SBA 7(a)/504 FOIA · FY1991–PRESENT · LOUISIANA
Smoothie King (Health Food Store) franchise in Louisiana: what the public record shows
Franchisees of Smoothie King (Health Food Store) in Louisiana have taken 65 SBA loans since 1991 (average $169,312), and of the 47 loans whose story has ended, 2.1% were charged off — versus 12.2% for Smoothie King (Health Food Store) nationally and 14.8% across all rateable franchise brands.
Loans in LA
65
Resolved
47
Local charge-off
2.1%
National charge-off
12.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = LA. 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.
Businesses in this industry
7,823
statewide, all operators
Per 100k residents
170.1
national 179.9
Versus the country
-5%
thinner
Every business in Smoothie King (Health Food Store)'s industry operating in Louisiana — 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 LA | Local charge-off | Units in LA |
|---|---|---|---|
| Quiznos | 45 | 30.8% | — |
| Jimmy John's | 19 | 0.0% | — |
| Baskin-Robbins 31 Ice Cream | 16 | 35.7% | — |
| Schlotzsky'S Sandwich Shop | 16 | 0.0% | — |
| Tropical Smoothie Cafe | 14 | thin | 18 |
| Sonic Drive-In | 13 | 7.7% | — |
| Wingstop Restaurant | 13 | 7.7% | — |
| Cicis Pizza | 10 | 10.0% | — |
| Dunkin Donuts/Baskin-Robbins Co-Brand | 10 | thin | — |
| Domino's Pizza | 9 | thin | — |
| MARBLE SLAB CREAMERY | 9 | thin | — |
| GREAT AMERICAN COOKIES | 7 | thin | — |
Same sector, same state, same public records — how Smoothie King (Health Food Store) compares to the systems a buyer in Louisiana 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 →