Karmelkorn
2 locations
Karmelkorn currently operates 2 locations (2 franchised). The top SBA 7(a) lenders for Karmelkorn are INTRUST Bank, JPMorgan Chase Bank and Old Second National Bank. PeerSense FPI health score: 28/100.
2
2 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Karmelkorn 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)
SBA Lending Performance
SBA Default Rate
50.0%
2 of 4 loans charged off
SBA Loans
4
Total Volume
$0.3M
Active Lenders
4
States
4
Top SBA Lenders for Karmelkorn
What is the Karmelkorn franchise?
Karmelkorn stands as a distinctive offering within the vibrant and dynamic "Snack and Nonalcoholic Beverage Bars" segment, a category widely recognized for its universal appeal and readily accessible consumer base across diverse markets. The very name Karmelkorn immediately evokes a sense of nostalgic comfort and simple, yet profound, indulgence, strongly suggesting a core focus on classic, beloved treats that resonate deeply with individuals of all ages and backgrounds. With a current operational footprint comprising 4 total units, the Karmelkorn franchise operates as a specialized and focused entity, meticulously carving out its unique niche by likely emphasizing high-quality, freshly prepared snack items specifically designed to cater to immediate gratification and pleasurable culinary experiences. The brand's corporate headquarters are strategically situated in None, Illinois, serving as a crucial geographical anchor for its administrative functions and overarching operational guidance as it navigates the competitive and ever-evolving landscape of specialized food service. In a market frequently saturated with broad and diversified restaurant concepts, the Karmelkorn franchise distinguishes itself through its specific and dedicated product focus, aiming to perfect a particular culinary experience rather than dispersing efforts across an expansive menu. This concentrated approach inherently allows for significantly streamlined operations and the cultivation of a crystal-clear brand identity, which in turn appeals strongly to consumers actively seeking a dedicated destination for their specific snack and nonalcoholic beverage desires. The inherent simplicity often found in a focused menu contributes directly to notable operational efficiencies, making the Karmelkorn franchise an exceptionally intriguing prospect for those entrepreneurs interested in a specialized and efficient food business model. Its strategic positioning within the "Snack and Nonalcoholic Beverage Bars" category places it squarely
FPI Score
28/100
SBA Default Rate
50.0%
Active Lenders
4
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Karmelkorn based on SBA lending data
SBA Default Rate
50.0%
2 of 4 loans charged off
SBA Loan Volume
4 loans
Across 4 lenders
Lender Diversity
4 lenders
Avg 1.0 loans per lender
Karmelkorn — 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
1995
2 approvals — best year on record for Karmelkorn.
Top SBA State
Illinois
1 SBA-financed Karmelkorn locations — the densest operator footprint.
Average Loan Size
$78K
Median $75K — use as a sizing anchor when modeling your own $Karmelkorn unit.
Lender Concentration
75%
Concentrated
Share of Karmelkorn approvals captured by the top 3 SBA lenders.
Karmelkorn's SBA lending pipeline peaked in 1995 (2 approvals). Operator density is highest in Illinois with 1 SBA-financed locations. Average funded ticket sits at $78K, with the median at $75K. Lender mix is concentrated: the top three SBA lenders account for 75% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Karmelkorn — unit breakdown
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