SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Batteries Plus Franchise Failure Rate: 21.7% SBA Loan Defaults (2010–2019 Federal Data)
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
About 1 in 5 Batteries Plus SBA borrowers failed to repay — more than double the All Other Miscellaneous Store Retailers (except Tobacco Stores) average of 10.3%.
Between 2010 and 2019, 23 Batteries Plus franchisees financed with SBA 7(a) loans. 5 defaulted — a 21.7% charge-off rate, 2.1x the All Other Miscellaneous Store Retailers (except Tobacco Stores) average of 10.3%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
What is the Batteries Plus franchise failure rate on SBA loans?
Batteries Plus is a All Other Miscellaneous Store Retailers (except Tobacco Stores) franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Batteries Plus franchisees: 23 loans approved between fiscal 2010 and 2019, of which 5 were charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.
- SBA 7(a) loans approved FY2010–FY201923
- Charged off5
- Charge-off rate21.7%
- All Other Miscellaneous Store Retailers (except Tobacco Stores) franchise benchmark10.3%
- Brand vs industry2.1x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$560,161
- New SBA loans since 202071
- Early charge-offs since 20202
How does Batteries Plus compare with other All Other Miscellaneous Store Retailers (except Tobacco Stores) franchises?
The table sets Batteries Plus's charge-off rate beside its All Other Miscellaneous Store Retailers (except Tobacco Stores) peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable. A cell in red is more than twice the industry benchmark.
| Measure | Batteries Plus | All Other Miscellaneous Store Retailers (except Tobacco Stores) | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 21.7% | 10.3% | 10.2% | 8.0% |
| Loans in sample | 23 | — | — | — |
| Defaults | 5 | — | — | — |
| Average loan size | $560,161 | — | — | — |
What has Batteries Plus SBA lending looked like since 2020?
Since 2020, Batteries Plus franchisees have taken 71 new SBA 7(a) loans. 2 have already charged off. Early defaults on loans under six years old are notable — most SBA failures take longer to develop.
Loans approved since 2020, by fiscal year — counts only: 2 have charged off to date and most are still outstanding, so no rate is drawn.
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2010 | 4 | 0 | 0.0% |
| FY2011 | 1 | 0 | 0.0% |
| FY2012 | 3 | 2 | 66.7% |
| FY2013 | 7 | 1 | 14.3% |
| FY2018 | 5 | 1 | 20.0% |
| FY2019 | 3 | 1 | 33.3% |
| FY2020 | 3 | — | outstanding |
| FY2021 | 9 | — | outstanding |
| FY2022 | 26 | — | outstanding |
| FY2023 | 10 | — | outstanding |
| FY2024 | 6 | — | outstanding |
| FY2025 | 10 | — | outstanding |
| FY2026 | 7 | — | outstanding |
How to read this
A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.
How reliable is this number?
Batteries Plus's figure rests on 23 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the rate is a settled outcome, not a projection. With 23 resolved loans, one default moves the rate by about 4.3 percentage points. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every Batteries Plus figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 23 resolved loans — directional, not precise.
Frequently asked
- What is Batteries Plus's franchise failure rate on SBA loans?
- Between 2010 and 2019, 23 Batteries Plus franchisees financed with SBA 7(a) loans. 5 defaulted — a 21.7% charge-off rate, 2.1x the All Other Miscellaneous Store Retailers (except Tobacco Stores) average of 10.3%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
- Is Batteries Plus a safe franchise investment?
- Between 2010–2019, Batteries Plus franchisees defaulted on SBA loans at 21.7% versus a 10.3% industry average. This data is one input for due diligence; it is not investment advice.
Cite this page
Franchise Default Rates (2026). Batteries Plus franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 21.7% (5 of 23 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/batteries-plus/ · Data & methodology · Download the dataset (CSV)