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Chevys Fresh Mex

Chevys Fresh Mex

Franchising since 1986 · 2 locations

Ongoing royalties are 4%. Chevys Fresh Mex currently operates 2 locations (2 franchised). The top SBA 7(a) lenders for Chevys Fresh Mex are Busey Bank, Twin Cities-Metro Certified De and Bank of America. PeerSense FPI health score: 23/100.

Total Units

2

2 franchised

FPI Score
Low
23

Proprietary PeerSense metric

Limited
Capital Partners
3lenders available

Active capital sources verified for Chevys Fresh Mex financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Limited Data
23out of 100
Limited

SBA Lending Performance

SBA Default Rate

50.0%

2 of 4 loans charged off

SBA Loans

4

Total Volume

$2.7M

Active Lenders

3

States

3

Top SBA Lenders for Chevys Fresh Mex

What is the Chevys Fresh Mex franchise?

The Chevys Fresh Mex franchise represents a distinctive and highly compelling offering within the intensely competitive full-service restaurant sector, focusing on a vibrant, authentic, and contemporary interpretation of Mexican cuisine. This esteemed brand meticulously positions itself on the unwavering promise of incredibly fresh, premium-quality ingredients, artfully handcrafted dishes prepared with culinary precision, and an energetic, genuinely inviting dining atmosphere meticulously designed to transport guests to a festive and truly memorable culinary experience. With a core philosophy centered unequivocally on "Fresh Mex," the concept emphatically emphasizes made-from-scratch preparations, often featuring ingredients meticulously sourced for their superior quality, inherent freshness, and local provenance whenever possible, thereby reflecting a profound and uncompromising commitment to culinary integrity that profoundly resonates with discerning diners across various demographics and taste preferences. This unwavering dedication extends rigorously to signature elements such as warm, freshly prepared tortillas made in-house throughout the day, savory salsas crafted daily from ripe produce, and premium guacamole expertly prepared tableside, significantly enhancing the interactive, engaging, and utterly immersive dining experience for every cherished guest. The strategic market position of the Chevys Fresh Mex franchise hinges crucially on its ability to consistently deliver outstanding quality, exceptional value, and a truly memorable guest journey in an environment that is both genuinely welcoming and dynamically engaging, appealing to a broad demographic seeking both comfort and an exhilarating culinary adventure in their dining choices. As of its current operational snapshot, the Chevys Fresh Mex franchise maintains a foundational footprint of 4 total units, strategically establishing its initial presence in key markets with deliberate consideration. These initial locations, while representing an early and carefully managed stage of expansion, are unequivocally crucial in demonstrating the brand

FPI Score

23/100

SBA Default Rate

50.0%

Active Lenders

3

Key Highlights

Data Insights

Key performance metrics for Chevys Fresh Mex based on SBA lending data

SBA Default Rate

50.0%

2 of 4 loans charged off

SBA Loan Volume

4 loans

Across 3 lenders

Lender Diversity

3 lenders

Avg 1.3 loans per lender

Chevys Fresh Mex — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2012

1 approvals — best year on record for Chevys Fresh Mex.

Top SBA State

Illinois

2 SBA-financed Chevys Fresh Mex locations — the densest operator footprint.

Average Loan Size

$663K

Median $811K — use as a sizing anchor when modeling your own $Chevys Fresh Mex unit.

Lender Concentration

100%

Concentrated

Share of Chevys Fresh Mex approvals captured by the top 3 SBA lenders.

Chevys Fresh Mex's SBA lending pipeline peaked in 2012 (1 approvals). Operator density is highest in Illinois with 2 SBA-financed locations. Average funded ticket sits at $663K, with the median at $811K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Chevys Fresh Mexunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Chevys Fresh Mex