Western Sizzlin Steak House
The total investment to open a Western Sizzlin Steak House franchise ranges from $187,300 to $1.1M.
What is the Western Sizzlin Steak House franchise?
Western Sizzlin Steak House is a full service restaurant where customers dine on steak and other meals. The estimated total initial investment is $187,300 to $1,078,550.
The brand was founded in 1962 and is headquartered in Batesville, Arkansas.
Loan Activity Score
20/100
SBA Default Rate
22.9%
Active Lenders
27
According to its Franchise Disclosure Document or public business records, Western Sizzlin Steak House has 29 locations, all owned by franchisees. Public SBA loan records show 27 lenders made 35 loans to franchisees of Western Sizzlin Steak House. PeerSense calculates Western Sizzlin Steak House's score as 20 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1962 · 29 locations
$187,300 to $1.1M
29
29 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Western Sizzlin Steak House
35
Total SBA loans
$561K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Western Sizzlin Steak House
Loan Activity Score Breakdown
Established (25 to 99 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
22.9%
vs 10.3% peer avg
SBA Loans
35
Total Volume
$19.6M
Active Lenders
27
2 selective
States
13
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 Western Sizzlin Steak House based on SBA lending data
SBA Default Rate
22.9%
12.6% above peer avg
SBA Loan Volume
35 loans
Across 27 lenders
Lender Diversity
27 lenders
Avg 1.3 loans per lender
Investment Tier
Significant investment
$187,300 to $1,078,550 total
Western Sizzlin Steak House: 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
1994
5 approvals. The best year on record for Western Sizzlin Steak House.
Top SBA State
Arkansas
7 SBA financed Western Sizzlin Steak House locations, the densest operator footprint.
Average Loan Size
$601K
Median $537K. Use as a sizing anchor when modeling your own Western Sizzlin Steak House unit.
Lender Concentration
15.8%
Highly Diversified
Share of Western Sizzlin Steak House approvals captured by the top 3 SBA lenders.
Western Sizzlin Steak House's SBA lending pipeline peaked in 1994 (5 approvals). Operator density is highest in Arkansas with 7 SBA financed locations. Average funded ticket sits at $601K, with the median at $537K. Lender mix is highly diversified: the top three SBA lenders account for 15.8% of approvals. Borrowers have leverage to shop multiple credit boxes.
Payment Estimator
Estimated Monthly Payment
$1,939
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
Western Sizzlin Steak House, unit breakdown
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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