SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Fantastic Sams franchise in Texas: what the public record shows
Franchisees of Fantastic Sams in Texas have taken 65 SBA loans since 1991 (average $166,521), and of the 57 loans whose story has ended, 15.8% were charged off — versus 22.1% for Fantastic Sams nationally and 14.8% across all rateable franchise brands.
Loans in TX
65
Resolved
57
Local charge-off
15.8%
National charge-off
22.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TX. 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
6,224
statewide, all operators
Per 100k residents
19.9
national 26.6
Versus the country
-25%
thinner
Every business in Fantastic Sams's industry operating in Texas — 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 TX | Local charge-off | Units in TX |
|---|---|---|---|
| GREAT CLIPS | 97 | 10.7% | — |
| European Wax Centers-Galleria | 58 | 0.0% | — |
| Amazing Lash Studio | 53 | 6.3% | 81 |
| SUPERCUTS | 45 | 5.9% | 196 |
| Planet Beach | 42 | 42.9% | — |
| Restore Hyper Wellness | 28 | thin | — |
| Hand and Stone Massage and Facial Spa | 24 | 0.0% | — |
| The Lash Lounge | 22 | thin | — |
| Deka Lash | 21 | 36.4% | — |
| WAXING THE CITY | 16 | thin | — |
| SMARTSTYLE | 11 | thin | 114 |
| Image Sun | 8 | thin | — |
Same sector, same state, same public records — how Fantastic Sams compares to the systems a buyer in Texas 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 Fantastic Sams's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →