SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
Dickey'S Barbecue Pit franchise in Michigan: what the public record shows
Franchisees of Dickey'S Barbecue Pit in Michigan have taken 14 SBA loans since 1991 (average $336,178)— 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 33.5% is the better guide.
Loans in MI
14
Resolved
8
Local charge-off
thin
National charge-off
33.5%
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 Dickey'S Barbecue Pit'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 Dickey'S Barbecue Pit 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 Dickey'S Barbecue Pit's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →