SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW YORK
Carstar franchise in New York: what the public record shows
Franchisees of Carstar in New York have taken 6 SBA loans in the FY1991–present FOIA files (average $211,000). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Carstar's national ratio is 0.4×.
Loans in NY
6
Charged off (all years)
0 of 5
Loss ratio in NY
—
Loss ratio nationally
0.4×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NY. 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
6,236
statewide, all operators
Per 100k residents
31.4
national 30.2
Versus the country
+4%
denser
Every business in Carstar's industry operating in New York — 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
$905
New York, BLS QCEW 2025
National average
$1,002
same industry, all states
Versus the country
-10%
cheaper to staff
What Carstar's industry actually pays workers in New York, 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 NY | Charged off (all years) | Loss ratio in NY | Units in NY |
|---|---|---|---|---|
| Aamco Transmissions | 32 | 6 of 23 | — | — |
| Matco Tools | 22 | 5 of 22 | — | — |
| Meineke | 22 | 6 of 19 | — | — |
| Maaco | 20 | 2 of 8 | — | — |
| Mobil Oil (Stations) | 15 | 1 of 9 | — | — |
| Snap-On | 14 | 4 of 12 | — | — |
| Midas Muffler Shop | 13 | 1 of 10 | — | — |
| Sunoco Service Station | 11 | 1 of 3 | — | — |
| Napa Auto Parts | 10 | 1 of 9 | — | — |
| Exxon | 9 | 1 of 3 | — | — |
| Sunoco fuel supply | 9 | 0 of 1 | — | — |
| Chrysler | 8 | 1 of 4 | — | — |
Other systems in Carstar's sector whose franchisees borrowed in New York. 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 Carstar’s numbers, including talking you out of a bad deal.