SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
BLO BLOW DRY BAR INC. franchise in New Jersey: what the public record shows
Franchisees of BLO BLOW DRY BAR INC. in New Jersey have taken 5 SBA loans in the FY1991–present FOIA files (average $173,600). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. BLO BLOW DRY BAR INC. has too few seasoned resolved loans nationally for a national ratio. Its latest FDD Item 20 state table reports 4 franchised outlets in New Jersey (fiscal 2025) — about 0.04 per 100k residents.
Loans in NJ
5
Charged off (all years)
1 of 3
Loss ratio in NJ
—
Loss ratio nationally
—
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
4,284
statewide, all operators
Per 100k residents
45.1
national 26.6
Versus the country
+70%
denser
Every business in BLO BLOW DRY BAR INC.'s industry operating in New Jersey — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$607
New Jersey, BLS QCEW 2025
National average
$698
same industry, all states
Versus the country
-13%
cheaper to staff
What BLO BLOW DRY BAR INC.'s industry actually pays workers in New Jersey, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is independent of the FDD: a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2018 | 0 | — |
| 2019 | 3 | — |
| 2020 | 4 | — |
| 2023 | 4 | — |
| 2024 | 4 | — |
| 2025 | 4 | — |
| System | Loans in NJ | Charged off (all years) | Loss ratio in NJ | Units in NJ |
|---|---|---|---|---|
| Hollywood Tans | 41 | 5 of 33 | 0.7×NOT CLEAR | — |
| GREAT CLIPS | 21 | 2 of 15 | — | — |
| European Wax Center | 18 | 0 of 14 | — | — |
| Amazing Lash Studio | 14 | 1 of 6 | — | 17 |
| Fantastic Sams | 13 | 1 of 8 | — | — |
| Planet Beach | 11 | 4 of 9 | — | — |
| Sport Clips | 9 | 0 of 6 | — | 32 |
| SUPERCUTS | 8 | 0 of 5 | — | 65 |
| The Lash Lounge | 7 | 2 of 5 | — | — |
| WAXING THE CITY | 7 | 0 of 3 | — | — |
| SPAVIA | 5 | 0 of 4 | — | — |
Other systems in BLO BLOW DRY BAR INC.'s sector whose franchisees borrowed in New Jersey. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing BLO BLOW DRY BAR INC.’s numbers, including talking you out of a bad deal.