SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Firehouse Subs franchise in Texas: what the public record shows
Franchisees of Firehouse Subs in Texas have taken 71 SBA loans since 1991 (average $324,736), and of the 48 loans whose story has ended, 10.4% were charged off — versus 11.1% for Firehouse Subs nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 106 franchised outlets in Texas (fiscal 2017) — about 0.34 per 100k residents.
Loans in TX
71
Resolved
48
Local charge-off
10.4%
National charge-off
11.1%
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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2015 | 88 | — |
| 2016 | 99 | — |
| 2017 | 106 | — |
| System | Loans in TX | Local charge-off | Units in TX |
|---|---|---|---|
| Subway | 370 | 9.0% | 1,747 |
| DAIRY QUEEN | 122 | 14.4% | — |
| HOTWORX | 118 | 3.0% | 188 |
| MASSAGE ENVY | 83 | 5.6% | 99 |
| Minuteman Press | 76 | 32.8% | — |
| Matco Tools | 71 | 34.8% | — |
| Golden Corral (Restaurant) | 70 | 6.7% | — |
| Alphagraphics, Printshops of the Futu | 69 | 36.2% | — |
| Mary Kay Cosmetics | 69 | 42.9% | — |
| Dickey'S Barbeque | 64 | 23.7% | — |
| POSTNET | 53 | 33.3% | 38 |
| Fastsigns | 50 | 8.8% | — |
Same sector, same state, same public records — how Firehouse Subs 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 Firehouse Subs's numbers, including talking you out of a bad deal.
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