SBA 7(a)/504 FOIA · FY1991–PRESENT · VIRGINIA
MASSAGE ENVY franchise in Virginia: what the public record shows
Franchisees of MASSAGE ENVY in Virginia have taken 14 SBA loans since 1991 (average $700,450), and of the 10 loans whose story has ended, 10.0% 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 37 franchised outlets in Virginia (fiscal 2025) — about 0.42 per 100k residents.
Loans in VA
14
Resolved
10
Local charge-off
10.0%
National charge-off
8.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = VA. 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 | 36 | 0 |
| 2024 | 36 | 0 |
| 2025 | 37 | 0 |
| System | Loans in VA | Local charge-off | Units in VA |
|---|---|---|---|
| Subway | 90 | 0.0% | 547 |
| QUALITY INN | 60 | 10.3% | 56 |
| ECONO LODGE | 42 | 10.7% | 29 |
| DAIRY QUEEN | 38 | 24.0% | — |
| Fastsigns | 17 | 15.4% | — |
| Blimpie | 16 | 16.7% | — |
| SLEEP INN | 15 | thin | 21 |
| CERTA PROPAINTERS | 14 | thin | 17 |
| EDIBLE ARRANGEMENTS | 14 | 30.0% | 26 |
| Country Inn | 12 | thin | 21 |
| HOTWORX | 12 | thin | 13 |
| Matco Tools | 12 | 10.0% | — |
Same sector, same state, same public records — how MASSAGE ENVY compares to the systems a buyer in Virginia 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.