SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Midas Muffler Shop Franchise Failure Rate: 8.3% SBA Loan Defaults (2010–2019 Federal Data)
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
About 1 in 12 Midas Muffler Shop SBA borrowers failed to repay — above the General Automotive Repair average of 7.6%.
Between 2010 and 2019, 36 Midas Muffler Shop franchisees financed with SBA 7(a) loans. 3 defaulted — a 8.3% charge-off rate, 1.1x the General Automotive Repair average of 7.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
What is the Midas Muffler Shop franchise failure rate on SBA loans?
Midas Muffler Shop is a General Automotive Repair franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Midas Muffler Shop franchisees: 36 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.
- SBA 7(a) loans approved FY2010–FY201936
- Charged off3
- Charge-off rate8.3%
- General Automotive Repair franchise benchmark7.6%
- Brand vs industry1.1x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$451,325
How does Midas Muffler Shop compare with other General Automotive Repair franchises?
The table sets Midas Muffler Shop's charge-off rate beside its General Automotive Repair 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 | Midas Muffler Shop | General Automotive Repair | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 8.3% | 7.6% | 10.2% | 8.0% |
| Loans in sample | 36 | — | — | — |
| Defaults | 3 | — | — | — |
| Average loan size | $451,325 | — | — | — |
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 | 9 | 0 | 0.0% |
| FY2011 | 7 | 2 | 28.6% |
| FY2012 | 9 | 1 | 11.1% |
| FY2013 | 11 | 0 | 0.0% |
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?
Midas Muffler Shop's figure rests on 36 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 36 resolved loans, one default moves the rate by about 2.8 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 Midas Muffler Shop figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 36 resolved loans — directional, not precise.
Frequently asked
- What is Midas Muffler Shop's franchise failure rate on SBA loans?
- Between 2010 and 2019, 36 Midas Muffler Shop franchisees financed with SBA 7(a) loans. 3 defaulted — a 8.3% charge-off rate, 1.1x the General Automotive Repair average of 7.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
- Is Midas Muffler Shop a safe franchise investment?
- Between 2010–2019, Midas Muffler Shop franchisees defaulted on SBA loans at 8.3% versus a 7.6% industry average. This data is one input for due diligence; it is not investment advice.
Cite this page
Franchise Default Rates (2026). Midas Muffler Shop franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 8.3% (3 of 36 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/midas-muffler-shop/ · Data & methodology · Download the dataset (CSV)