SBA 7(a)/504 FOIA · FY1991–PRESENT · ALABAMA
Smoothie King (Health Food Store) franchise in Alabama: what the public record shows
Franchisees of Smoothie King (Health Food Store) in Alabama have taken 12 SBA loans since 1991 (average $299,191)— 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 12.2% is the better guide.
Loans in AL
12
Resolved
8
Local charge-off
thin
National charge-off
12.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = AL. 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
7,968
statewide, all operators
Per 100k residents
154.5
national 179.9
Versus the country
-14%
thinner
Every business in Smoothie King (Health Food Store)'s industry operating in Alabama — 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.
| System | Loans in AL | Local charge-off | Units in AL |
|---|---|---|---|
| Zaxby's | 40 | 0.0% | — |
| Domino's Pizza | 32 | 11.1% | — |
| Quiznos | 27 | 42.3% | — |
| HUDDLE HOUSE | 14 | 8.3% | — |
| Jimmy John's | 13 | 23.1% | — |
| Bruster'S | 12 | 30.0% | — |
| Popeyes Louisiana Kitchen | 11 | thin | — |
| Blimpie | 10 | thin | — |
| Church'S Fried Chicken | 10 | thin | — |
| Cicis Pizza | 10 | thin | — |
| Culver's | 10 | thin | — |
| Little Ceasar'S Pizza | 10 | thin | — |
Same sector, same state, same public records — how Smoothie King (Health Food Store) compares to the systems a buyer in Alabama 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 Smoothie King (Health Food Store)'s numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →