SBA 7(a) Grocery Store Feasibility Study in Colorado

What Colorado adds to the national grocery store picture

Set beside the country, Colorado contributes 29 SBA 7(a) loans for grocery store projects, $21.4 million overall, FY2017 to FY2026. In Colorado the class stands 22 of 39, and Colorado itself ranks 23 among states for grocery store. The $315,500 median is 1.02x of the grocery store median nationwide under SBA 7(a), so Colorado sits close to what grocery store tickets show elsewhere. In Colorado, half of grocery store loans fall from $100,000 to $920,000, and franchising marks 0.00% of Colorado grocery store loans.

The grocery store holder table and map for Colorado

The Huntington National Bank tops the Colorado grocery store holder list on 5 loans and $1.3 million. Colorado names follow SBA's current-holder field. Arapahoe County, 10 loans, Adams County, 6 loans, Denver County, 6 loans, El Paso County, 3 loans and Archuleta County, 1 loan: those are the leading Colorado grocery store places.

Year-by-year volume in Colorado

The Colorado grocery store record opens at 4 loans and $2.3 million in FY2017, peaks at 7 loans ($4.9 million) in FY2023, and Colorado closes the series at 3 loans and $5.3 million in FY2026. FY2020 show no Colorado grocery store approvals.

Floors for grocery store lenders to read

The Colorado grocery store cancellation rate is held back: grocery store approvals are too few, so this Colorado page offers no grocery store figure for it. For Colorado grocery store loans, no Colorado charge-off rate is shown for grocery store funded FY2017 to FY2021: the Colorado cohort is under the threshold, and for grocery store that is not zero.

Colorado grocers: proof before the loan

A Colorado grocery plan has to demonstrate volume against thin margins. The study should define the trade area, count supermarkets, natural-food stores and discounters in reach, and test sales per square foot against local spending. Perishables, labour and shrink drive cost, and an acquisition should reconcile to the seller's sales record. Investment is set against loans centred near $315,500, with coverage tested if a competitor opens nearby.

Colorado grocers: a short note

No caveat is attached to the grocery class, so Colorado figures speak to it directly.