Schlotzsky's Sandwich Shop Franchise Cost, Revenue & Review 2026
Analysis by FranchiseVerdict Research · Methodology
SBA Loan Data Only
This franchise has SBA 7(a) lending history but no Franchise Disclosure Document (FDD) on file. Investment costs, revenue, fees, and contract terms are not available. The Verdict score is based solely on SBA loan performance data.
FranchiseVerdict summary · 2026
A Schlotzsky's Sandwich Shop franchise has no franchise disclosure document on file, so investment figures are not available. SBA 7(a) loans show a 21.3% charge-off rate across 379 loans[1]. Run a live ROI scan →
Sources, dates and evidence
Evidence: thin✗ Investment (Item 7)✗ Item 19 status✗ Units and owners (Item 20)✓ SBA loan coverage✗ Litigation (Item 3)✗ Financial statements (Item 21)✗ Franchisor identityhow this is scored
Overview
- SBA loans
- 379
- Loan volume
- $128.2M
- Charge-off rate
- 21.3%
- system-wide median varies by category
- Avg loan
- $338K
- Lenders
- 67
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 379
- Loan volume
- $128.2M
- Median loan
- $209K
- 50th percentile
- Charge-off rate
- 21.3%
- on 379 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 78.7%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 67
- Defaults
- 80
- Typical loan rate
- 5.7%
- avg rate to borrowers
- vs industry
- N/A
- NAICS 7222
- Jobs supported
- 2,137
- 1.7 per loan
- Lender concentration
- 29%
- top lender's share
Vintage analysis
Schlotzsky's Sandwich Shop charge-off rate by loan vintage
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Top lenders financing Schlotzsky's Sandwich Shop franchisees
Showing 3 of 67 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Schlotzsky's Sandwich Shop from SBA 7(a) FOIA data.
- Principal loss rate
- 13.0%
- Avg SBA guarantee
- 77%
- Avg interest rate
- 5.74%
- Avg chargeoff amount
- $209K
- Lender concentration
- 28.5%
- Job velocity
- 1.7 per $100K
- Jobs supported
- 2,137
Top SBA lendersTop lender holds 29% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | 108 | N/A | N/A | |
| 2 | 48 | N/A | N/A | |
| 3 | 22 | N/A | N/A | |
| 4 | 19 | N/A | N/A | |
| 5 | 14 | N/A | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| TXTexas | 109 | 16 | 14.8% |
| GAGeorgia | 29 | 4 | 13.8% |
| CACalifornia | 22 | 10 | 45.5% |
| AZArizona | 17 | 2 | 11.8% |
| TNTennessee | 16 | 6 | 37.5% |
| COColorado | 15 | 1 | 6.7% |
| FLFlorida | 15 | 6 | 42.9% |
| ILIllinois | 15 | 6 | 40.0% |
| NCNorth Carolina | 13 | 5 | 38.5% |
| MIMichigan | 11 | 1 | 9.1% |
SBA 7(a) lending trend
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
A 21.3% charge-off rate means roughly 1 in 5 franchisees failed to repay their SBA loan. Investigate what changed.
What could kill this investment?
SBA loans charge off at 21.3% — 33% above the 16.0% national norm, i.e. higher lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating · based on SBA data
Risk & Legal
What are you signing up for?
Source: FDD · Items 11, 12, 17
Frequently asked questions
Frequently Asked Questions
What do Schlotzsky's Sandwich Shop franchise owners earn?
No average owner earnings figure for Schlotzsky's Sandwich Shop is on file. Item 19 — where a franchisor may disclose what its outlets earn — is voluntary under the FTC Franchise Rule, and we have not established what this brand's FDD says. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
What is Item 19 in the Schlotzsky's Sandwich Shop FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Schlotzsky's Sandwich Shop FDD and qualifies whose outlets they describe.
What is Schlotzsky's Sandwich Shop's franchise failure rate?
Based on SBA 7(a) loan data, Schlotzsky's Sandwich Shop has a charge-off rate of 21.3% across 379 loans, meaning 21.3% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.