CherryBerry

Limited-Service Restaurants

How that compares in its industry

Brands in the same industry group — Limited-Service Restaurants — with at least 20 finished loans, meaning repaid or written off. 143 further brands were left out for having too few. The chart draws 12 of 20: the best and worst of the group, plus CherryBerry. The 8 in between are marked where they fall.

19 of 19 comparable brands had a lower charge-off rate than CherryBerry.

The median brand in this group charged off 4.2% of its finished loans; CherryBerry charged off 31.8% 7.6× the median. Rank alone would move a whole place if any single brand did, so the median is the steadier comparison.

That rests on 22 finished loans. One fewer default would read 27.3%, one more 36.4% — how much a single borrower moves this figure is part of reading it.

Smoothie KingSmoothie King0 of 20 loans charged off0.0%0/20
Five GuysFive Guys0 of 30 loans charged off0.0%0/30
Culver'sCulver's0 of 50 loans charged off0.0%0/50
WingstopWingstop0 of 39 loans charged off0.0%0/39
Jersey Mike'sJersey Mike's0 of 52 loans charged off0.0%0/52
Moe's Southwest GrillMoe's Southwest Grill0 of 26 loans charged off0.0%0/26

8 brands from 0.0% to 9.7% not shown

Baskin-RobbinsBaskin-Robbins3 of 25 loans charged off12.0%3/25
Cicis PizzaCicis Pizza4 of 24 loans charged off16.7%4/24
QuiznosQuiznos8 of 36 loans charged off22.2%8/36
Orange LeafOrange Leaf9 of 35 loans charged off25.7%9/35
Baja Fresh Mexican GrillBaja Fresh Mexican Grill6 of 22 loans charged off27.3%6/22
CherryBerry youCherryBerry7 of 22 loans charged off31.8%7/22

Charge-off rate across finished loans — repaid or written off — so a lower bar is better. Counts beside each bar are the evidence behind the percentage — a brand with 3 of 21 and one with 30 of 210 share a rate and not a level of certainty. Industry grouping is the SBA’s own classification (NAICS 7222), which is broader than a brand’s own speciality.

FDD data sourced from public state filings. We are not a franchise broker; we do not receive payment from franchisors and do not sell your information. Figures are read from the filing by a machine and link to the page they came from — check any of them against the source. Read the current disclosure document, and take advice from a franchise attorney, before you sign anything.