SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA
Crunch franchise in Florida: what the public record shows
Franchisees of Crunch in Florida have taken 5 SBA loans in the FY1991–present FOIA files (average $800,000). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Crunch has too few seasoned resolved loans nationally for a national ratio. Its latest FDD Item 20 state table reports 74 franchised outlets in Florida (fiscal 2025) — about 0.32 per 100k residents.
Loans in FL
5
Charged off (all years)
0 of 3
Loss ratio in FL
—
Loss ratio nationally
—
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. 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
2,767
statewide, all operators
Per 100k residents
11.8
national 11.9
Versus the country
-1%
thinner
Every business in Crunch's industry operating in Florida — 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
$468
Florida, BLS QCEW 2025
National average
$438
same industry, all states
Versus the country
+7%
costlier to staff
What Crunch's industry actually pays workers in Florida, 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 |
|---|---|---|
| 2023 | 53 | — |
| 2024 | 61 | — |
| 2025 | 74 | — |
| System | Loans in FL | Charged off (all years) | Loss ratio in FL | Units in FL |
|---|---|---|---|---|
| ANYTIME FITNESS | 78 | 13 of 48 | 2.5× | — |
| HOTWORX | 46 | 0 of 8 | — | 62 |
| Orangetheory | 26 | 0 of 18 | — | — |
| Club Pilates | 21 | 0 of 12 | — | — |
| GOLD'S GYM | 21 | 4 of 17 | — | 7 |
| BODYBAR | 19 | 0 of 3 | — | 13 |
| Curves for Women | 19 | 7 of 17 | — | — |
| F45 Training | 17 | 3 of 11 | — | — |
| CycleBar | 15 | 2 of 7 | — | — |
| Burn Boot Camp Fitness | 13 | 0 of 1 | — | — |
| Yoga Six | 12 | 1 of 5 | — | — |
| Retrofitness | 10 | 1 of 7 | — | — |
Other systems in Crunch's sector whose franchisees borrowed in Florida. 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 Crunch’s numbers, including talking you out of a bad deal.