SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA
HOMEWATCH CAREGIVERS franchise in Florida: what the public record shows
Franchisees of HOMEWATCH CAREGIVERS in Florida have taken 5 SBA loans since 1991 (average $143,000)— 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 24.2% is the better guide. Its latest FDD Item 20 state table reports 18 franchised outlets in Florida (fiscal 2025) — about 0.08 per 100k residents.
Loans in FL
5
Resolved
2
Local charge-off
thin
National charge-off
24.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 9 | 0 |
| 2024 | 18 | 0 |
| 2025 | 18 | 0 |
| System | Loans in FL | Local charge-off | Units in FL |
|---|---|---|---|
| Subway | 124 | 11.3% | 1,023 |
| DAIRY QUEEN | 106 | 4.2% | — |
| Firehouse Subs | 104 | 15.6% | 128 |
| BEEF O' BRADY'S FAMILY SPORTS PUBS | 66 | 30.8% | 60 |
| Fastsigns | 49 | 4.3% | — |
| EDIBLE ARRANGEMENTS | 47 | 13.0% | 48 |
| HOTWORX | 46 | thin | 62 |
| MASSAGE ENVY | 43 | 3.3% | 111 |
| Matco Tools | 36 | 57.1% | — |
| PETLAND | 35 | 30.4% | 10 |
| Sport Clips | 35 | 8.3% | 76 |
| Budget Blinds | 34 | 22.2% | — |
Same sector, same state, same public records — how HOMEWATCH CAREGIVERS compares to the systems a buyer in Florida 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 HOMEWATCH CAREGIVERS's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →