Workout Anytime 24/7 Franchise Failure Rate
SBA 7(a) loan default data, FY2010–FY2019 · Updated 2026
Workout Anytime 24/7 franchisees defaulted on 11.1% of SBA 7(a) loans between FY2010 and FY2019 — 2 of 18 loans were charged off — according to U.S. Small Business Administration data. That is roughly in line with the Fitness and Recreational Sports Centers industry average of 11.4%.
- 11.1%SBA default rate, small sample2 of 18 loans
- 18loans resolvedapproved FY2010–FY2019
- 11.4%Fitness and Recreational Sports Centers averageall SBA loans in the industry
- 12th lowestindustry rankof 30 Fitness and Recreational Sports Centers brands
| SBA default rate | 11.1% (small sample) |
|---|---|
| Loans approved | 18 |
| Loans charged off | 2 |
| 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.
2 of 18 Workout Anytime 24/7 SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.
What is the Workout Anytime 24/7 franchise failure rate on SBA loans?
Workout Anytime 24/7 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 Workout Anytime 24/7 franchisees: 18 loans approved between fiscal 2010 and 2019, of which 2 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–FY201918
- Charged off2
- Charge-off rate (small sample)11.1%
- Fitness and Recreational Sports Centers franchise benchmark11.4%
- Brand vs industry1.0x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$330,556
How does Workout Anytime 24/7 compare with other Fitness and Recreational Sports Centers franchises?
The table sets Workout Anytime 24/7'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 | Workout Anytime 24/7 | Fitness and Recreational Sports Centers | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 11.1% (small sample) | 11.4% | 10.2% | 8.0% |
| Loans in sample | 18 | — | — | — |
| Defaults | 2 | — | — | — |
| Average loan size | $330,556 | — | — | — |
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2014 | 1 | 0 | 0.0% |
| FY2015 | 5 | 0 | 0.0% |
| FY2016 | 6 | 1 | 16.7% |
| FY2017 | 4 | 1 | 25.0% |
| FY2018 | 2 | 0 | 0.0% |
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?
Workout Anytime 24/7's figure rests on 18 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 18 resolved loans, one default moves the rate by about 5.6 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 Workout Anytime 24/7 figure is recomputed from the public SBA FOIA file on each rebuild.
Small sample (18 loans). A single default moves this figure substantially.
Is Workout Anytime 24/7 in financial trouble? What the SBA data shows
Workout Anytime 24/7's SBA 7(a) default rate was 11.1% for loans approved FY2010–FY2019 (2 of 18 loans charged off) — 12th lowest of 30 Fitness and Recreational Sports Centers brands tracked here. A default rate close to the Fitness and Recreational Sports Centers average of 11.4% is, on its own, neither a warning sign nor a reassurance. With only 18 loans in the sample, one default moves the rate by about 5.6 percentage points, so read it as a flag rather than a verdict.
Frequently asked
- What is Workout Anytime 24/7's franchise failure rate?
- Workout Anytime 24/7 franchisees defaulted on 11.1% of SBA 7(a) loans between FY2010 and FY2019 — 2 of 18 loans were charged off — according to U.S. Small Business Administration data. That is roughly in line with the Fitness and Recreational Sports Centers industry average of 11.4%.
- How does Workout Anytime 24/7 compare to other Fitness and Recreational Sports Centers franchises?
- Workout Anytime 24/7's 11.1% SBA default rate is roughly in line with 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). Workout Anytime 24/7 franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 11.1% (2 of 18 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/workout-anytime-24-7/ · Data & methodology · Download the dataset (CSV)