Franchise Failure Rates

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

European Wax Centers-galleria Franchise Failure Rate: 0.0% SBA Loan Defaults (2010–2019 Federal Data)

0.0%
charge-off rate on 28 SBA 7(a) loans to European Wax Centers-galleria franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — European Wax Centers-galleria against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: European Wax Centers-galleria 0.0%; Other Personal Care Services 10.0%; All franchises 10.2%European Wax Centers-galleria 0.0%; Other Personal Care Services 10.0%; All franchises 10.2%0%2%4%6%8%10%European WaxCenters-galleria0.0%Other Personal CareServices10.0%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: European Wax Centers-galleria 0.0%; Other Personal Care Services 10.0%; All franchises 10.2%European Wax Centers-galleria 0.0%; Other Personal Care Services 10.0%; All franchises 10.2%0%2%4%6%8%10%European Wax Centers-galleria0.0%Other Personal Care Services10.0%All franchises10.2%

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

None of the 28 European Wax Centers-galleria SBA borrowers in the sample failed to repay — well below the Other Personal Care Services average of 10.0%.

Between 2010 and 2019, 28 European Wax Centers-galleria franchisees financed with SBA 7(a) loans. None defaulted — a 0.0% charge-off rate, against a Other Personal Care Services average of 10.0%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the European Wax Centers-galleria franchise failure rate on SBA loans?

European Wax Centers-galleria is a Other Personal Care Services franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to European Wax Centers-galleria franchisees: 28 loans approved between fiscal 2010 and 2019, of which 0 were 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 European Wax Centers-galleria compare with other Other Personal Care Services franchises?

The table sets European Wax Centers-galleria's charge-off rate beside its Other Personal Care Services 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.

European Wax Centers-galleria versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureEuropean Wax Centers-galleriaOther Personal Care ServicesAll franchisesAll SBA borrowers
Default (charge-off) rate0.0%10.0%10.2%8.0%
Loans in sample28———
Defaults0———
Average loan size$263,507———
Charge-off rate by approval year — share of each fiscal year's European Wax Centers-galleria 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 13 loans; FY2011 0% of 8 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loansCharge-off rate by approval year: FY2010 0% of 13 loans; FY2011 0% of 8 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loans0%5%10%0%2010n=130%2011n=80%2012n=50%2013n=2
Charge-off rate by approval year: FY2010 0% of 13 loans; FY2011 0% of 8 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loansCharge-off rate by approval year: FY2010 0% of 13 loans; FY2011 0% of 8 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loans0%5%10%0%’10n=130%’11n=80%’12n=50%’13n=2

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY20101300.0%
FY2011800.0%
FY2012500.0%
FY2013200.0%

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?

European Wax Centers-galleria's figure rests on 28 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 28 resolved loans, one default moves the rate by about 3.6 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 European Wax Centers-galleria figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 28 resolved loans — directional, not precise.

Frequently asked

What is European Wax Centers-galleria's franchise failure rate on SBA loans?
Between 2010 and 2019, 28 European Wax Centers-galleria franchisees financed with SBA 7(a) loans. None defaulted — a 0.0% charge-off rate, against a Other Personal Care Services average of 10.0%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is European Wax Centers-galleria a safe franchise investment?
Between 2010–2019, European Wax Centers-galleria franchisees defaulted on SBA loans at 0.0% versus a 10.0% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). European Wax Centers-galleria franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 0.0% (0 of 28 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/european-wax-centers-galleria/ · Data & methodology · Download the dataset (CSV)