Batteries Plus Franchise Failure Rate
SBA 7(a) loan default data, FY2010–FY2019 · Updated 2026
Batteries Plus franchisees defaulted on 21.2% of SBA 7(a) loans between FY2010 and FY2019 — 14 of 66 loans were charged off — according to U.S. Small Business Administration data. That is higher than the All Other Miscellaneous Store Retailers (except Tobacco Stores) industry average of 10.3%.
- 21.2%SBA default rate14 of 66 loans
- 66loans resolvedapproved FY2010–FY2019
- 10.3%All Other Miscellaneous Store Retailers (except Tobacco Stores) averageall SBA loans in the industry
- 10.2%all-franchise average7.8% non-franchised
| SBA default rate | 21.2% |
|---|---|
| Loans approved | 66 |
| Loans charged off | 14 |
| Date range | FY2010–FY2019 |
| Industry | All Other Miscellaneous Store Retailers (except Tobacco Stores) |
| Industry average | 10.3% |
| Data source | U.S. SBA 7(a) FOIA loan data |
Most SBA default figures published online use loans approved since 2020 — loans that have had six years or less to fail — so those rates are floors, not outcomes. Every rate on this site is computed from the matured FY2010–FY2019 cohort: loans that have been paid in full or charged off, so the result is settled. Loans approved since 2020 are shown as counts so early charge-offs are visible without being mistaken for a rate.
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
About 1 in 5 Batteries Plus SBA borrowers failed to repay — more than double the All Other Miscellaneous Store Retailers (except Tobacco Stores) average of 10.3%.
What is the Batteries Plus franchise failure rate on SBA loans?
Batteries Plus is a All Other Miscellaneous Store Retailers (except Tobacco 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 Batteries Plus franchisees: 66 loans approved between fiscal 2010 and 2019, of which 14 were charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.
- SBA 7(a) loans approved FY2010–FY201966
- Charged off14
- Charge-off rate21.2%
- All Other Miscellaneous Store Retailers (except Tobacco Stores) franchise benchmark10.3%
- Brand vs industry2.1x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$324,550
- New SBA loans since 202071
- Early charge-offs since 20202
How does Batteries Plus compare with other All Other Miscellaneous Store Retailers (except Tobacco Stores) franchises?
The table sets Batteries Plus's charge-off rate beside its All Other Miscellaneous Store Retailers (except Tobacco 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. A cell in red is more than twice the industry benchmark.
| Measure | Batteries Plus | All Other Miscellaneous Store Retailers (except Tobacco Stores) | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 21.2% | 10.3% | 10.2% | 8.0% |
| Loans in sample | 66 | — | — | — |
| Defaults | 14 | — | — | — |
| Average loan size | $324,550 | — | — | — |
What has Batteries Plus SBA lending looked like since 2020?
Since 2020, Batteries Plus franchisees have taken 71 new SBA 7(a) loans. 2 have already charged off. Early defaults on loans under six years old are worth noting. Most SBA failures take longer to develop.
Loans approved since 2020, by fiscal year — counts only: 2 have charged off to date and most are still outstanding, so no rate is drawn.
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2010 | 4 | 0 | 0.0% |
| FY2011 | 2 | 0 | 0.0% |
| FY2012 | 3 | 2 | 66.7% |
| FY2013 | 7 | 1 | 14.3% |
| FY2014 | 13 | 1 | 7.7% |
| FY2015 | 8 | 1 | 12.5% |
| FY2016 | 12 | 3 | 25.0% |
| FY2017 | 9 | 4 | 44.4% |
| FY2018 | 5 | 1 | 20.0% |
| FY2019 | 3 | 1 | 33.3% |
| FY2020 | 3 | — | outstanding |
| FY2021 | 9 | — | outstanding |
| FY2022 | 26 | — | outstanding |
| FY2023 | 10 | — | outstanding |
| FY2024 | 6 | — | outstanding |
| FY2025 | 10 | — | outstanding |
| FY2026 | 7 | — | 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?
Batteries Plus's figure rests on 66 resolved SBA 7(a) loans approved between fiscal 2010 and 2019. That cohort has matured, so the rate is a settled outcome, not a projection. With 66 resolved loans, one default moves the rate by about 1.5 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 Batteries Plus figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 66 resolved loans — directional, not precise.
Is Batteries Plus in financial trouble? What the SBA data shows
Batteries Plus's SBA 7(a) default rate was 21.2% for loans approved FY2010–FY2019 (14 of 66 loans charged off) — the only All Other Miscellaneous Store Retailers (except Tobacco Stores) brand tracked here. A default rate this far above the All Other Miscellaneous Store Retailers (except Tobacco Stores) average of 10.3% is a signal worth investigating further before investing.
Frequently asked
- What is Batteries Plus's franchise failure rate?
- Batteries Plus franchisees defaulted on 21.2% of SBA 7(a) loans between FY2010 and FY2019 — 14 of 66 loans were charged off — according to U.S. Small Business Administration data. That is higher than the All Other Miscellaneous Store Retailers (except Tobacco Stores) industry average of 10.3%.
- How does Batteries Plus compare to other All Other Miscellaneous Store Retailers (except Tobacco Stores) franchises?
- Batteries Plus's 21.2% SBA default rate is higher than the All Other Miscellaneous Store Retailers (except Tobacco Stores) industry average of 10.3%. See every All Other Miscellaneous Store Retailers (except Tobacco Stores) franchise ranked on the All Other Miscellaneous Store Retailers (except Tobacco Stores) industry page. All Other Miscellaneous Store Retailers (except Tobacco Stores) franchises →
- What does 'SBA default rate' mean?
- An SBA default rate is the share of SBA 7(a) loans, approved FY2010–FY2019 and since resolved (paid in full or charged off), that were charged off — written off after the borrower failed to repay. It is not a measure of unit closures.
Source
Source: U.S. Small Business Administration, 7(a) loan program charge-off data, FY2010–FY2019. Franchise data is matched on the SBA's franchise code / brand name. "Failure rate" here means the share of approved loans (resolved: paid in full or charged off) that were charged off; it is not a measure of unit closures. Last updated September 30, 2026.
Every brand in one table, with percentiles and breakdowns by year, industry and loan size: franchise SBA default rates, all 415 brands.
Cite this page
Franchise Default Rates (2026). Batteries Plus franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 21.2% (14 of 66 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/batteries-plus/ · Data & methodology · Download the dataset (CSV)