SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
Signs By Tomorrow franchise in New Jersey: what the public record shows
Franchisees of Signs By Tomorrow in New Jersey have taken 7 SBA loans since 1991 (average $185,785)— 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 8.3% is the better guide.
Loans in NJ
7
Resolved
7
Local charge-off
thin
National charge-off
8.3%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. 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.
| System | Loans in NJ | Local charge-off | Units in NJ |
|---|---|---|---|
| Subway | 188 | 17.1% | 140 |
| Matco Tools | 32 | 21.9% | — |
| DAIRY QUEEN | 28 | 15.0% | — |
| EDIBLE ARRANGEMENTS | 26 | 14.3% | 43 |
| Fastsigns | 19 | 8.3% | — |
| Alphagraphics, Printshops of the Futu | 14 | 9.1% | — |
| Sir Speedy Printing | 14 | thin | 4 |
| MASSAGE ENVY | 13 | 9.1% | 38 |
| CODE NINJAS | 11 | thin | 17 |
| JERSEY MIKE'S | 11 | thin | 140 |
| Budget Blinds | 10 | thin | — |
| Firehouse Subs | 10 | thin | 6 |
Same sector, same state, same public records — how Signs By Tomorrow compares to the systems a buyer in New Jersey 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 Signs By Tomorrow's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →