Cruisin' Tikis, 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 S4173)

6 deals since 2020 · typical deal $590K

Deals since 2020

$590K

Typical deal

Deals since FY2025

—

Too few deals to score risk

Cruisin' Tikis has 6 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 Cruisin' Tikis

Most Cruisin' Tikis deals financed between $90K and $1.02M. Above $1.02M, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$590K

Monthly payment (10-yr): $7,715
Down payment (10%): $66K
Cash to close (all-in): $88K

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 ~$88K)

Experience

Recent financings

Cruisin' Tikis Leisure Group, LLC in Riviera Beach, FL — $590K (2026) · purchase · VelocitySBA, LLC
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$443K (75%)
Approval → funding
24 days
Approved
11/24/2025
First disbursed
12/18/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Change of Ownership
Industry
All Other Consumer Goods Rental
If you were the buyer here
Est. deal size
$656K
Est. down payment (10%)
$66K
Est. cash at closing
$88K
Monthly payment
$7,797
Annual debt service
$94K
Cash flow needed (1.25×)
$117K
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 VelocitySBA, LLC · Lender record →
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Dynamic Investments Tikis LLC in Destin, FL — $2.2M (2025) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.6M (75%)
Approval → funding
35 days
Approved
2/28/2025
First disbursed
4/4/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
29
Business age
Change of Ownership
Industry
Scenic and Sightseeing Transportation, Water
If you were the buyer here
Est. deal size
$2.4M
Est. down payment (10%)
$239K
Est. cash at closing
$329K
Monthly payment
$27,833
Annual debt service
$334K
Cash flow needed (1.25×)
$418K
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 The Huntington National Bank · Lender record →
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Destin Tikis LLC in Destin, FL — $150K (2023) · Bank of America, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$75K (50%)
Approval → funding
15 days
Approved
11/22/2022
First disbursed
12/7/2022
Loan status
Paid in full (4/30/2025)
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Scenic and Sightseeing Transportation, Water
Funded by Bank of America, National Association · Lender record →
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MJ Charters LLC in Waretown, NJ — $40K (2023) · TD Bank, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
12.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$20K (50%)
Approval → funding
9 days
Approved
3/27/2023
First disbursed
4/5/2023
Loan status
Current
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Scenic and Sightseeing Transportation, Water
Funded by TD Bank, National Association · Lender record →
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Destin Tikis LLC in Destin, FL — $1.0M (2022) · Bank of America, National Association
Program
Preferred Lenders Program
Rate at approval
3.24% fixed
Term
96 mo (8 yrs)
SBA guaranteed
$763K (75%)
Approval → funding
7 days
Approved
4/25/2022
First disbursed
5/2/2022
Loan status
Paid in full (4/30/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Scenic and Sightseeing Transportation, Water
Funded by Bank of America, National Association · Lender record →
Your business? Claim this record · Request removal
Orange Beach Tikis LLC in Destin, FL — $90K (2021) · Community Bank of Mississippi
Program
Preferred Lenders Program
Rate at approval
5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$77K (85%)
Approval → funding
45 days
Approved
12/15/2020
First disbursed
1/29/2021
Loan status
Paid in full (7/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Startup, Loan Funds will Open Business
Industry
Scenic and Sightseeing Transportation, Water
Funded by Community Bank of Mississippi · Lender record →
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Who funds Cruisin' Tikis — and where

Every dot is a financed Cruisin' Tikis — 5 mapped.

Financed Cruisin' Tikis locations — list all 5 as text

Orange Beach Tikis LLC — Destin · $90K · FY2021 · Scenic and Sightseeing Transportation, Water
Destin Tikis LLC — Destin · $150K · FY2023 · Scenic and Sightseeing Transportation, Water
Cruisin' Tikis Leisure Group, LLC — Riviera Beach · $590K · FY2026 · All Other Consumer Goods Rental
Destin Tikis LLC — Destin · $1.0M · FY2022 · Scenic and Sightseeing Transportation, Water
Dynamic Investments Tikis LLC — Destin · $2.2M · FY2025 · Scenic and Sightseeing Transportation, Water

Top lenders for this brand

Most active states

1.Florida (5 loans)
2.New Jersey (1 loans)

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Insider move

Start with the lenders above — a bank that's funded Cruisin' Tikis 2 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 Cruisin' Tikis lending specialist.

Common questions

How much does a Cruisin' Tikis cost to buy or open?

The typical deal for Cruisin' Tikis is $590K across 6 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $65K of buyer cash on a typical deal.

How risky is Cruisin' Tikis?

Cruisin' Tikis has 6 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 Cruisin' Tikis with an SBA loan?

Yes — Cruisin' Tikis 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 Cruisin' Tikis franchise

Most Cruisin' Tikis 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 Cruisin' Tikis deal financed for $590K, which points to about $65K of buyer cash on a typical purchase. Cruisin' Tikis is listed in the SBA Franchise Directory (identifier S4173), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Cruisin' Tikis — 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 Cruisin' Tikis — 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 Cruisin' Tikis — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Cruisin' Tikis is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

6 SBA 7(a) deals since 2020
$590K typical deal
2 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S4173)
Top lenders: Bank of America, National Association, Community Bank of Mississippi, VelocitySBA, LLC

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/cruisin-tikis
API:: https://www.capbench.com/api/public/franchises/cruisin-tikis
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.

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