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

Cosmetics, Beauty Supplies, and Perfume Stores Franchise Failure Rates: SBA Loan Defaults for 2 Brands

Cosmetics, Beauty Supplies, and Perfume Stores franchises charged off 12.2% of SBA 7(a) loans approved FY2010–FY2019, versus 10.2% for all franchises and 8.0% for all SBA borrowers. This page tracks 2 brands: default rates ranged from Merle Norman Cosmetics (12.5%) to Armstrong McCall (17.4%). Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

How do Cosmetics, Beauty Supplies, and Perfume Stores franchises perform on SBA loans?

Across the 2 Cosmetics, Beauty Supplies, and Perfume Stores brands tracked here, 47 SBA 7(a) loans were approved between fiscal 2010 and 2019 and 7 were charged off — a pooled rate of 14.9% for these brands against a 12.2% benchmark for all Cosmetics, Beauty Supplies, and Perfume Stores franchise loans. 0 brands with 20+ loans ran at more than twice the industry benchmark; 0 brands with 40+ loans recorded zero defaults. Statuses as of June 30, 2026.

• Brands tracked2
• SBA 7(a) loans, FY2010–201947
• Charged off7
• Pooled rate, these brands14.9%
• Cosmetics, Beauty Supplies, and Perfume Stores benchmark (all franchise loans)12.2%
• All-franchise benchmark10.2%
• All SBA borrowers8.0%
• Lowest rateMerle Norman Cosmetics · 12.5%
• Highest rateArmstrong McCall · 17.4%

Which Cosmetics, Beauty Supplies, and Perfume Stores franchise brands have the highest and lowest SBA default rates?

Every Cosmetics, Beauty Supplies, and Perfume Stores brand with at least five resolved SBA 7(a) loans, sorted from highest to lowest default rate. Click a column heading to re-sort; use the filter to find a brand.

* Small sample (5–19 loans): rate shown for completeness; treat as a diligence flag, not a verdict. Loans since 2020 and early charge-offs are counts only — that cohort is too young for a rate.