We Rock the Spectrum Kids Gym Franchise Failure Rate
SBA 7(a) loan default data, FY2010–FY2019 · Updated 2026
We Rock the Spectrum Kids Gym franchisees defaulted on 18.8% of SBA 7(a) loans between FY2010 and FY2019 — 3 of 16 loans were charged off — according to U.S. Small Business Administration data. That is higher than the Fitness and Recreational Sports Centers industry average of 11.4%.
- 18.8%SBA default rate, small sample3 of 16 loans
- 16loans resolvedapproved FY2010–FY2019
- 11.4%Fitness and Recreational Sports Centers averageall SBA loans in the industry
- 19th lowestindustry rankof 30 Fitness and Recreational Sports Centers brands
| SBA default rate | 18.8% (small sample) |
|---|---|
| Loans approved | 16 |
| Loans charged off | 3 |
| Date range | FY2010–FY2019 |
| Industry | Fitness and Recreational Sports Centers |
| Industry average | 11.4% |
| 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.
3 of 16 We Rock the Spectrum Kids Gym SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.
What is the We Rock the Spectrum Kids Gym franchise failure rate on SBA loans?
We Rock the Spectrum Kids Gym is a Fitness and Recreational Sports Centers franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to We Rock the Spectrum Kids Gym franchisees: 16 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–FY201916
- Charged off3
- Charge-off rate (small sample)18.8%
- Fitness and Recreational Sports Centers franchise benchmark11.4%
- Brand vs industry1.6x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$119,300
How does We Rock the Spectrum Kids Gym compare with other Fitness and Recreational Sports Centers franchises?
The table sets We Rock the Spectrum Kids Gym's charge-off rate beside its Fitness and Recreational Sports Centers 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.
| Measure | We Rock the Spectrum Kids Gym | Fitness and Recreational Sports Centers | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 18.8% (small sample) | 11.4% | 10.2% | 8.0% |
| Loans in sample | 16 | — | — | — |
| Defaults | 3 | — | — | — |
| Average loan size | $119,300 | — | — | — |
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2016 | 10 | 1 | 10.0% |
| FY2017 | 6 | 2 | 33.3% |
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?
We Rock the Spectrum Kids Gym's figure rests on 16 resolved SBA 7(a) loans approved between fiscal 2010 and 2019. That cohort has matured, so the count is a settled outcome, not a projection. With 16 resolved loans, one default moves the rate by about 6.2 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 We Rock the Spectrum Kids Gym figure is recomputed from the public SBA FOIA file on each rebuild.
Small sample (16 loans). A single default moves this figure substantially.
Is We Rock the Spectrum Kids Gym in financial trouble? What the SBA data shows
We Rock the Spectrum Kids Gym's SBA 7(a) default rate was 18.8% for loans approved FY2010–FY2019 (3 of 16 loans charged off) — 19th lowest of 30 Fitness and Recreational Sports Centers brands tracked here. A default rate this far above the Fitness and Recreational Sports Centers average of 11.4% is a signal worth investigating further before investing. With only 16 loans in the sample, one default moves the rate by about 6.2 percentage points, so read it as a flag rather than a verdict.
Frequently asked
- What is We Rock the Spectrum Kids Gym's franchise failure rate?
- We Rock the Spectrum Kids Gym franchisees defaulted on 18.8% of SBA 7(a) loans between FY2010 and FY2019 — 3 of 16 loans were charged off — according to U.S. Small Business Administration data. That is higher than the Fitness and Recreational Sports Centers industry average of 11.4%.
- How does We Rock the Spectrum Kids Gym compare to other Fitness and Recreational Sports Centers franchises?
- We Rock the Spectrum Kids Gym's 18.8% SBA default rate is higher than the Fitness and Recreational Sports Centers industry average of 11.4%. See every Fitness and Recreational Sports Centers franchise ranked on the Fitness and Recreational Sports Centers industry page. Fitness and Recreational Sports Centers 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). We Rock the Spectrum Kids Gym franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 18.8% (3 of 16 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/we-rock-the-spectrum-kids-gym/ · Data & methodology · Download the dataset (CSV)