SBA 7(a)/504 FOIA · FY1991–PRESENT · RHODE ISLAND
Honey Dew Donuts franchise in Rhode Island: what the public record shows
Franchisees of Honey Dew Donuts in Rhode Island have taken 18 SBA loans since 1991 (average $185,805), and of the 15 loans whose story has ended, 20.0% were charged off — versus 14.9% for Honey Dew Donuts nationally and 14.8% across all rateable franchise brands.
Loans in RI
18
Resolved
15
Local charge-off
20.0%
National charge-off
14.9%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = RI. 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
2,555
statewide, all operators
Per 100k residents
229.7
national 179.9
Versus the country
+28%
denser
Every business in Honey Dew Donuts's industry operating in Rhode Island — 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 RI | Local charge-off | Units in RI |
|---|---|---|---|
| Domino's Pizza | 10 | thin | — |
| Dunkin Donuts/Baskin-Robbins Co-Brand | 8 | thin | — |
| Blimpie | 7 | thin | — |
| Jersey Mike's Subs | 6 | thin | — |
| Sonic Drive-In | 6 | thin | — |
| Quiznos | 5 | thin | — |
| Saladworks | 5 | thin | — |
| Tropical Smoothie Cafe | 5 | thin | 7 |
Same sector, same state, same public records — how Honey Dew Donuts compares to the systems a buyer in Rhode Island 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 Honey Dew Donuts's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →