SBA 7(a)/504 FOIA · FY1991–PRESENT · LOUISIANA
MASSAGE ENVY franchise in Louisiana: what the public record shows
Franchisees of MASSAGE ENVY in Louisiana have taken 7 SBA loans since 1991 (average $330,485)— 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 Louisiana (fiscal 2025) — about 0.28 per 100k residents.
Loans in LA
7
Resolved
6
Local charge-off
thin
National charge-off
8.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = LA. 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 | 14 | 0 |
| 2024 | 13 | 0 |
| 2025 | 13 | 0 |
| System | Loans in LA | Local charge-off | Units in LA |
|---|---|---|---|
| Subway | 97 | 7.5% | 378 |
| DAIRY QUEEN | 15 | 30.0% | — |
| Firehouse Subs | 13 | thin | 13 |
| Matco Tools | 13 | 38.5% | — |
| HOTWORX | 12 | thin | 25 |
| MERLE NORMAN COSMETICS | 10 | thin | 33 |
| EDIBLE ARRANGEMENTS | 8 | thin | 7 |
| PRECISION TUNE FRANCHISE AGREEMENT | 7 | thin | 5 |
| Budget Blinds | 6 | thin | — |
| Fastsigns | 6 | thin | — |
| JANI-KING | 6 | thin | 333 |
| Wyndham | 5 | thin | — |
Same sector, same state, same public records — how MASSAGE ENVY compares to the systems a buyer in Louisiana 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.
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