SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA
LINE-X franchise in Florida: what the public record shows
Franchisees of LINE-X in Florida have taken 19 SBA loans in the FY1991–present FOIA files (average $344,678). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. LINE-X's national ratio is 0.7×. Its latest FDD Item 20 state table reports 13 franchised outlets in Florida (fiscal 2025) — about 0.06 per 100k residents.
Loans in FL
19
Charged off (all years)
2 of 13
Loss ratio in FL
—
Loss ratio nationally
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
6,854
statewide, all operators
Per 100k residents
29.3
national 30.2
Versus the country
-3%
thinner
Every business in LINE-X's industry operating in Florida — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$975
Florida, BLS QCEW 2025
National average
$1,002
same industry, all states
Versus the country
-3%
cheaper to staff
What LINE-X's industry actually pays workers in Florida, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is independent of the FDD: a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2021 | 23 | — |
| 2022 | 23 | — |
| 2023 | 24 | — |
| 2023 | 24 | 0 |
| 2024 | 14 | 0 |
| 2025 | 13 | 0 |
| System | Loans in FL | Charged off (all years) | Loss ratio in FL | Units in FL |
|---|---|---|---|---|
| Aamco Transmissions | 51 | 9 of 33 | 1.5×NOT CLEAR | — |
| Meineke | 46 | 10 of 31 | — | — |
| Matco Tools | 36 | 20 of 35 | 3.0× | — |
| All Tune and Lube | 25 | 6 of 21 | — | — |
| Maaco | 25 | 6 of 18 | — | — |
| Cottman Transmission | 18 | 9 of 16 | — | — |
| Christian Brothers Automotive | 13 | 0 of 9 | — | — |
| Grease Monkey | 13 | 0 of 3 | — | — |
| Midas | 13 | 0 of 4 | — | — |
| Shell Service Station | 10 | 0 of 8 | — | — |
| Goodyear Tire | 9 | 2 of 9 | — | — |
| Honest-1 | 9 | 0 of 5 | — | 5 |
Other systems in LINE-X's sector whose franchisees borrowed in Florida. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing LINE-X’s numbers, including talking you out of a bad deal.