SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
California Closet franchise in Texas: what the public record shows
Franchisees of California Closet in Texas have taken 6 SBA loans in the FY1991–present FOIA files (average $622,666). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. California Closet's national ratio is 0.9× (not clearly different from 1.0×).
Loans in TX
6
Charged off (all years)
0 of 4
Loss ratio in TX
—
Loss ratio nationally (not clear)
0.9×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TX. 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
6,136
statewide, all operators
Per 100k residents
19.6
national 39.6
Versus the country
-51%
thinner
Every business in California Closet's industry operating in Texas — 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
$1,348
Texas, BLS QCEW 2025
National average
$1,252
same industry, all states
Versus the country
+8%
costlier to staff
What California Closet's industry actually pays workers in Texas, 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.
| System | Loans in TX | Charged off (all years) | Loss ratio in TX | Units in TX |
|---|---|---|---|---|
| The Grounds Guys | 52 | 8 of 18 | — | — |
| Budget Blinds | 37 | 5 of 24 | — | — |
| FCI | 30 | 6 of 15 | — | 27 |
| College Hunks Hauling Junk | 25 | 7 of 12 | — | 12 |
| SAM THE CONCRETE MAN | 23 | 1 of 6 | — | — |
| MIGHTY DOG ROOFING | 22 | 3 of 8 | — | — |
| CERTA PROPAINTERS | 21 | 7 of 18 | — | 19 |
| IFOAM | 21 | 6 of 10 | — | 15 |
| Two Men and a Truck | 21 | 1 of 7 | — | — |
| Heroes Lawn Care | 19 | 0 of 6 | — | — |
| 360 Painting | 18 | 3 of 7 | — | 12 |
| MR. APPLIANCE | 18 | 5 of 8 | — | 35 |
Other systems in California Closet's sector whose franchisees borrowed in Texas. 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 California Closet’s numbers, including talking you out of a bad deal.