Bottom line
- Total investment $18K – $110K including a $50K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 62/100.
- System growing at 86.7% CAGR over 3 years with 29 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Hi-5 ABA unit return on the cash you put in?
Unlevered ROIC · per unit
103%
Above typical band (30–60%)
Overview
About
Hi-5 ABA franchisees operate Applied Behavior Analysis (ABA) therapy centers providing autism spectrum disorder treatment and behavioral services to children. Day-to-day operations include supervising licensed therapists/RBTs, managing patient caseloads, conducting parent consultations, maintaining clinical documentation, and billing insurance providers.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Hi-5 ABA presents meaningful caution-level risk due to franchisor going concern status, absent financial disclosure, unprotected territory, and founder litigation exposure.
Score breakdown · what drove the 62 / 100 rating
- 01HIGHGoing Concern status is FALSE — indicates potential financial distability of franchisor
- 02MEDNo average revenue or net income disclosed (no Item 19) — impossible to validate ROI on $17,618–$109,730 investment
- 03HIGHFounder David Maddox involved in pending litigation ($145k+ dispute in Ghana) — raises governance and character concerns
- 04MINORTerritory NOT protected — franchisees compete with corporate and other franchisees in same market
- 05MED7% royalty on undisclosed revenue base creates uncertainty about actual profitability
- 06MINORHigh unit growth (33.3% YoY) with only 29 units suggests either aggressive expansion or difficulty retaining franchisees
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
24 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Hi-5 ABA · FDD (2024) PDF