SBA 7(a)/504 FOIA · FY1991–PRESENT · CONNECTICUT
Blimpie franchise in Connecticut: what the public record shows
Franchisees of Blimpie in Connecticut have taken 21 SBA loans since 1991 (average $89,576), and of the 17 loans whose story has ended, 35.3% were charged off — versus 29.8% for Blimpie nationally and 14.8% across all rateable franchise brands.
Loans in CT
21
Resolved
17
Local charge-off
35.3%
National charge-off
29.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CT. 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
7,524
statewide, all operators
Per 100k residents
204.7
national 179.9
Versus the country
+14%
denser
Every business in Blimpie's industry operating in Connecticut — 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 CT | Local charge-off | Units in CT |
|---|---|---|---|
| Domino's Pizza | 34 | 22.7% | — |
| Dunkin Donuts/Baskin-Robbins Co-Brand | 28 | 0.0% | — |
| Quiznos | 28 | 52.0% | — |
| Cold Stone Creamery | 11 | thin | — |
| Jersey Mike's Subs | 9 | thin | — |
| Wayback Burgers | 8 | thin | — |
| Carvel Ice Cream | 7 | thin | — |
| Five Guys Famous Burgers and Fries | 7 | thin | — |
| Kentucky Fried Chicken | 7 | thin | — |
| Ben & Jerry'S Ice Cream | 6 | thin | — |
| Charley'S Grilled Subs | 5 | thin | — |
| Moe'S Sw Grill | 5 | thin | — |
Same sector, same state, same public records — how Blimpie compares to the systems a buyer in Connecticut 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 Blimpie's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →