SBA 7(a)/504 FOIA · FY1991–PRESENT · CONNECTICUT
Blimpie franchise in Connecticut: what the public record shows
Franchisees of Blimpie in Connecticut have taken 21 SBA loans since 1991 (average $89,576), and of the 17 loans whose story has ended, 35.3% were charged off — versus 29.8% for Blimpie nationally and 14.8% across all rateable franchise brands.
Loans in CT
21
Resolved
17
Local charge-off
35.3%
National charge-off
29.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CT. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
| System | Loans in CT | Local charge-off | Units in CT |
|---|---|---|---|
| Subway | 83 | 4.8% | 220 |
| DAIRY QUEEN | 12 | thin | — |
| EDIBLE ARRANGEMENTS | 10 | thin | 23 |
| Minuteman Press | 10 | thin | — |
| QUALITY INN | 10 | thin | 8 |
| SERVICEMASTER RESTORE | 10 | thin | 31 |
| Sport Clips | 10 | thin | 10 |
| JERSEY MIKE'S | 9 | thin | 42 |
| MASSAGE ENVY | 8 | thin | 13 |
| Sir Speedy Printing | 8 | thin | 1 |
| ALPHAGRAPHICS | 6 | thin | 3 |
| Matco Tools | 6 | thin | — |
Same sector, same state, same public records — how Blimpie compares to the systems a buyer in Connecticut would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Blimpie's numbers, including talking you out of a bad deal.