Financing a sporting goods stores acquisition in Connecticut

State:

Arizona (2)California (3)Colorado (7)Florida (8)Georgia (2)Idaho (1)Illinois (1)Indiana (1)Kansas (2)Massachusetts (2)Michigan (4)Minnesota (8)

The SBA 7(a) lenders funding the most sporting goods stores acquisitions in Connecticut, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance sporting goods stores in Connecticut

$264K

Typical loan

range $100K–$264K

$293K

Est. purchase price

≈ loan ÷ 90%

$39,233

Cash to close

$29,333 down + fees

$3,637/mo

Typical payment

~11% · 10yr

$50,191/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

37 days

Typical time to fund

Lenders competing

more = leverage

4.63%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active in sporting goods stores · Connecticut

Ranked by funded sporting goods stores acquisitions in Connecticut. Tap a lender for its full record, or hit Get in touch for an introduction.

Not enough public sporting goods stores loan history in Connecticut to rank lenders yet. See sporting goods stores lenders nationwide →

2+ funded Sporting Goods Stores in Connecticut deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Chris' Cycle Centre, LLC in Mystic, CT — $264K (2020) · purchase · Chelsea Groton Bank
Program
Preferred Lenders Program
Rate at approval
4.5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$198K (75%)
Approval → funding
37 days
Approved
6/24/2020
First disbursed
7/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Sporting Goods Stores
If you were the buyer here
Est. deal size
$293K
Est. down payment (10%)
$29K
Est. cash at closing
$39K
Monthly payment
$3,670
Annual debt service
$44K
Cash flow needed (1.25×)
$55K
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 Chelsea Groton Bank
Your business? Claim this record · Request removal
Chris' Cycle Centre, LLC in Mystic, CT — $100K (2020) · purchase · Chelsea Groton Bank
Program
Preferred Lenders Program
Rate at approval
4.75% variable
Term
84 mo (7 yrs)
SBA guaranteed
$75K (75%)
Approval → funding
28 days
Approved
7/3/2020
First disbursed
7/31/2020
Loan status
Paid in full (1/31/2022)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Sporting Goods Stores
If you were the buyer here
Est. deal size
$111K
Est. down payment (10%)
$11K
Est. cash at closing
$14K
Monthly payment
$1,402
Annual debt service
$17K
Cash flow needed (1.25×)
$21K
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 Chelsea Groton Bank
Your business? Claim this record · Request removal

Financing a sporting goods stores deal in Connecticut? Start with the right lender

We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.

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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.

CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to sporting goods stores businesses with a Connecticut project address.

Agent summary

How to finance a sporting goods stores acquisition in Connecticut with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Connecticut deals. CapBench is not a lender.

$581K typical loan
1 lenders active in Connecticut
2+ funded Connecticut deals
37 days typical to fund

Buyers buying a sporting goods stores in Connecticut typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All sporting goods stores lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/sporting-goods-stores/connecticut
API:: https://www.capbench.com/api/public/lenders?industry=sporting-goods-stores&state=CT
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.