SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
MASSAGE ENVY franchise in Texas: what the public record shows
Franchisees of MASSAGE ENVY in Texas have taken 83 SBA loans since 1991 (average $392,983), and of the 71 loans whose story has ended, 5.6% were charged off — versus 8.6% for MASSAGE ENVY nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 99 franchised outlets in Texas (fiscal 2025) — about 0.32 per 100k residents.
Loans in TX
83
Resolved
71
Local charge-off
5.6%
National charge-off
8.6%
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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 109 | 0 |
| 2024 | 102 | 0 |
| 2025 | 99 | 0 |
| 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 |
| 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 |
| Dickey'S Barbeque | 64 | 23.7% | — |
Same sector, same state, same public records — how MASSAGE ENVY 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 MASSAGE ENVY's numbers, including talking you out of a bad deal.