Outer Banks Boil Company
Franchising since 2012 · 1 locations
Outer Banks Boil Company currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Outer Banks Boil Company are Pineland Bank. PeerSense FPI health score: 43/100.
1
1 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Outer Banks Boil Company financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
New/Niche (1-2 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 1 loans charged off
SBA Loans
1
Total Volume
$0.3M
Active Lenders
1
States
1
Top SBA Lenders for Outer Banks Boil Company
What is the Outer Banks Boil Company franchise?
The Outer Banks Boil franchise offers a compelling opportunity within the dynamic and expansive limited-service restaurant sector, specializing in a distinct culinary experience centered around the communal and flavorful tradition of seafood boils. The brand’s journey, reflecting a strategic evolution within the competitive food service industry, officially saw the formation of Outer Banks Boil International Corp. as a Minnesota corporation on March 8, 2005. This corporate entity subsequently acquired the comprehensive Outer Banks Boil franchise system, including its valuable trademarks, intellectual property, and related operational assets, from its precursor, Outer Banks Boil International, LLC, on March 20, 2005. The foundational roots of this unique restaurant concept trace back to an earlier entity, originally incorporated as Coastal Cuisine Works LLC in Oregon on April 24, 2003. This predecessor company underwent a name change to "Outer Banks Boil, LLC" on December 31, 2003, before adopting the moniker "Outer Banks Boil International, LLC" on April 23, 2004, establishing the groundwork for its eventual franchising efforts. The first physical Outer Banks Boil restaurant, a pioneering establishment that set the standard for the brand, opened its doors to the public in Eugene, Oregon, in 2002, marking the inception of its operational history. The principal corporate offices for the Outer Banks Boil franchise are strategically located at 12400 Whitewater Road, Suite 150, Minnetonka, Minnesota 55343, with additional operational support provided from offices at 919 International
FPI Score
43/100
SBA Default Rate
0.0%
Active Lenders
1
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Outer Banks Boil Company based on SBA lending data
SBA Default Rate
0.0%
0 of 1 loans charged off
SBA Loan Volume
1 loans
Across 1 lenders
Lender Diversity
1 lenders
Avg 1.0 loans per lender
Outer Banks Boil Company — 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
2022
1 approvals — best year on record for Outer Banks Boil Company.
Top SBA State
Florida
1 SBA-financed Outer Banks Boil Company locations — the densest operator footprint.
Average Loan Size
$270K
Median $270K — use as a sizing anchor when modeling your own $Outer Banks Boil Company unit.
Lender Concentration
100%
Concentrated
Share of Outer Banks Boil Company approvals captured by the top 3 SBA lenders.
Outer Banks Boil Company's SBA lending pipeline peaked in 2022 (1 approvals). The last five fiscal years account for 100% of cumulative volume ($270K approved). Operator density is highest in Florida with 1 SBA-financed locations. Average funded ticket sits at $270K, with the median at $270K. 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
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Outer Banks Boil Company — unit breakdown
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