Franchise Failure Rates

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

Play It Again Sports Franchise Failure Rate: 4.8% SBA Loan Defaults (2010–2019 Federal Data)

4.8%
charge-off rate on 62 SBA 7(a) loans to Play It Again Sports franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Play It Again Sports against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Play It Again Sports 4.8%; Sporting Goods Stores 10.8%; All franchises 10.2%Play It Again Sports 4.8%; Sporting Goods Stores 10.8%; All franchises 10.2%0%2%4%6%8%10%Play It Again Sports4.8%Sporting Goods Stores10.8%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Play It Again Sports 4.8%; Sporting Goods Stores 10.8%; All franchises 10.2%Play It Again Sports 4.8%; Sporting Goods Stores 10.8%; All franchises 10.2%0%2%4%6%8%10%Play It Again Sports4.8%Sporting Goods Stores10.8%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 21 Play It Again Sports SBA borrowers failed to repay — well below the Sporting Goods Stores average of 10.8%.

Between 2010 and 2019, 62 Play It Again Sports franchisees financed with SBA 7(a) loans. 3 defaulted — a 4.8% charge-off rate, 0.4x the Sporting Goods Stores average of 10.8%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Play It Again Sports franchise failure rate on SBA loans?

Play It Again Sports is a Sporting Goods 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 Play It Again Sports franchisees: 62 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 Play It Again Sports compare with other Sporting Goods Stores franchises?

The table sets Play It Again Sports's charge-off rate beside its Sporting Goods 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.

Play It Again Sports versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasurePlay It Again SportsSporting Goods StoresAll franchisesAll SBA borrowers
Default (charge-off) rate4.8%10.8%10.2%8.0%
Loans in sample62———
Defaults3———
Average loan size$198,110———

What has Play It Again Sports SBA lending looked like since 2020?

Since 2020, Play It Again Sports franchisees have taken 70 new SBA 7(a) loans. 3 have already charged off. Early defaults on loans under six years old are notable — most SBA failures take longer to develop.

Charge-off rate by approval year — share of each fiscal year's Play It Again Sports 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 0% of 3 loans; FY2011 0% of 12 loans; FY2012 33% of 3 loans; FY2013 0% of 3 loans; FY2014 12% of 8 loans; FY2015 0% of 8 loans; FY2016 0% of 7 loans; FY2017 0% of 3 loans; FY2018 0% of 11 loans; FY2019 25% of 4 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 12 loans; FY2012 33% of 3 loans; FY2013 0% of 3 loans; FY2014 12% of 8 loans; FY2015 0% of 8 loans; FY2016 0% of 7 loans; FY2017 0% of 3 loans; FY2018 0% of 11 loans; FY2019 25% of 4 loans0%5%10%0%2010n=30%2011n=1233%2012n=30%2013n=312%2014n=80%2015n=80%2016n=70%2017n=30%2018n=1125%2019n=4
Charge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 12 loans; FY2012 33% of 3 loans; FY2013 0% of 3 loans; FY2014 12% of 8 loans; FY2015 0% of 8 loans; FY2016 0% of 7 loans; FY2017 0% of 3 loans; FY2018 0% of 11 loans; FY2019 25% of 4 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 12 loans; FY2012 33% of 3 loans; FY2013 0% of 3 loans; FY2014 12% of 8 loans; FY2015 0% of 8 loans; FY2016 0% of 7 loans; FY2017 0% of 3 loans; FY2018 0% of 11 loans; FY2019 25% of 4 loans0%5%10%0%’10n=30%’11n=1233%’12n=30%’13n=312%’14n=80%’15n=80%’16n=70%’17n=30%’18n=1125%’19n=4

Loans approved since 2020, by fiscal year — counts only: 3 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 3; FY2021 6; FY2022 11; FY2023 15; FY2024 13; FY2025 10; FY2026 12Loans approved since 2020: FY2020 3; FY2021 6; FY2022 11; FY2023 15; FY2024 13; FY2025 10; FY2026 123202062021112022152023132024102025122026
Loans approved since 2020: FY2020 3; FY2021 6; FY2022 11; FY2023 15; FY2024 13; FY2025 10; FY2026 12Loans approved since 2020: FY2020 3; FY2021 6; FY2022 11; FY2023 15; FY2024 13; FY2025 10; FY2026 123’206’2111’2215’2313’2410’2512’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010300.0%
FY20111200.0%
FY20123133.3%
FY2013300.0%
FY20148112.5%
FY2015800.0%
FY2016700.0%
FY2017300.0%
FY20181100.0%
FY20194125.0%
FY20203—outstanding
FY20216—outstanding
FY202211—outstanding
FY202315—outstanding
FY202413—outstanding
FY202510—outstanding
FY202612—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?

Play It Again Sports's figure rests on 62 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 62 resolved loans, one default moves the rate by about 1.6 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 Play It Again Sports figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 62 resolved loans — directional, not precise.

Frequently asked

What is Play It Again Sports's franchise failure rate on SBA loans?
Between 2010 and 2019, 62 Play It Again Sports franchisees financed with SBA 7(a) loans. 3 defaulted — a 4.8% charge-off rate, 0.4x the Sporting Goods Stores average of 10.8%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Play It Again Sports a safe franchise investment?
Between 2010–2019, Play It Again Sports franchisees defaulted on SBA loans at 4.8% versus a 10.8% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Play It Again Sports franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 4.8% (3 of 62 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/play-it-again-sports/ · Data & methodology · Download the dataset (CSV)