SBA 7(a)/504 FOIA · FY1991–PRESENT · COLORADO
Culver's franchise in Colorado: what the public record shows
Franchisees of Culver's in Colorado have taken 35 SBA loans since 1991 (average $1,060,145), and of the 20 loans whose story has ended, 0.0% were charged off — versus 2.2% for Culver's nationally and 14.8% across all rateable franchise brands.
Loans in CO
35
Resolved
20
Local charge-off
0.0%
National charge-off
2.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CO. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
11,540
statewide, all operators
Per 100k residents
193.7
national 179.9
Versus the country
+8%
denser
Every business in Culver's's industry operating in Colorado — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in CO | Local charge-off | Units in CO |
|---|---|---|---|
| Quiznos | 61 | 25.0% | — |
| Cold Stone Creamery | 42 | 29.4% | — |
| Papa Murphy'S Take & Bake Pizza | 33 | 3.7% | — |
| Jimmy John's | 32 | 0.0% | — |
| Domino's Pizza | 24 | 5.0% | — |
| Wingstop Restaurant | 23 | 0.0% | — |
| Smoothie King (Health Food Store) | 19 | thin | — |
| Rocky Mountain Chocolate Factory | 18 | 16.7% | — |
| Schlotzsky'S Sandwich Shop | 18 | 12.5% | — |
| Jersey Mike's Subs | 15 | thin | — |
| Blimpie | 14 | thin | — |
| Dickey'S Barbecue Pit | 14 | thin | — |
Same sector, same state, same public records — how Culver's compares to the systems a buyer in Colorado would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Culver's's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →