SBA 7(a)/504 FOIA · FY1991–PRESENT · WASHINGTON
MASSAGE ENVY franchise in Washington: what the public record shows
Franchisees of MASSAGE ENVY in Washington have taken 26 SBA loans since 1991 (average $454,392), and of the 22 loans whose story has ended, 22.7% 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 18 franchised outlets in Washington (fiscal 2025) — about 0.23 per 100k residents.
Loans in WA
26
Resolved
22
Local charge-off
22.7%
National charge-off
8.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WA. 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 | 20 | 0 |
| 2024 | 19 | 0 |
| 2025 | 18 | 0 |
| System | Loans in WA | Local charge-off | Units in WA |
|---|---|---|---|
| Subway | 318 | 4.7% | 438 |
| DAIRY QUEEN | 113 | 7.1% | — |
| Minuteman Press | 21 | 28.6% | — |
| SERVICEMASTER RESTORE | 17 | 20.0% | 37 |
| DENNY'S | 16 | 10.0% | 40 |
| HOTWORX | 16 | thin | 18 |
| RODEWAY INN | 16 | thin | 4 |
| Fastsigns | 15 | 0.0% | — |
| BIG O TIRES | 14 | thin | 7 |
| Home Instead | 13 | thin | 18 |
| Budget Blinds | 11 | thin | — |
| POSTNET | 11 | thin | 9 |
Same sector, same state, same public records — how MASSAGE ENVY compares to the systems a buyer in Washington 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 →