Once Upon A Child Franchise Failure Rate

SBA 7(a) loan default data, FY2010–FY2019 · Updated 2026

Once Upon A Child franchisees defaulted on 3.4% of SBA 7(a) loans between FY2010 and FY2019 — 3 of 87 loans were charged off — according to U.S. Small Business Administration data. That is lower than the Children's and Infants' Clothing Stores industry average of 9.6%.

  • 3.4%SBA default rate3 of 87 loans
  • 87loans resolvedapproved FY2010–FY2019
  • 9.6%Children's and Infants' Clothing Stores averageall SBA loans in the industry
  • 1st lowestindustry rankof 2 Children's and Infants' Clothing Stores brands
Key facts — Once Upon A Child SBA 7(a) loan outcomes, FY2010–FY2019. Loan statuses as of June 30, 2026.
SBA default rate3.4%
Loans approved87
Loans charged off3
Date rangeFY2010–FY2019
IndustryChildren's and Infants' Clothing Stores
Industry average9.6%
Total initial investment (FDD Item 7)$355,700–$485,900
Data sourceU.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.

3.4%
charge-off rate on 87 SBA 7(a) loans to Once Upon A Child franchisees, FY2010–FY2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Once Upon A Child against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Once Upon A Child 3.4%; Children's and Infants' Clothing Stores 9.6%; All franchises 10.2%Once Upon A Child 3.4%; Children's and Infants' Clothing Stores 9.6%; All franchises 10.2%0%2%4%6%8%10%Once Upon A Child3.4%Children's and Infants'Clothing Stores9.6%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Once Upon A Child 3.4%; Children's and Infants' Clothing Stores 9.6%; All franchises 10.2%Once Upon A Child 3.4%; Children's and Infants' Clothing Stores 9.6%; All franchises 10.2%0%2%4%6%8%10%Once Upon A Child3.4%Children's and Infants' Clothing Stores9.6%All franchises10.2%

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

About 1 in 29 Once Upon A Child SBA borrowers failed to repay — well below the Children's and Infants' Clothing Stores average of 9.6%.

What is the Once Upon A Child franchise failure rate on SBA loans?

Once Upon A Child is a Children's and Infants' Clothing 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 Once Upon A Child franchisees: 87 loans approved between fiscal 2010 and 2019, of which 3 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–FY201987
  • Charged off3
  • Charge-off rate3.4%
  • Children's and Infants' Clothing Stores franchise benchmark9.6%
  • Brand vs industry0.3x
  • All-franchise SBA benchmark10.2%
  • Average loan size, 2010s cohort$191,197
  • New SBA loans since 202067
  • Early charge-offs since 20200

How does Once Upon A Child compare with other Children's and Infants' Clothing Stores franchises?

The table sets Once Upon A Child's charge-off rate beside its Children's and Infants' Clothing 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.

Once Upon A Child versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureOnce Upon A ChildChildren's and Infants' Clothing StoresAll franchisesAll SBA borrowers
Default (charge-off) rate3.4%9.6%10.2%8.0%
Loans in sample87———
Defaults3———
Average loan size$191,197———

What would Once Upon A Child's royalty and ad fund cost at your sales level?

From Once Upon A Child's FDD Item 6 (2026): royalty 5% of sales. Royalty and ad fund only · illustration. Other Item 6 fees, fixed or percentage, and local marketing minimums are not included. Winmark charges no percentage ad fund now; franchisees must spend at least 5% of Gross Sales yearly on cooperative or local advertising, or Winmark may require them to pay the shortfall.

Annual royalty and ad fund at illustrative sales levels, Once Upon A Child FDD Item 6.
Annual salesRoyalty
$250,000$12,500
$500,000$25,000
$1,000,000$50,000
$2,000,000$100,000

What has Once Upon A Child SBA lending looked like since 2020?

Since 2020, Once Upon A Child franchisees have taken 67 new SBA 7(a) loans. None have charged off to date, though most remain outstanding and unresolved.

