Franchise Failure Rates

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

Massage LuXe Franchise Failure Rate: 10.0% SBA Loan Defaults (2010–2019 Federal Data)

10.0%
charge-off rate on 30 SBA 7(a) loans to Massage LuXe franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Massage LuXe against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Massage LuXe 10.0%; Other Personal Care Services 10.0%; All franchises 10.2%Massage LuXe 10.0%; Other Personal Care Services 10.0%; All franchises 10.2%0%2%4%6%8%10%Massage LuXe10.0%Other Personal CareServices10.0%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Massage LuXe 10.0%; Other Personal Care Services 10.0%; All franchises 10.2%Massage LuXe 10.0%; Other Personal Care Services 10.0%; All franchises 10.2%0%2%4%6%8%10%Massage LuXe10.0%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.

About 1 in 10 Massage LuXe SBA borrowers failed to repay — in line with the Other Personal Care Services average of 10.0%.

Between 2010 and 2019, 30 Massage LuXe franchisees financed with SBA 7(a) loans. 3 defaulted — a 10.0% charge-off rate, 1.0x the 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 Massage LuXe franchise failure rate on SBA loans?

Massage LuXe 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 Massage LuXe franchisees: 30 loans approved between fiscal 2010 and 2019, of which 3 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 Massage LuXe compare with other Other Personal Care Services franchises?

The table sets Massage LuXe'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.

Massage LuXe versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureMassage LuXeOther Personal Care ServicesAll franchisesAll SBA borrowers
Default (charge-off) rate10.0%10.0%10.2%8.0%
Loans in sample30———
Defaults3———
Average loan size$346,220———

What has Massage LuXe SBA lending looked like since 2020?

Since 2020, Massage LuXe franchisees have taken 34 new SBA 7(a) loans. None have charged off to date, though most remain outstanding and unresolved.

Charge-off rate by approval year — share of each fiscal year's Massage LuXe 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: FY2011 0% of 1 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loans; FY2014 0% of 4 loans; FY2015 33% of 3 loans; FY2016 0% of 2 loans; FY2017 0% of 4 loans; FY2018 0% of 4 loans; FY2019 40% of 5 loansCharge-off rate by approval year: FY2011 0% of 1 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loans; FY2014 0% of 4 loans; FY2015 33% of 3 loans; FY2016 0% of 2 loans; FY2017 0% of 4 loans; FY2018 0% of 4 loans; FY2019 40% of 5 loans0%5%10%0%2011n=10%2012n=50%2013n=20%2014n=433%2015n=30%2016n=20%2017n=40%2018n=440%2019n=5
Charge-off rate by approval year: FY2011 0% of 1 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loans; FY2014 0% of 4 loans; FY2015 33% of 3 loans; FY2016 0% of 2 loans; FY2017 0% of 4 loans; FY2018 0% of 4 loans; FY2019 40% of 5 loansCharge-off rate by approval year: FY2011 0% of 1 loans; FY2012 0% of 5 loans; FY2013 0% of 2 loans; FY2014 0% of 4 loans; FY2015 33% of 3 loans; FY2016 0% of 2 loans; FY2017 0% of 4 loans; FY2018 0% of 4 loans; FY2019 40% of 5 loans0%5%10%0%’11n=10%’12n=50%’13n=20%’14n=433%’15n=30%’16n=20%’17n=40%’18n=440%’19n=5

Loans approved since 2020, by fiscal year — counts only: 0 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 3; FY2021 6; FY2022 3; FY2023 12; FY2024 3; FY2025 4; FY2026 3Loans approved since 2020: FY2020 3; FY2021 6; FY2022 3; FY2023 12; FY2024 3; FY2025 4; FY2026 3320206202132022122023320244202532026
Loans approved since 2020: FY2020 3; FY2021 6; FY2022 3; FY2023 12; FY2024 3; FY2025 4; FY2026 3Loans approved since 2020: FY2020 3; FY2021 6; FY2022 3; FY2023 12; FY2024 3; FY2025 4; FY2026 33’206’213’2212’233’244’253’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2011100.0%
FY2012500.0%
FY2013200.0%
FY2014400.0%
FY20153133.3%
FY2016200.0%
FY2017400.0%
FY2018400.0%
FY20195240.0%
FY20203—outstanding
FY20216—outstanding
FY20223—outstanding
FY202312—outstanding
FY20243—outstanding
FY20254—outstanding
FY20263—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?

Massage LuXe's figure rests on 30 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 30 resolved loans, one default moves the rate by about 3.3 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 Massage LuXe figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 30 resolved loans — directional, not precise.

Frequently asked

What is Massage LuXe's franchise failure rate on SBA loans?
Between 2010 and 2019, 30 Massage LuXe franchisees financed with SBA 7(a) loans. 3 defaulted — a 10.0% charge-off rate, 1.0x the Other Personal Care Services average of 10.0%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Massage LuXe a safe franchise investment?
Between 2010–2019, Massage LuXe franchisees defaulted on SBA loans at 10.0% 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). Massage LuXe franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 10.0% (3 of 30 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/massage-luxe/ · Data & methodology · Download the dataset (CSV)