FRANCHISE·WATCH·DESK

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

SUPERCUTS franchise in California: what the public record shows

Franchisees of SUPERCUTS in California have taken 32 SBA loans since 1991 (average $450,809), and of the 22 loans whose story has ended, 0.0% were charged off — versus 3.1% for SUPERCUTS nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 318 franchised outlets in California (fiscal 2025) — about 0.81 per 100k residents.

SBA loan outcomes · Californiavs national

Loans in CA

32

Resolved

22

Local charge-off

0.0%

National charge-off

3.1%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CA. 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 · California vs nationalTypical density

Businesses in this industry

9,298

statewide, all operators

Per 100k residents

23.6

national 26.6

Versus the country

-11%

thinner

Every business in SUPERCUTS's industry operating in California — 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.

Franchised outlets in California · FDD Item 20-45 over the disclosed window
Fiscal yearFranchisedCompany-owned
20233630
20243460
20253180
Same-sector systems with SBA loan history in California12 systems
SystemLoans in CALocal charge-offUnits in CA
GREAT CLIPS6514.0%
European Wax Centers-Galleria493.1%
Fantastic Sams4717.9%
Planet Beach3562.5%
Amazing Lash Studio2922.7%34
The Lash Lounge15thin
18/8 Fine Men'S Salons130.0%
Hand and Stone Massage and Facial Spa10thin
THE NOW9thin
Elements Therapeutic Massage8thin
Hollywood Tans8thin
WAXING THE CITY8thin

Same sector, same state, same public records — how SUPERCUTS compares to the systems a buyer in California would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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