Charge-off rate by approval year — share of each fiscal year's Once Upon A Child 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: FY2010 0% of 3 loans; FY2011 0% of 4 loans; FY2012 0% of 6 loans; FY2013 17% of 12 loans; FY2014 0% of 10 loans; FY2015 0% of 12 loans; FY2016 9% of 11 loans; FY2017 0% of 8 loans; FY2018 0% of 15 loans; FY2019 0% of 6 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 4 loans; FY2012 0% of 6 loans; FY2013 17% of 12 loans; FY2014 0% of 10 loans; FY2015 0% of 12 loans; FY2016 9% of 11 loans; FY2017 0% of 8 loans; FY2018 0% of 15 loans; FY2019 0% of 6 loans0%10%20%0%2010n=30%2011n=40%2012n=617%2013n=120%2014n=100%2015n=129%2016n=110%2017n=80%2018n=150%2019n=6
Charge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 4 loans; FY2012 0% of 6 loans; FY2013 17% of 12 loans; FY2014 0% of 10 loans; FY2015 0% of 12 loans; FY2016 9% of 11 loans; FY2017 0% of 8 loans; FY2018 0% of 15 loans; FY2019 0% of 6 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 4 loans; FY2012 0% of 6 loans; FY2013 17% of 12 loans; FY2014 0% of 10 loans; FY2015 0% of 12 loans; FY2016 9% of 11 loans; FY2017 0% of 8 loans; FY2018 0% of 15 loans; FY2019 0% of 6 loans0%10%20%0%’10n=30%’11n=40%’12n=617%’13n=120%’14n=100%’15n=129%’16n=110%’17n=80%’18n=150%’19n=6

Loans approved since 2020, by fiscal year — counts only: 0 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 6; FY2021 7; FY2022 6; FY2023 11; FY2024 11; FY2025 16; FY2026 10Loans approved since 2020: FY2020 6; FY2021 7; FY2022 6; FY2023 11; FY2024 11; FY2025 16; FY2026 10620207202162022112023112024162025102026
Loans approved since 2020: FY2020 6; FY2021 7; FY2022 6; FY2023 11; FY2024 11; FY2025 16; FY2026 10Loans approved since 2020: FY2020 6; FY2021 7; FY2022 6; FY2023 11; FY2024 11; FY2025 16; FY2026 106’207’216’2211’2311’2416’2510’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010300.0%
FY2011400.0%
FY2012600.0%
FY201312216.7%
FY20141000.0%
FY20151200.0%
FY20161119.1%
FY2017800.0%
FY20181500.0%
FY2019600.0%
FY20206—outstanding
FY20217—outstanding
FY20226—outstanding
FY202311—outstanding
FY202411—outstanding
FY202516—outstanding
FY202610—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?

Once Upon A Child's figure rests on 87 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 87 resolved loans, one default moves the rate by about 1.1 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 Once Upon A Child figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 87 resolved loans — directional, not precise.

Is Once Upon A Child in financial trouble? What the SBA data shows

Once Upon A Child's SBA 7(a) default rate was 3.4% for loans approved FY2010–FY2019 (3 of 87 loans charged off) — the lowest of 2 Children's and Infants' Clothing Stores brands tracked here. A default rate this far below the Children's and Infants' Clothing Stores average of 9.6% is not, on its own, a sign of distress.

Frequently asked

What is Once Upon A Child's franchise failure rate?
Once Upon A Child franchisees defaulted on 3.4% of SBA 7(a) loans between FY2010 and FY2019 — 3 of 87 loans were charged off — according to U.S. Small Business Administration data. That is lower than the Children's and Infants' Clothing Stores industry average of 9.6%.
How does Once Upon A Child compare to other Children's and Infants' Clothing Stores franchises?
Once Upon A Child's 3.4% SBA default rate is lower than the Children's and Infants' Clothing Stores industry average of 9.6%. See every Children's and Infants' Clothing Stores franchise ranked on the Children's and Infants' Clothing Stores industry page. Children's and Infants' Clothing 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.
How much does a Once Upon A Child franchise cost?
Once Upon A Child's 2026 FDD puts the total initial investment (Item 7) at $355,700–$485,900, including an initial franchise fee of $25,000 (Item 5). The average SBA 7(a) loan to a Once Upon A Child franchisee in the 2010s cohort was $191,197.
Who owns Once Upon A Child?
Once Upon A Child is franchised by Winmark Corporation, according to the brand's FDD (2026).

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). Once Upon A Child franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 3.4% (3 of 87 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/once-upon-a-child/ · Data & methodology · Download the dataset (CSV)

Author: Franchise Failure Rates · First published August 17, 2026 · Updated September 30, 2026 · Citation format