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Outer Banks Boil Company

Outer Banks Boil Company

Franchising since 2012 · 1 locations

Outer Banks Boil Company currently operates 1 locations (1 franchised). PeerSense FPI health score: 43/100.

Total Units

1

1 franchised

FPI Score
Low
43
SBA Lending
18
Lender Quality
3
Transparency
2
Reach
3
Momentum
17

Proprietary PeerSense metric

Fair
Capital Partners
1lenders available

Active capital sources verified for Outer Banks Boil Company financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
43out of 100
Fair
Market Momentum17/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety18/25

Blended default rate (recent + all-time) compared to NAICS sector peers.

Lender Confidence3/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency2/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint3/10

Geographic spread of SBA-funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 10.3% peer avg

SBA Loans

1

Total Volume

$0.3M

Active Lenders

1

States

1

vs. SBA Sector Average

+10.3%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

SBA Lending Activity 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

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Outer Banks Boil Company based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

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. The 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

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

Estimated Monthly Payment

$5,176

Principal & Interest only

Indicative only, as of September 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 does not lend and does not set pricing. What these terms mean.

Locations

Outer Banks Boil Company, unit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Outer Banks Boil Company