FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA

Ace Hardware franchise in Florida: what the public record shows

Franchisees of Ace Hardware in Florida have taken 47 SBA loans since 1991 (average $905,348), and of the 26 loans whose story has ended, 11.5% were charged off — versus 12.2% for Ace Hardware nationally and 14.8% across all rateable franchise brands.

SBA loan outcomes · Floridavs national

Loans in FL

47

Resolved

26

Local charge-off

11.5%

National charge-off

12.2%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. 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.

Market density · Florida vs nationalTypical density

Businesses in this industry

10,280

statewide, all operators

Per 100k residents

44

national 39.6

Versus the country

+11%

denser

Every business in Ace Hardware's industry operating in Florida — 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.

Same-sector systems with SBA loan history in Florida12 systems

Same sector, same state, same public records — how Ace Hardware compares to the systems a buyer in Florida would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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