SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
Burger King franchise in Michigan: what the public record shows
Franchisees of Burger King in Michigan have taken 23 SBA loans since 1991 (average $755,217), and of the 22 loans whose story has ended, 13.6% were charged off — versus 5.7% for Burger King nationally and 14.8% across all rateable franchise brands.
Loans in MI
23
Resolved
22
Local charge-off
13.6%
National charge-off
5.7%
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.
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 Burger King'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 Burger King 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 Burger King's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →