Skip to main content
← All franchisesClaim this listing

A&W, by the numbers

Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S0029)

12 deals since 2020 · typical deal $1.0M

12

Deals since 2020

$1.0M

Typical deal

2

Deals since FY2025

—

Too few deals to score risk

A&W has 12 SBA deals on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for A&W

Most A&W deals financed between $700K and $1.50M. Above $1.50M, you're paying more than 75% of buyers did — make the seller earn it.

Monthly payment (10-yr)
$13,430
Down payment (10%)
$114K
Cash to close (all-in)
$156K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$156K)

Experience

Recent financings

  • JBB Properties, LLC in Jefferson, IA — $1.5M (2025) · purchase · Atlantic Union Bank
  • 151 Restaurant LLC in Darlington, SC — $845K (2025) · Milestone Bank
  • Umu Onoh Inc. in Eaton, CO — $1.6M (2023) · purchase · The Bancorp Bank National Association
  • SM Property Group LLC in Garden City, MI — $700K (2023) · Michigan Schools and Government Credit Union
  • Gurkirpa Real Estate Investment Group LLC in Ellis, KS — $1.4M (2022) · Bank of Hays
  • Kaufman Smith Enterprise, LLC in Menominee, MI — $233K (2022) · First National Bank & Trust Co
  • Nisswa A & W in Brainerd, MN — $163K (2022) · First Western Bank & Trust
  • HL Pit Stop L.L.C. in Howard Lake, MN — $2.1M (2021) · Harvest Bank
  • Fuel Express Food Mart Inc. in Dubuque, IA — $1.4M (2021) · purchase · Hometown Bank
  • Victual Inc. in Boscobel, WI — $1.0M (2021) · purchase · Clare Bank, National Association

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Free · No documents · Usually same-day

Serious about buying a A&W?

Get qualified with a franchise lending specialist before discovery day — know your number first.

A&W brand mark

Who funds A&W — and where

Every dot is a financed A&W — 12 mapped.

Financed A&W locations — list all 12 as text

Top lenders for this brand

  1. 1.Hometown Bank(1)
  2. 2.Clare Bank, National Association (1)
  3. 3.The Bancorp Bank National Association(1)
  4. 4.Michigan Schools and Government Credit Union(1)
  5. 5.Atlantic Union Bank(1)

Most active states

  1. 1.Michigan (3 loans)
  2. 2.Iowa (2 loans)
  3. 3.Minnesota (2 loans)
  4. 4.Wisconsin (1 loans)
  5. 5.Colorado (1 loans)
  6. 6.South Carolina (1 loans)
  7. 7.Kansas (1 loans)
  8. 8.Arkansas (1 loans)

Represent A&W?

Claim this brand page free to keep the numbers in context, add your story, and hear about qualified buyers early.

Claim this listing

Common questions

How much does a A&W cost to buy or open?

The typical deal for A&W is $1.0M across 12 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $113K of buyer cash on a typical deal.

How risky is A&W?

A&W has 12 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a A&W with an SBA loan?

Yes — A&W has been SBA-financed 2 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a A&W franchise

Most A&W buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical A&W deal financed for $1.0M, which points to about $113K of buyer cash on a typical purchase. A&W is listed in the SBA Franchise Directory (identifier S0029), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund A&W — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for A&W — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for A&W — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. A&W is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

  • 12 SBA 7(a) deals since 2020
  • $1.0M typical deal
  • 2 deals since FY2025
  • Too few deals to score a reliable failure rate
  • SBA Franchise Directory: listed (identifier S0029)
  • Top lenders: Hometown Bank, Clare Bank, National Association, The Bancorp Bank National Association

Next steps

Check SBA fitFind SBA lenders$9 lender report
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/franchises/a-w
API:
https://www.capbench.com/api/public/franchises/a-w
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

Still have questions about buying a A&W?

Five minutes with a specialist who's seen A&W deals close answers more than an hour of searching. Free, usually same-day.

Represent A&W?

Claim this brand page to keep the numbers in context, add your story, and hear about qualified buyers early.

Claim this listingRequest removal

CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with A&W.

Scroll