SBA 7(a)/504 FOIA · FY1991–PRESENT · VIRGINIA
Uptown Cheapskate franchise in Virginia: what the public record shows
Franchisees of Uptown Cheapskate in Virginia have taken 7 SBA loans since 1991 (average $296,200)— 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 8.1% is the better guide.
Loans in VA
7
Resolved
3
Local charge-off
thin
National charge-off
8.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = VA. 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 VA | Local charge-off | Units in VA |
|---|---|---|---|
| Subway | 90 | 0.0% | 547 |
| QUALITY INN | 60 | 10.3% | 56 |
| ECONO LODGE | 42 | 10.7% | 29 |
| DAIRY QUEEN | 38 | 24.0% | — |
| Fastsigns | 17 | 15.4% | — |
| Blimpie | 16 | 16.7% | — |
| SLEEP INN | 15 | thin | 21 |
| CERTA PROPAINTERS | 14 | thin | 17 |
| EDIBLE ARRANGEMENTS | 14 | 30.0% | 26 |
| MASSAGE ENVY | 14 | 10.0% | 37 |
| Country Inn | 12 | thin | 21 |
| HOTWORX | 12 | thin | 13 |
Same sector, same state, same public records — how Uptown Cheapskate compares to the systems a buyer in Virginia 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. I'm paid by you — and the job is pressure-testing Uptown Cheapskate's numbers, including talking you out of a bad deal.