Median prices, SDE multiples, and financing data for qsr franchise acquisitions. Source: BizBuySell Franchise Sector Report 2024.
Median Acquisition Price
$650K
Median Annual Revenue
$1.50M
Median SDE
$180K
SDE Multiple Range
2.5x–4x
Typical LTV
85%
Avg Down Payment
15%
Avg DSCR
1.35x
Time to Close
3–8 mo
SBA Eligibility
~88%
Common deal structures
Approximately 88% of qsr franchise transactions use SBA financing. SBA 7(a) is the most common structure, with a minimum 10% equity injection on the acquisition price. At a median price of $650K, that means approximately $65K out of pocket before closing costs and working capital.
DSCR requirement: SBA lenders require ≥ 1.25x on projected post-acquisition cash flow. The average DSCR on closed qsr franchise transactions is approximately 1.35x — meaning there is typically adequate headroom.
Data sources:
BizBuySell Franchise Sector Report 2024
IBBA Market Pulse Q4 2024
International Franchise Association
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