SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Original Pancake House (the) franchise in Texas: what the public record shows
Franchisees of Original Pancake House (the) in Texas have taken 8 SBA loans in the FY1991–present FOIA files (average $758,400). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Original Pancake House (the)'s national ratio is 0.7× (not clearly different from 1.0×).
Loans in TX
8
Charged off (all years)
1 of 7
Loss ratio in TX
—
Loss ratio nationally (not clear)
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TX. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
52,545
statewide, all operators
Per 100k residents
167.9
national 179.9
Versus the country
-7%
thinner
Every business in Original Pancake House (the)'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 the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$496
Texas, BLS QCEW 2025
National average
$537
same industry, all states
Versus the country
-8%
cheaper to staff
What Original Pancake House (the)'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 cost signal is 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 | Charged off (all years) | Loss ratio in TX | Units in TX |
|---|---|---|---|---|
| Subway | 370 | 27 of 299 | 0.5× | 1,747 |
| Quiznos | 345 | 76 of 306 | 1.2×NOT CLEAR | — |
| Smoothie King | 200 | 19 of 137 | 0.9×NOT CLEAR | — |
| Wingstop | 166 | 4 of 148 | 0.1× | 428 |
| Schlotzsky'S | 161 | 19 of 130 | 1.0×NOT CLEAR | — |
| Chicken Express | 144 | 1 of 92 | 0.07× | — |
| Cicis Pizza | 140 | 18 of 125 | 0.9×NOT CLEAR | — |
| DAIRY QUEEN | 122 | 13 of 90 | 0.9×NOT CLEAR | — |
| Dickey'S Barbeque | 111 | 25 of 91 | 1.6× | — |
| Marco's Pizza | 103 | 2 of 53 | 0.4×NOT CLEAR | — |
| Bahama Buck's | 101 | 13 of 58 | 1.8× | — |
| MARBLE SLAB CREAMERY | 95 | 16 of 79 | 1.1×NOT CLEAR | — |
Other systems in Original Pancake House (the)'s sector whose franchisees borrowed in Texas. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Original Pancake House (the)’s numbers, including talking you out of a bad deal.