Chop Barbershop, 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 S4946)

2 deals since 2020 · typical deal $349K

Deals since 2020

$349K

Typical deal

Deals since FY2025

—

Too few deals to score risk

Chop Barbershop has 2 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 Chop Barbershop

Most Chop Barbershop deals financed between $310K and $349K. Above $349K, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$349K

Monthly payment (10-yr): $4,857
Down payment (10%): $39K
Cash to close (all-in): $52K

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 ~$52K)

Experience

Recent financings

Midtown Chop LLC in Tallahassee, FL — $349K (2025) · U.S. Bank, National Association
Program
Preferred Lenders Program
Rate at approval
7.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$262K (75%)
Approval → funding
45 days
Approved
5/12/2025
First disbursed
6/26/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
11
Business age
New Business or 2 years or less
Industry
Barber Shops
Funded by U.S. Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Raymar02 LLC in Holly Springs, NC — $310K (2025) · purchase · First Bank of the Lake
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$233K (75%)
Approval → funding
64 days
Approved
6/26/2025
First disbursed
8/29/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Change of Ownership
Industry
Beauty Salons
If you were the buyer here
Est. deal size
$344K
Est. down payment (10%)
$34K
Est. cash at closing
$46K
Monthly payment
$4,140
Annual debt service
$50K
Cash flow needed (1.25×)
$62K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal

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 Chop Barbershop?

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

Who funds Chop Barbershop — and where

Every dot is a financed Chop Barbershop — 2 mapped.

Financed Chop Barbershop locations — list all 2 as text

Raymar02 LLC — Holly Springs · $310K · FY2025 · Beauty Salons
Midtown Chop LLC — Tallahassee · $349K · FY2025 · Barber Shops

Top lenders for this brand

Most active states

1.North Carolina (1 loans)
2.Florida (1 loans)

Represent Chop Barbershop?

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

Claim this listing

Insider move

Start with the lenders above — a bank that's funded Chop Barbershop 1 times already knows the unit economics and approves faster than one learning the brand on your file.

Who should reach out?

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision. We'll introduce you to your pick or a comparable Chop Barbershop lending specialist.

Common questions

How much does a Chop Barbershop cost to buy or open?

The typical deal for Chop Barbershop is $349K across 2 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $38K of buyer cash on a typical deal.

How risky is Chop Barbershop?

Chop Barbershop has 2 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 Chop Barbershop with an SBA loan?

Yes — Chop Barbershop 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 Chop Barbershop franchise

Most Chop Barbershop 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 Chop Barbershop deal financed for $349K, which points to about $38K of buyer cash on a typical purchase. Chop Barbershop is listed in the SBA Franchise Directory (identifier S4946), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Chop Barbershop — 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 Chop Barbershop — 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 Chop Barbershop — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Chop Barbershop is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

2 SBA 7(a) deals since 2020
$349K typical deal
2 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S4946)
Top lenders: First Bank of the Lake, U.S. Bank, National Association

Next steps

Check SBA fit Find 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/chop-barbershop
API:: https://www.capbench.com/api/public/franchises/chop-barbershop
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 Chop Barbershop?

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

Represent Chop Barbershop?

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

Claim this listing Request removal

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