Franchise Failure Rates

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

Workout Anytime 24/7 Franchise Failure Rate on SBA Loans: 2 of 18 Charged Off (Federal Data)

2 of 18
SBA 7(a) loans to Workout Anytime 24/7 franchisees (FY2010–2019) ended in charge-off
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Workout Anytime 24/7 against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Workout Anytime 24/7 11.1%; Fitness and Recreational Sports Centers 11.4%; All franchises 10.2%Workout Anytime 24/7 11.1%; Fitness and Recreational Sports Centers 11.4%; All franchises 10.2%0%5%10%Workout Anytime 24/711.1% (small sample)Fitness and RecreationalSports Centers11.4%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Workout Anytime 24/7 11.1%; Fitness and Recreational Sports Centers 11.4%; All franchises 10.2%Workout Anytime 24/7 11.1%; Fitness and Recreational Sports Centers 11.4%; All franchises 10.2%0%5%10%Workout Anytime 24/711.1% (small sample)Fitness and Recreational Sports Centers11.4%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

2 of 18 Workout Anytime 24/7 SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.

2 of 18 SBA 7(a) loans to Workout Anytime 24/7 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 Workout Anytime 24/7 franchise failure rate on SBA loans?

Workout Anytime 24/7 is a Fitness and Recreational Sports Centers franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Workout Anytime 24/7 franchisees: 18 loans approved between fiscal 2010 and 2019, of which 2 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 Workout Anytime 24/7 compare with other Fitness and Recreational Sports Centers franchises?

The table sets Workout Anytime 24/7's charge-off rate beside its Fitness and Recreational Sports Centers 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.

Workout Anytime 24/7 versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureWorkout Anytime 24/7Fitness and Recreational Sports CentersAll franchisesAll SBA borrowers
Default (charge-off) rate11.1% (small sample)11.4%10.2%8.0%
Loans in sample18———
Defaults2———
Average loan size$330,556———
Charge-off rate by approval year — share of each fiscal year's Workout Anytime 24/7 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: FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 17% of 6 loans; FY2017 25% of 4 loans; FY2018 0% of 2 loansCharge-off rate by approval year: FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 17% of 6 loans; FY2017 25% of 4 loans; FY2018 0% of 2 loans0%5%10%0%2014n=10%2015n=517%2016n=625%2017n=40%2018n=2
Charge-off rate by approval year: FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 17% of 6 loans; FY2017 25% of 4 loans; FY2018 0% of 2 loansCharge-off rate by approval year: FY2014 0% of 1 loans; FY2015 0% of 5 loans; FY2016 17% of 6 loans; FY2017 25% of 4 loans; FY2018 0% of 2 loans0%5%10%0%’14n=10%’15n=517%’16n=625%’17n=40%’18n=2

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2014100.0%
FY2015500.0%
FY20166116.7%
FY20174125.0%
FY2018200.0%

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?

Workout Anytime 24/7's figure rests on 18 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 18 resolved loans, one default moves the rate by about 5.6 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 Workout Anytime 24/7 figure is recomputed from the public SBA FOIA file on each rebuild.

Small sample (18 loans). A single default moves this figure substantially.

Frequently asked

What is Workout Anytime 24/7's franchise failure rate on SBA loans?
2 of 18 SBA 7(a) loans to Workout Anytime 24/7 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 Workout Anytime 24/7 a safe franchise investment?
Between 2010–2019, 2 of 18 SBA loans to Workout Anytime 24/7 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). Workout Anytime 24/7 franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 2 of 18 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/workout-anytime-24-7/ · Data & methodology · Download the dataset (CSV)