SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Sports and Recreation Instruction Franchise Failure Rates: SBA Loan Defaults for 4 Brands
Sports and Recreation Instruction franchises charged off 7.5% of SBA 7(a) loans approved FY2010–FY2019, versus 10.2% for all franchises and 8.0% for all SBA borrowers. This page tracks 4 brands: default rates ranged from Goldfish Swim School (0.0%) to D-Bat (15.0%). Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
How do Sports and Recreation Instruction franchises perform on SBA loans?
Across the 4 Sports and Recreation Instruction brands tracked here, 115 SBA 7(a) loans were approved between fiscal 2010 and 2019 and 6 were charged off — a pooled rate of 5.2% for these brands against a 7.5% benchmark for all Sports and Recreation Instruction franchise loans. 0 brands with 20+ loans ran at more than twice the industry benchmark; 1 brand with 40+ loans recorded zero defaults. Statuses as of June 30, 2026.
- Brands tracked4
- SBA 7(a) loans, FY2010–2019115
- Charged off6
- Pooled rate, these brands5.2%
- Sports and Recreation Instruction benchmark (all franchise loans)7.5%
- All-franchise benchmark10.2%
- All SBA borrowers8.0%
- Lowest rateGoldfish Swim School · 0.0%
- Highest rateD-Bat · 15.0%
Which Sports and Recreation Instruction franchise brands have the highest and lowest SBA default rates?
Every Sports and Recreation Instruction 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.
| Brand | Loans | Defaults | Rate | vs industry avg | Loans since 2020 | Early charge-offs |
|---|---|---|---|---|---|---|
| British Swim School | 15 | 3 | 20.0%* | 2.7x | 52 | 0 |
| D-Bat | 20 | 3 | 15.0% | 2.0x | 86 | 1 |
| Aqua-tots | 21 | 0 | 0.0% | — | 0 | 0 |
| Goldfish Swim School | 59 | 0 | 0.0% | — | 38 | 0 |
* 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.
Frequently asked
- Which Sports and Recreation Instruction franchises have the highest SBA default rates?
- Among Sports and Recreation Instruction brands with 20 or more SBA 7(a) loans approved FY2010–FY2019, the highest charge-off rates were D-Bat (15.0%), Aqua-tots (0.0%), Goldfish Swim School (0.0%). Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
- What is the Sports and Recreation Instruction franchise SBA default rate benchmark?
- Sports and Recreation Instruction franchise borrowers charged off 7.5% of SBA 7(a) loans approved FY2010–FY2019, compared with 10.2% for all franchises and 8.0% for all SBA borrowers.
Cite this page
Franchise Default Rates (2026). Sports and Recreation Instruction franchise SBA 7(a) default rates, FY2010–FY2019 cohort: 4 brands, pooled 5.2%. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/industry/sports-and-recreation-instruction/ · Data & methodology · Download the dataset (CSV)