SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Grandy'S franchise in Texas: what the public record shows
Franchisees of Grandy'S in Texas have taken 37 SBA loans since 1991 (average $496,802), and of the 31 loans whose story has ended, 22.6% were charged off — versus 25.0% for Grandy'S nationally and 14.8% across all rateable franchise brands.
Loans in TX
37
Resolved
31
Local charge-off
22.6%
National charge-off
25.0%
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.
| 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 |
| QUALITY INN | 115 | 13.0% | 129 |
| MASSAGE ENVY | 83 | 5.6% | 99 |
| Minuteman Press | 76 | 32.8% | — |
| JERSEY MIKE'S | 75 | 0.0% | 254 |
| Matco Tools | 71 | 34.8% | — |
| ALPHAGRAPHICS | 69 | 36.2% | 48 |
| Mary Kay Cosmetics | 69 | 42.9% | — |
| Blimpie | 66 | 48.1% | — |
| ECONO LODGE | 65 | 12.2% | 50 |
Same sector, same state, same public records — how Grandy'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. I'm paid by you — and the job is pressure-testing Grandy'S's numbers, including talking you out of a bad deal.