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

Medicine Shoppe Franchise Failure Rate on SBA Loans: 1 of 16 Charged Off (Federal Data)

1 of 16
SBA 7(a) loans to Medicine Shoppe franchisees (FY2010–2019) ended in charge-off
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Medicine Shoppe against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Medicine Shoppe 6.2%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%Medicine Shoppe 6.2%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%0%2%4%6%8%10%Medicine Shoppe6.2% (small sample)Pharmacies and DrugStores6.0%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Medicine Shoppe 6.2%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%Medicine Shoppe 6.2%; Pharmacies and Drug Stores 6.0%; All franchises 10.2%0%2%4%6%8%10%Medicine Shoppe6.2% (small sample)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.

1 of 16 Medicine Shoppe SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.

1 of 16 SBA 7(a) loans to Medicine Shoppe 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 Medicine Shoppe franchise failure rate on SBA loans?

Medicine Shoppe 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 Medicine Shoppe franchisees: 16 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 Medicine Shoppe compare with other Pharmacies and Drug Stores franchises?

The table sets Medicine Shoppe'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.

Medicine Shoppe versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureMedicine ShoppePharmacies and Drug StoresAll franchisesAll SBA borrowers
Default (charge-off) rate6.2% (small sample)6.0%10.2%8.0%
Loans in sample16
Defaults1
Average loan size$439,544
Charge-off rate by approval year — share of each fiscal year's Medicine Shoppe 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 20% of 5 loans; FY2011 0% of 3 loans; FY2012 0% of 8 loansCharge-off rate by approval year: FY2010 20% of 5 loans; FY2011 0% of 3 loans; FY2012 0% of 8 loans0%5%10%20%2010n=50%2011n=30%2012n=8
Charge-off rate by approval year: FY2010 20% of 5 loans; FY2011 0% of 3 loans; FY2012 0% of 8 loansCharge-off rate by approval year: FY2010 20% of 5 loans; FY2011 0% of 3 loans; FY2012 0% of 8 loans0%5%10%20%’10n=50%’11n=30%’12n=8

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY20105120.0%
FY2011300.0%
FY2012800.0%

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?

Medicine Shoppe's figure rests on 16 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 16 resolved loans, one default moves the rate by about 6.2 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 Medicine Shoppe figure is recomputed from the public SBA FOIA file on each rebuild.

Small sample (16 loans). A single default moves this figure substantially.

Frequently asked

What is Medicine Shoppe's franchise failure rate on SBA loans?
1 of 16 SBA 7(a) loans to Medicine Shoppe 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 Medicine Shoppe a safe franchise investment?
Between 2010–2019, 1 of 16 SBA loans to Medicine Shoppe 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). Medicine Shoppe franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 1 of 16 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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