SBA 7(a)/504 FOIA · FY1991–PRESENT · CONNECTICUT
MASSAGE ENVY franchise in Connecticut: what the public record shows
Franchisees of MASSAGE ENVY in Connecticut have taken 8 SBA loans since 1991 (average $348,250)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 8.6% is the better guide. Its latest FDD Item 20 state table reports 13 franchised outlets in Connecticut (fiscal 2025) — about 0.35 per 100k residents.
Loans in CT
8
Resolved
7
Local charge-off
thin
National charge-off
8.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CT. 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 of 30 loans.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 15 | 0 |
| 2024 | 14 | 0 |
| 2025 | 13 | 0 |
| System | Loans in CT | Local charge-off | Units in CT |
|---|---|---|---|
| Subway | 83 | 4.8% | 220 |
| DAIRY QUEEN | 12 | thin | — |
| EDIBLE ARRANGEMENTS | 10 | thin | 23 |
| Minuteman Press | 10 | thin | — |
| SERVICEMASTER RESTORE | 10 | thin | 31 |
| Sport Clips | 10 | thin | 10 |
| Budget Blinds | 8 | thin | — |
| Sir Speedy Printing | 8 | thin | 1 |
| Alphagraphics, Printshops of the Futu | 6 | thin | — |
| Matco Tools | 6 | thin | — |
| Fastsigns | 5 | thin | — |
| Nautical Bowls | 5 | thin | — |
Same sector, same state, same public records — how MASSAGE ENVY compares to the systems a buyer in Connecticut 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 MASSAGE ENVY's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →