Franchise Failure Rates

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

Health Mart Pharmacies Franchise Failure Rate: 12.1% SBA Loan Defaults (2010–2019 Federal Data)

12.1%
charge-off rate on 33 SBA 7(a) loans to Health Mart Pharmacies franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Health Mart Pharmacies against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Health Mart Pharmacies 12.1%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%Health Mart Pharmacies 12.1%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%0%5%10%Health Mart Pharmacies12.1%Pharmacies and DrugStores6.0%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Health Mart Pharmacies 12.1%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%Health Mart Pharmacies 12.1%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%0%5%10%Health Mart Pharmacies12.1%Pharmacies and Drug Stores6.0%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 8 Health Mart Pharmacies SBA borrowers failed to repay — more than double the Pharmacies and Drug Stores average of 6.0%.

Between 2010 and 2019, 33 Health Mart Pharmacies franchisees financed with SBA 7(a) loans. 4 defaulted — a 12.1% charge-off rate, 2.0x the Pharmacies and Drug Stores average of 6.0%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Health Mart Pharmacies franchise failure rate on SBA loans?

Health Mart Pharmacies is a Pharmacies and Drug 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 Health Mart Pharmacies franchisees: 33 loans approved between fiscal 2010 and 2019, of which 4 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 Health Mart Pharmacies compare with other Pharmacies and Drug Stores franchises?

The table sets Health Mart Pharmacies's charge-off rate beside its Pharmacies and Drug 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.

Health Mart Pharmacies versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureHealth Mart PharmaciesPharmacies and Drug StoresAll franchisesAll SBA borrowers
Default (charge-off) rate12.1%6.0%10.2%8.0%
Loans in sample33———
Defaults4———
Average loan size$604,382———
Charge-off rate by approval year — share of each fiscal year's Health Mart Pharmacies 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: FY2014 0% of 2 loans; FY2015 0% of 5 loans; FY2016 20% of 15 loans; FY2017 11% of 9 loans; FY2018 0% of 2 loansCharge-off rate by approval year: FY2014 0% of 2 loans; FY2015 0% of 5 loans; FY2016 20% of 15 loans; FY2017 11% of 9 loans; FY2018 0% of 2 loans0%10%20%0%2014n=20%2015n=520%2016n=1511%2017n=90%2018n=2
Charge-off rate by approval year: FY2014 0% of 2 loans; FY2015 0% of 5 loans; FY2016 20% of 15 loans; FY2017 11% of 9 loans; FY2018 0% of 2 loansCharge-off rate by approval year: FY2014 0% of 2 loans; FY2015 0% of 5 loans; FY2016 20% of 15 loans; FY2017 11% of 9 loans; FY2018 0% of 2 loans0%10%20%0%’14n=20%’15n=520%’16n=1511%’17n=90%’18n=2

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2014200.0%
FY2015500.0%
FY201615320.0%
FY20179111.1%
FY2018200.0%

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?

Health Mart Pharmacies's figure rests on 33 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 33 resolved loans, one default moves the rate by about 3.0 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 Health Mart Pharmacies figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 33 resolved loans — directional, not precise.

Frequently asked

What is Health Mart Pharmacies's franchise failure rate on SBA loans?
Between 2010 and 2019, 33 Health Mart Pharmacies franchisees financed with SBA 7(a) loans. 4 defaulted — a 12.1% charge-off rate, 2.0x the Pharmacies and Drug Stores average of 6.0%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Health Mart Pharmacies a safe franchise investment?
Between 2010–2019, Health Mart Pharmacies franchisees defaulted on SBA loans at 12.1% versus a 6.0% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Health Mart Pharmacies franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 12.1% (4 of 33 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/health-mart-pharmacies/ · Data & methodology · Download the dataset (CSV)