FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · WEST VIRGINIA

Fox'S Pizza Den franchise in West Virginia: what the public record shows

Franchisees of Fox'S Pizza Den in West Virginia have taken 21 SBA loans since 1991 (average $111,586), and of the 14 loans whose story has ended, 21.4% were charged off — versus 24.3% for Fox'S Pizza Den nationally and 14.8% across all rateable franchise brands.

SBA loan outcomes · West Virginiavs national

Loans in WV

21

Resolved

14

Local charge-off

21.4%

National charge-off

24.3%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WV. 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.

Market density · West Virginia vs nationalTypical density

Businesses in this industry

2,726

statewide, all operators

Per 100k residents

154

national 179.9

Versus the country

-14%

thinner

Every business in Fox'S Pizza Den's industry operating in West Virginia — 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.

Same-sector systems with SBA loan history in West Virginia4 systems
SystemLoans in WVLocal charge-offUnits in WV
Marco's Pizza9thin
Penn Station6thin
Heavenly Hams5thin
Quiznos5thin

Same sector, same state, same public records — how Fox'S Pizza Den compares to the systems a buyer in West Virginia would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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