Franchise Failure Rates

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

Uptown Cheapskate Franchise Failure Rate: 11.5% SBA Loan Defaults (2010–2019 Federal Data)

11.5%
charge-off rate on 26 SBA 7(a) loans to Uptown Cheapskate franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Uptown Cheapskate against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Uptown Cheapskate 11.5%; Used Merchandise Stores 9.7%; All franchises 10.2%Uptown Cheapskate 11.5%; Used Merchandise Stores 9.7%; All franchises 10.2%0%5%10%Uptown Cheapskate11.5%Used Merchandise Stores9.7%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Uptown Cheapskate 11.5%; Used Merchandise Stores 9.7%; All franchises 10.2%Uptown Cheapskate 11.5%; Used Merchandise Stores 9.7%; All franchises 10.2%0%5%10%Uptown Cheapskate11.5%Used Merchandise Stores9.7%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 9 Uptown Cheapskate SBA borrowers failed to repay — above the Used Merchandise Stores average of 9.7%.

Between 2010 and 2019, 26 Uptown Cheapskate franchisees financed with SBA 7(a) loans. 3 defaulted — a 11.5% charge-off rate, 1.2x the Used Merchandise Stores average of 9.7%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Uptown Cheapskate franchise failure rate on SBA loans?

Uptown Cheapskate is a Used Merchandise 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 Uptown Cheapskate franchisees: 26 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 Uptown Cheapskate compare with other Used Merchandise Stores franchises?

The table sets Uptown Cheapskate's charge-off rate beside its Used Merchandise 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.

Uptown Cheapskate versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureUptown CheapskateUsed Merchandise StoresAll franchisesAll SBA borrowers
Default (charge-off) rate11.5%9.7%10.2%8.0%
Loans in sample26———
Defaults3———
Average loan size$223,500———

What has Uptown Cheapskate SBA lending looked like since 2020?

Since 2020, Uptown Cheapskate franchisees have taken 74 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 Uptown Cheapskate 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 2 loans; FY2013 0% of 4 loans; FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 0% of 4 loans; FY2017 100% of 2 loans; FY2018 33% of 3 loans; FY2019 0% of 4 loansCharge-off rate by approval year: FY2011 0% of 1 loans; FY2012 0% of 2 loans; FY2013 0% of 4 loans; FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 0% of 4 loans; FY2017 100% of 2 loans; FY2018 33% of 3 loans; FY2019 0% of 4 loans0%5%10%0%2011n=10%2012n=20%2013n=40%2014n=10%2015n=50%2016n=4100%2017n=233%2018n=30%2019n=4
Charge-off rate by approval year: FY2011 0% of 1 loans; FY2012 0% of 2 loans; FY2013 0% of 4 loans; FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 0% of 4 loans; FY2017 100% of 2 loans; FY2018 33% of 3 loans; FY2019 0% of 4 loansCharge-off rate by approval year: FY2011 0% of 1 loans; FY2012 0% of 2 loans; FY2013 0% of 4 loans; FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 0% of 4 loans; FY2017 100% of 2 loans; FY2018 33% of 3 loans; FY2019 0% of 4 loans0%5%10%0%’11n=10%’12n=20%’13n=40%’14n=10%’15n=50%’16n=4100%’17n=233%’18n=30%’19n=4

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 8; FY2021 14; FY2022 12; FY2023 10; FY2024 5; FY2025 13; FY2026 12Loans approved since 2020: FY2020 8; FY2021 14; FY2022 12; FY2023 10; FY2024 5; FY2025 13; FY2026 128202014202112202210202352024132025122026
Loans approved since 2020: FY2020 8; FY2021 14; FY2022 12; FY2023 10; FY2024 5; FY2025 13; FY2026 12Loans approved since 2020: FY2020 8; FY2021 14; FY2022 12; FY2023 10; FY2024 5; FY2025 13; FY2026 128’2014’2112’2210’235’2413’2512’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2011100.0%
FY2012200.0%
FY2013400.0%
FY2014100.0%
FY2015500.0%
FY2016400.0%
FY201722100.0%
FY20183133.3%
FY2019400.0%
FY20208—outstanding
FY202114—outstanding
FY202212—outstanding
FY202310—outstanding
FY20245—outstanding
FY202513—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?

Uptown Cheapskate's figure rests on 26 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 26 resolved loans, one default moves the rate by about 3.8 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 Uptown Cheapskate figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 26 resolved loans — directional, not precise.

Frequently asked

What is Uptown Cheapskate's franchise failure rate on SBA loans?
Between 2010 and 2019, 26 Uptown Cheapskate franchisees financed with SBA 7(a) loans. 3 defaulted — a 11.5% charge-off rate, 1.2x the Used Merchandise Stores average of 9.7%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Uptown Cheapskate a safe franchise investment?
Between 2010–2019, Uptown Cheapskate franchisees defaulted on SBA loans at 11.5% versus a 9.7% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Uptown Cheapskate franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 11.5% (3 of 26 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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