SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
CycleBar franchise in Texas: what the public record shows
Franchisees of CycleBar in Texas have taken 17 SBA loans since 1991 (average $475,294)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 13.6% is the better guide.
Loans in TX
17
Resolved
8
Local charge-off
thin
National charge-off
13.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TX. 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 of 30 loans.
Businesses in this industry
3,337
statewide, all operators
Per 100k residents
10.7
national 11.9
Versus the country
-10%
thinner
Every business in CycleBar'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 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 TX | Local charge-off | Units in TX |
|---|---|---|---|
| ANYTIME FITNESS; ANYTIME FITNESS EXPRESS | 123 | 15.9% | — |
| THE LITTLE GYM | 45 | 28.6% | — |
| F45 Training | 43 | 21.4% | — |
| Curves for Women | 35 | 20.0% | — |
| Orangetheory | 34 | 3.8% | — |
| Club Pilates | 31 | 0.0% | — |
| Pure Barre | 28 | 0.0% | — |
| I LOVE KICKBOXING | 27 | 47.8% | — |
| GOLD'S GYM | 20 | 5.3% | 7 |
| Yoga Six | 18 | thin | — |
| Stretch Lab | 16 | thin | — |
| Body20 | 15 | thin | 17 |
Same sector, same state, same public records — how CycleBar compares to the systems a buyer in Texas 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 CycleBar's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →