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Karmelkorn

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.

Total Units

2

2 franchised

FPI Score
Low
28

Proprietary PeerSense metric

Limited
Capital Partners
4lenders available

Active 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)

Limited Data
28out of 100
Limited

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

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

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

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Karmelkornunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Karmelkorn