Elliott's Off-Broadway Deli
The total investment to open a Elliott's Off-Broadway Deli franchise ranges from $40,000 to $94,400. The initial franchise fee is $40,000.
What is the Elliott's Off-Broadway Deli franchise?
Elliott's Deli is a sit down restaurant serving deli food to diners. Estimated total initial investment is $40,000 to $94,400, with the initial franchise fee at the low end of that range.
The brand is headquartered in Downers Grove, Illinois.
Loan Activity Score
30/100
SBA Default Rate
9.5%
Active Lenders
11
According to its Franchise Disclosure Document or public business records, Elliott's Off-Broadway Deli has 17 locations, all owned by franchisees. Public SBA loan records show 11 lenders made 21 loans to franchisees of Elliott's Off-Broadway Deli. PeerSense calculates Elliott's Off-Broadway Deli's score as 30 out of 100, using public SBA loan performance and recent lending activity.
17 locations
$40,000 to $94,400
$40,000
17
17 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Elliott's Off-Broadway Deli
21
Total SBA loans
$69K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Elliott's Off-Broadway Deli
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
9.5%
vs 10.3% peer avg
SBA Loans
21
Total Volume
$1.4M
Active Lenders
11
States
2
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Elliott's Off-Broadway Deli based on SBA lending data
SBA Default Rate
9.5%
0.8% below peer avg
SBA Loan Volume
21 loans
Across 11 lenders
Lender Diversity
11 lenders
Avg 1.9 loans per lender
Investment Tier
Low cost entry
$40,000 to $94,400 total
Elliott's Off-Broadway Deli: 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
2002
4 approvals. The best year on record for Elliott's Off-Broadway Deli.
Top SBA State
Illinois
20 SBA financed Elliott's Off-Broadway Deli locations, the densest operator footprint.
Average Loan Size
$69K
Median $58K. Use as a sizing anchor when modeling your own Elliott's Off-Broadway Deli unit.
Lender Concentration
52.4%
Concentrated
Share of Elliott's Off-Broadway Deli approvals captured by the top 3 SBA lenders.
Elliott's Off-Broadway Deli's SBA lending pipeline peaked in 2002 (4 approvals). Operator density is highest in Illinois with 20 SBA financed locations. Average funded ticket sits at $69K, with the median at $58K. Lender mix is concentrated: the top three SBA lenders account for 52.4% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$414
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Elliott's Off-Broadway Deli, unit breakdown
Explore Funding for Elliott's Off-Broadway Deli
Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.
Or get an instant analysis
Scan Your Deal InstantlyPage Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman