SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
DENNY'S franchise in Texas: what the public record shows
Franchisees of DENNY'S in Texas have taken 35 SBA loans since 1991 (average $813,191), and of the 29 loans whose story has ended, 0.0% were charged off — versus 7.3% for DENNY'S nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 169 franchised outlets in Texas (fiscal 2025) — about 0.54 per 100k residents.
Loans in TX
35
Resolved
29
Local charge-off
0.0%
National charge-off
7.3%
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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 190 | 13 |
| 2024 | 180 | 14 |
| 2025 | 169 | 15 |
| System | Loans in TX | Local charge-off | Units in TX |
|---|---|---|---|
| Subway | 370 | 9.0% | 1,747 |
| DAIRY QUEEN | 122 | 14.4% | — |
| HOTWORX | 118 | 3.0% | 188 |
| MASSAGE ENVY | 83 | 5.6% | 99 |
| Minuteman Press | 76 | 32.8% | — |
| Firehouse Subs | 71 | 10.4% | 106 |
| Matco Tools | 71 | 34.8% | — |
| Golden Corral (Restaurant) | 70 | 6.7% | — |
| Alphagraphics, Printshops of the Futu | 69 | 36.2% | — |
| Mary Kay Cosmetics | 69 | 42.9% | — |
| Dickey'S Barbeque | 64 | 23.7% | — |
| POSTNET | 53 | 33.3% | 38 |
Same sector, same state, same public records — how DENNY'S 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 DENNY'S's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →