FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · GEORGIA

RE/MAX franchise in Georgia: what the public record shows

Franchisees of RE/MAX in Georgia have taken 10 SBA loans in the FY1991–present FOIA files (average $480,921). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. RE/MAX's national ratio is 0.8× (not clearly different from 1.0×). Its latest FDD Item 20 state table reports 74 franchised outlets in Georgia (fiscal 2025) — about 0.66 per 100k residents.

SBA loan outcomes · Georgiavs same-year franchise loans

Loans in GA

10

Charged off (all years)

3 of 6

Loss ratio in GA

—

Loss ratio nationally (not clear)

0.8×

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = GA. 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.

Market density · Georgia vs nationalDense market

Businesses in this industry

6,186

statewide, all operators

Per 100k residents

55.3

national 47.9

Versus the country

+15%

denser

Every business in RE/MAX's industry operating in Georgia — 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.

Labor cost · Georgia vs nationalTypical wages

Avg weekly wage, this industry

$1,731

Georgia, BLS QCEW 2025

National average

$1,785

same industry, all states

Versus the country

-3%

cheaper to staff

What RE/MAX's industry actually pays workers in Georgia, 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.

Franchised outlets in Georgia · FDD Item 20-9 over the disclosed window
Fiscal yearFranchisedCompany-owned
2023830
2024770
2025740
Same-sector systems with SBA loan history in Georgia3 systems
SystemLoans in GACharged off (all years)Loss ratio in GAUnits in GA
Property Management Inc.81 of 2—21
Century 2160 of 5——
REAL PROPERTY MANAGEMENT61 of 3—18

Other systems in RE/MAX's sector whose franchisees borrowed in Georgia. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.

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