SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Fox's Pizza Den Franchise Failure Rate on SBA Loans: 2 of 19 Charged Off (Federal Data)
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
2 of 19 Fox's Pizza Den SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.
2 of 19 SBA 7(a) loans to Fox's Pizza Den franchisees (2010–2019) ended in charge-off. The sample is small; treat this as a diligence flag, not a verdict. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
What is the Fox's Pizza Den franchise failure rate on SBA loans?
Fox's Pizza Den is a Full-Service Restaurants franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Fox's Pizza Den franchisees: 19 loans approved between fiscal 2010 and 2019, of which 2 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–FY201919
- Charged off2
- Charge-off rate (small sample)10.5%
- Full-Service Restaurants franchise benchmark9.6%
- Brand vs industry1.1x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$137,142
- New SBA loans since 202019
- Early charge-offs since 20201
How does Fox's Pizza Den compare with other Full-Service Restaurants franchises?
The table sets Fox's Pizza Den's charge-off rate beside its Full-Service Restaurants 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.
| Measure | Fox's Pizza Den | Full-Service Restaurants | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 10.5% (small sample) | 9.6% | 10.2% | 8.0% |
| Loans in sample | 19 | — | — | — |
| Defaults | 2 | — | — | — |
| Average loan size | $137,142 | — | — | — |
What has Fox's Pizza Den SBA lending looked like since 2020?
Since 2020, Fox's Pizza Den franchisees have taken 19 new SBA 7(a) loans. 1 has 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: 1 has 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 | 3 | 0 | 0.0% |
| FY2011 | 1 | 0 | 0.0% |
| FY2012 | 3 | 1 | 33.3% |
| FY2013 | 3 | 1 | 33.3% |
| FY2014 | 1 | 0 | 0.0% |
| FY2016 | 1 | 0 | 0.0% |
| FY2017 | 4 | 0 | 0.0% |
| FY2018 | 2 | 0 | 0.0% |
| FY2019 | 1 | 0 | 0.0% |
| FY2020 | 3 | — | outstanding |
| FY2021 | 3 | — | outstanding |
| FY2022 | 3 | — | outstanding |
| FY2023 | 2 | — | outstanding |
| FY2024 | 4 | — | outstanding |
| FY2025 | 3 | — | outstanding |
| FY2026 | 1 | — | 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?
Fox's Pizza Den's figure rests on 19 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the count is a settled outcome, not a projection. With 19 resolved loans, one default moves the rate by about 5.3 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 Fox's Pizza Den figure is recomputed from the public SBA FOIA file on each rebuild.
Small sample (19 loans). A single default moves this figure substantially.
Frequently asked
- What is Fox's Pizza Den's franchise failure rate on SBA loans?
- 2 of 19 SBA 7(a) loans to Fox's Pizza Den franchisees (2010–2019) ended in charge-off. The sample is small; treat this as a diligence flag, not a verdict. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
- Is Fox's Pizza Den a safe franchise investment?
- Between 2010–2019, 2 of 19 SBA loans to Fox's Pizza Den franchisees were charged off. The sample is small. This data is one input for due diligence; it is not investment advice.
Cite this page
Franchise Default Rates (2026). Fox's Pizza Den franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 2 of 19 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/foxs-pizza-den/ · Data & methodology · Download the dataset (CSV)