SBA 7(a)/504 FOIA · FY1991–PRESENT · WASHINGTON
Blimpie franchise in Washington: what the public record shows
Franchisees of Blimpie in Washington have taken 20 SBA loans since 1991 (average $102,300), and of the 17 loans whose story has ended, 17.6% were charged off — versus 29.8% for Blimpie nationally and 14.8% across all rateable franchise brands.
Loans in WA
20
Resolved
17
Local charge-off
17.6%
National charge-off
29.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WA. 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 WA | Local charge-off | Units in WA |
|---|---|---|---|
| Subway | 318 | 4.7% | 438 |
| DAIRY QUEEN | 113 | 7.1% | — |
| JERSEY MIKE'S | 42 | 0.0% | 61 |
| QUALITY INN | 38 | 0.0% | 29 |
| ECONO LODGE | 26 | 0.0% | 4 |
| MASSAGE ENVY | 26 | 22.7% | 18 |
| Minuteman Press | 21 | 28.6% | — |
| SERVICEMASTER RESTORE | 17 | 20.0% | 37 |
| DENNY'S | 16 | 10.0% | 40 |
| HOTWORX | 16 | thin | 18 |
| RODEWAY INN | 16 | thin | 4 |
| Fastsigns | 15 | 0.0% | — |
Same sector, same state, same public records — how Blimpie compares to the systems a buyer in Washington 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.