FranchiseRanked

Cardio Sport

Fitness & RecreationSBA loans FY2023–FY2023

1

SBA Loans

$200K

Total Financed

$200K

Avg Loan Size

—

YoY Loan Growth

How Cardio Sport Compares

  • Ranks #267 of 302 Fitness & Recreation brands by SBA loan count (#3,064 of 3,543 overall).
  • Its average loan of $200K is 43% below the Fitness & Recreation median of $350K.
  • With only 1 loan on record, its own charge-off rate isn't statistically meaningful -- for context, Fitness & Recreation brands overall see a 2.0% charge-off rate across 5,280 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20231$200K

FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Cardio Sport Is Getting SBA-Financed

Recent SBA-Financed Cardio Sport Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

Shelley LLCNiantic, CT
$200,0002023-02-10

Frequently Asked Questions

Is Cardio Sport growing or shrinking?

Cardio Sport doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #267 of 302 Fitness & Recreation brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Cardio Sport franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $200K (43% below the typical Fitness & Recreation brand's $350K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Cardio Sport?

Cardio Sport only has 1 SBA loan on record -- too few to calculate a meaningful charge-off rate on its own. For context, Fitness & Recreation brands overall see a 2.0% charge-off rate across 5,280 loans.