SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Hand and Stone Massage and Facial Spa franchise in Texas: what the public record shows
Franchisees of Hand and Stone Massage and Facial Spa in Texas have taken 24 SBA loans since 1991 (average $509,570), and of the 15 loans whose story has ended, 0.0% were charged off — versus 2.8% for Hand and Stone Massage and Facial Spa nationally and 14.8% across all rateable franchise brands.
Loans in TX
24
Resolved
15
Local charge-off
0.0%
National charge-off
2.8%
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 Hand and Stone Massage and Facial Spa'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% | — |
| Fantastic Sams | 65 | 15.8% | — |
| 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 | — |
| 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 Hand and Stone Massage and Facial Spa 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 Hand and Stone Massage and Facial Spa's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →