Franchise Failure Rates

SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026

Do IT Best Hardware Franchise Failure Rate: 4.8% SBA Loan Defaults (2010–2019 Federal Data)

4.8%
charge-off rate on 21 SBA 7(a) loans to Do IT Best Hardware franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Do IT Best Hardware against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Do IT Best Hardware 4.8%; Hardware Stores 7.6%; All franchises 10.2%Do IT Best Hardware 4.8%; Hardware Stores 7.6%; All franchises 10.2%0%2%4%6%8%10%Do IT Best Hardware4.8%Hardware Stores7.6%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Do IT Best Hardware 4.8%; Hardware Stores 7.6%; All franchises 10.2%Do IT Best Hardware 4.8%; Hardware Stores 7.6%; All franchises 10.2%0%2%4%6%8%10%Do IT Best Hardware4.8%Hardware Stores7.6%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

About 1 in 21 Do IT Best Hardware SBA borrowers failed to repay — well below the Hardware Stores average of 7.6%.

Between 2010 and 2019, 21 Do IT Best Hardware franchisees financed with SBA 7(a) loans. 1 defaulted — a 4.8% charge-off rate, 0.6x the Hardware Stores average of 7.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Do IT Best Hardware franchise failure rate on SBA loans?

Do IT Best Hardware is a Hardware 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 Do IT Best Hardware franchisees: 21 loans approved between fiscal 2010 and 2019, of which 1 was charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.

How does Do IT Best Hardware compare with other Hardware Stores franchises?

The table sets Do IT Best Hardware's charge-off rate beside its Hardware 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.

Do IT Best Hardware versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureDo IT Best HardwareHardware StoresAll franchisesAll SBA borrowers
Default (charge-off) rate4.8%7.6%10.2%8.0%
Loans in sample21———
Defaults1———
Average loan size$329,505———
Charge-off rate by approval year — share of each fiscal year's Do IT Best Hardware SBA 7(a) loans that later defaulted (FY2010–FY2019); years with fewer than 10 loans are outlined, not filled
Charge-off rate by approval year: FY2010 0% of 2 loans; FY2011 0% of 4 loans; FY2013 100% of 1 loans; FY2014 0% of 5 loans; FY2015 0% of 1 loans; FY2016 0% of 6 loans; FY2017 0% of 2 loansCharge-off rate by approval year: FY2010 0% of 2 loans; FY2011 0% of 4 loans; FY2013 100% of 1 loans; FY2014 0% of 5 loans; FY2015 0% of 1 loans; FY2016 0% of 6 loans; FY2017 0% of 2 loans0%5%10%0%2010n=20%2011n=4100%2013n=10%2014n=50%2015n=10%2016n=60%2017n=2
Charge-off rate by approval year: FY2010 0% of 2 loans; FY2011 0% of 4 loans; FY2013 100% of 1 loans; FY2014 0% of 5 loans; FY2015 0% of 1 loans; FY2016 0% of 6 loans; FY2017 0% of 2 loansCharge-off rate by approval year: FY2010 0% of 2 loans; FY2011 0% of 4 loans; FY2013 100% of 1 loans; FY2014 0% of 5 loans; FY2015 0% of 1 loans; FY2016 0% of 6 loans; FY2017 0% of 2 loans0%5%10%0%’10n=20%’11n=4100%’13n=10%’14n=50%’15n=10%’16n=60%’17n=2

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010200.0%
FY2011400.0%
FY201311100.0%
FY2014500.0%
FY2015100.0%
FY2016600.0%
FY2017200.0%

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?

Do IT Best Hardware's figure rests on 21 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 21 resolved loans, one default moves the rate by about 4.8 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 Do IT Best Hardware figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 21 resolved loans — directional, not precise.

Frequently asked

What is Do IT Best Hardware's franchise failure rate on SBA loans?
Between 2010 and 2019, 21 Do IT Best Hardware franchisees financed with SBA 7(a) loans. 1 defaulted — a 4.8% charge-off rate, 0.6x the Hardware Stores average of 7.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Do IT Best Hardware a safe franchise investment?
Between 2010–2019, Do IT Best Hardware franchisees defaulted on SBA loans at 4.8% versus a 7.6% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Do IT Best Hardware franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 4.8% (1 of 21 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/do-it-best-hardware/ · Data & methodology · Download the dataset (CSV)