Restaurant Feasibility Study in the Wichita, KS Metro Area

Restaurant lending in the Wichita metro

The Wichita, KS Metro Area shows 37 SBA loans to full-service restaurants from FY2017 to FY2026, for $16.2 million in gross dollars. Restaurants hold second place of 39 classes locally, and Wichita is 127 of 821 in the area-by-area ranking for restaurant loans. A location quotient of 0.78x means restaurants are a thinner slice of Wichita's SBA lending compared with the national picture. Wichita's median of $250,000 is 0.91x what the class shows nationally, and its central half of loans stretches from $141,500 to $612,000. No single figure here is distinctive for the cell.

Programs and the franchise question

The count is 32 for SBA 7(a) against 5 for SBA 504, so working capital and equipment financing outweigh real estate. Franchise affiliation is 13.5%, which leaves most projects as independent concepts. SBA lists Emprise Bank as current holder of 16 loans in the 7(a) program, together worth $4.1 million. That describes holdings only; it is not a statement about what the bank requires or how it decides.

What can and cannot be shown by year

FY2021 shows 6 loans and $3.3 million, and FY2024 shows 9 loans and $3.2 million. The remaining years each carry too few loans to print and are left blank, not zero. Cancellation and charge-off rates do not appear, by Loan Analytics' own rule: Wichita's FY2017 to FY2021 disbursements number under 30, so a borrower should not infer that the rates are low.

Testing a restaurant project here

The Wichita study has to test whether the concept can carry debt service at a $250,000 loan or at the upper edge near $612,000. It should build sales from covers, check, and a defensible opening ramp, test occupancy and labor against that, and show how much of the project is equipment and how much is improvements. The appraisal will lean on cash flow, so the study should reconcile its forecast to the lender's likely value. A loan counts toward Wichita when its project county sits in the area on the July 2023 map, and one whose county cannot be placed is not counted. Nothing on this page predicts whether any particular application would be approved.