SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA
LINE-X franchise in Florida: what the public record shows
Franchisees of LINE-X in Florida have taken 19 SBA loans since 1991 (average $344,678), and of the 13 loans whose story has ended, 15.4% were charged off — versus 13.3% for LINE-X nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 13 franchised outlets in Florida (fiscal 2025) — about 0.06 per 100k residents.
Loans in FL
19
Resolved
13
Local charge-off
15.4%
National charge-off
13.3%
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.
Businesses in this industry
6,854
statewide, all operators
Per 100k residents
29.3
national 30.2
Versus the country
-3%
thinner
Every business in LINE-X's industry operating in Florida — 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2021 | 23 | — |
| 2022 | 23 | — |
| 2023 | 24 | — |
| 2023 | 24 | 0 |
| 2024 | 14 | 0 |
| 2025 | 13 | 0 |
| System | Loans in FL | Local charge-off | Units in FL |
|---|---|---|---|
| Aamco Transmissions | 51 | 27.3% | — |
| Meineke | 46 | 32.3% | — |
| All Tune and Lube | 25 | 28.6% | — |
| Maaco Auto Painting Center | 25 | 33.3% | — |
| Cottman Transmission | 18 | 56.3% | — |
| Midas Muffler Shop | 18 | thin | — |
| Christian Brothers Automotive | 13 | thin | — |
| Grease Monkey | 13 | thin | — |
| Pirtek | 13 | thin | — |
| Shell Service Station | 10 | thin | — |
| Goodyear Tire | 9 | thin | — |
| Mobil Oil (Stations) | 9 | thin | — |
Same sector, same state, same public records — how LINE-X 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 LINE-X's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →