SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH CAROLINA
Club Pilates franchise in North Carolina: what the public record shows
Franchisees of Club Pilates in North Carolina have taken 9 SBA loans in the FY1991–present FOIA files (average $363,288). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Club Pilates's national ratio is 0×.
Loans in NC
9
Charged off (all years)
0 of 8
Loss ratio in NC
—
Loss ratio nationally
0×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NC. 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
1,387
statewide, all operators
Per 100k residents
12.6
national 11.9
Versus the country
+6%
denser
Every business in Club Pilates's industry operating in North Carolina — 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
$361
North Carolina, BLS QCEW 2025
National average
$438
same industry, all states
Versus the country
-18%
cheaper to staff
What Club Pilates's industry actually pays workers in North Carolina, 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 NC | Charged off (all years) | Loss ratio in NC | Units in NC |
|---|---|---|---|---|
| ANYTIME FITNESS | 33 | 2 of 19 | — | — |
| HOTWORX | 27 | 0 of 4 | — | 29 |
| F45 Training | 9 | 0 of 3 | — | — |
| Yoga Six | 9 | 0 of 3 | — | — |
| Curves for Women | 8 | 2 of 6 | — | — |
| Burn Boot Camp Fitness | 7 | 0 of 5 | — | — |
| CycleBar | 7 | 0 of 3 | — | — |
| GOLD'S GYM | 7 | 1 of 4 | — | 15 |
| I LOVE KICKBOXING | 6 | 4 of 6 | — | — |
| BODYBAR | 5 | — | — | 1 |
Other systems in Club Pilates's sector whose franchisees borrowed in North Carolina. 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 Club Pilates’ numbers, including talking you out of a bad deal.