SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Medicine Shoppe franchise in Texas: what the public record shows
Franchisees of Medicine Shoppe in Texas have taken 7 SBA loans since 1991 (average $285,000)— 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 7.0% is the better guide.
Loans in TX
7
Resolved
7
Local charge-off
thin
National charge-off
7.0%
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 of 30 loans.
Businesses in this industry
4,461
statewide, all operators
Per 100k residents
14.3
national 11.6
Versus the country
+23%
denser
Every business in Medicine Shoppe's industry operating in Texas — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$567
Texas, BLS QCEW 2025
National average
$806
same industry, all states
Versus the country
-30%
cheaper to staff
What Medicine Shoppe's industry actually pays workers in Texas, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| System | Loans in TX | Local charge-off | Units in TX |
|---|---|---|---|
| MASSAGE HEIGHTS | 43 | 16.7% | — |
| General Nutrition Center | 35 | 16.7% | — |
| Pearle Vision | 32 | 3.7% | — |
| Success On The Spectrum | 22 | thin | — |
| Armstrong Mccall | 21 | 25.0% | — |
| ELLIE MENTAL HEALTH | 21 | thin | — |
| Gameday Men's Health | 21 | thin | — |
| THE JOINT CHIROPRACTIC (RD) | 13 | thin | — |
| Degree Wellness | 12 | thin | — |
| 100% Chiropractic | 10 | thin | — |
| Healthsource Chiropractic | 10 | thin | — |
| Vital Care | 10 | thin | — |
Same sector, same state, same public records — how Medicine Shoppe 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 Medicine Shoppe's numbers, including talking you out of a bad deal.