FranchiseRanked

Buy-Rite Liquors - License Agreement

RetailSBA loans FY2021–FY2022

3

SBA Loans

$7.0M

Total Financed

$2.3M

Avg Loan Size

—

YoY Loan Growth

How Buy-Rite Liquors - License Agreement Compares

  • Ranks #190 of 413 Retail brands by SBA loan count (#1,771 of 3,543 overall).
  • Its average loan of $2.3M is 462% above the Retail median of $415K.
  • With only 3 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20212$2.1M
FY20221$4.9M

FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Buy-Rite Liquors - License Agreement Is Getting SBA-Financed

Recent SBA-Financed Buy-Rite Liquors - License Agreement Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

Shrijee International USA Inc.SOUTH ORANGE, NJ
$4,900,0002022-01-24
K&S Wine & Spirits LLCHackensack, NJ
$1,100,0002020-12-08
V&M Wine and Spirits LLCFairview, NJ
$1,000,0002020-11-20

Frequently Asked Questions

Is Buy-Rite Liquors - License Agreement growing or shrinking?

Buy-Rite Liquors - License Agreement doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #190 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Buy-Rite Liquors - License Agreement franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $2.3M (462% above the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Buy-Rite Liquors - License Agreement?

Buy-Rite Liquors - License Agreement only has 3 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.

Top SBA Lenders

  • BCB Community Bank1
  • Wilmington Savings Fund Society FSB1
  • Peapack Private Bank and Trust1
Planning to finance a retail purchase?

Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.

Source: SBA 7(a) FOIA loan dataset. View dataset