SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
Zoup franchise in Michigan: what the public record shows
Franchisees of Zoup in Michigan have taken 16 SBA loans since 1991 (average $212,625)— 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 19.7% is the better guide.
Loans in MI
16
Resolved
9
Local charge-off
thin
National charge-off
19.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. 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
16,801
statewide, all operators
Per 100k residents
165.7
national 179.9
Versus the country
-8%
thinner
Every business in Zoup's industry operating in Michigan — 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 MI | Local charge-off | Units in MI |
|---|---|---|---|
| Biggby Coffee | 150 | 2.8% | — |
| Culver's | 89 | 3.9% | — |
| Jimmy John's | 72 | 0.0% | — |
| Jets Pizza | 71 | 0.0% | — |
| Quiznos | 71 | 20.6% | — |
| Tropical Smoothie Cafe | 42 | 0.0% | 124 |
| Little Ceasar'S Pizza | 37 | 6.7% | — |
| Dunkin Donuts/Baskin-Robbins Co-Brand | 34 | 26.9% | — |
| Hungry Howie'S Pizza | 31 | 5.9% | — |
| Arby's | 28 | 11.1% | — |
| Domino's Pizza | 28 | 11.1% | — |
| Blimpie | 27 | 33.3% | — |
Same sector, same state, same public records — how Zoup compares to the systems a buyer in Michigan 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 Zoup's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →