SBA 7(a)/504 FOIA · FY1991–PRESENT · COLORADO
Executive Tans franchise in Colorado: what the public record shows
Franchisees of Executive Tans in Colorado have taken 17 SBA loans since 1991 (average $233,494), and of the 17 loans whose story has ended, 70.6% were charged off — versus 70.2% for Executive Tans nationally and 14.8% across all rateable franchise brands.
Loans in CO
17
Resolved
17
Local charge-off
70.6%
National charge-off
70.2%
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
2,200
statewide, all operators
Per 100k residents
36.9
national 26.6
Versus the country
+39%
denser
Every business in Executive Tans'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 |
|---|---|---|---|
| Fantastic Sams | 22 | 47.1% | — |
| Hand and Stone Massage and Facial Spa | 11 | thin | — |
| GREAT CLIPS | 10 | thin | — |
| SPAVIA | 9 | thin | — |
| European Wax Centers-Galleria | 8 | thin | — |
| Planet Beach | 7 | thin | — |
| Deka Lash | 5 | thin | — |
Same sector, same state, same public records — how Executive Tans 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 Executive Tans's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →