning the class lighter in Orlando, FL than nationwide. By county, Orange County, FL leads with 137 loans, then Seminole County, FL with 37 and Osceola County, FL with 28.

Orlando-Kissimmee-Sanford lenders, years and the $184.7 million file

By year, FY2025 leads with 32 loans and $15.7 million, while FY2020 trails with 14 and $13.0 million. Orlando 7(a) holders, ranked by loans: 15 loans and $6.3 million at The Huntington National Bank; 15 loans and $5.5 million at Newtek Bank, National Association; 12 loans and $15.4 million at Truist Bank. The Huntington National Bank holds the most loans yet Truist Bank the most dollars, so count and size point to different lenders. The Huntington National Bank appears because SBA lists it as holder of 15 loans; which shows what it holds and nothing of what it requires. SBA 504 loans in Orlando, FL are listed to 11 loans and $8.8 million at Florida Business Development Corporation. Lenders in Orlando saw cancellation of at least 13.1%; counting loans still undisbursed, it could be 13.1%. The $184.7 million Orlando file carries no charge-off rate, because the matching cohort is thin, and the blank is not zero.

The Orlando study in Orlando: demand, cost, coverage, appraisal at $1.1 million

Demand comes first: in Orlando, full-service restaurant sales depend on the number of competing full-service rooms, how often a table turns and household dining spend, and no count of 224 loans settles those. Then Orlando, FL costs: kitchen and bar equipment, a labor model that holds up at ordinary sales and opening inventory, each checked for Orlando, FL and compared with the $518,500 median loan. Coverage in Orlando-Kissimmee-Sanford is tested at $518,500, $233,050 and $1.1 million alike, as the record spans that range. Orlando appraisers will value the kitchen equipment, the operating business and the building one at a time, so the Orlando study should do the same. The $184.7 million Orlando file is a yardstick across Orlando, not a forecast, and promises no Orlando borrower approval.

What the Orlando-Kissimmee-Sanford figures cannot say about full-service restaurant

By project county, Orlando, FL claims 224 loans. The July 2023 delineation puts Orange County, FL inside Orlando-Kissimmee-Sanford, and every county is paired by name. Each rate names its own cohort years across Orlando, and the two spans are not the same.