SBA 7(a)/504 FOIA · FY1991–PRESENT · GEORGIA
JERSEY MIKE'S franchise in Georgia: what the public record shows
Franchisees of JERSEY MIKE'S in Georgia have taken 29 SBA loans since 1991 (average $272,948), and of the 17 loans whose story has ended, 17.6% were charged off — versus 4.1% for JERSEY MIKE'S nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 132 franchised outlets in Georgia (fiscal 2025) — about 1.18 per 100k residents.
Loans in GA
29
Resolved
17
Local charge-off
17.6%
National charge-off
4.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = GA. 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 | 109 | — |
| 2024 | 120 | — |
| 2025 | 132 | — |
| System | Loans in GA | Local charge-off | Units in GA |
|---|---|---|---|
| Subway | 119 | 5.9% | 634 |
| DAIRY QUEEN | 89 | 7.7% | — |
| QUALITY INN | 88 | 6.7% | 98 |
| ECONO LODGE | 61 | 9.1% | 51 |
| Blimpie | 49 | 20.9% | — |
| Matco Tools | 33 | 16.1% | — |
| SLEEP INN | 32 | 20.0% | 22 |
| HOTWORX | 31 | 0.0% | 34 |
| EDIBLE ARRANGEMENTS | 22 | 6.3% | 31 |
| Country Inn | 21 | thin | 36 |
| Fastsigns | 21 | 23.1% | — |
| Sport Clips | 21 | 0.0% | 60 |
Same sector, same state, same public records — how JERSEY MIKE'S compares to the systems a buyer in Georgia 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 JERSEY MIKE'S's numbers, including talking you out of a bad deal.