FranchiseVerdict
KLAPPENBERGER & SON logo
FV-01421·CAUTIONExcellent81

Klappenberger & Son

Home Services - PaintingFranchising since 2015Website
Investment
$85K – $145K
33rd pct Painting
Avg revenue
62nd pct Painting
Royalty
6.0%
10th pct Painting
Units
11
19th pct Painting
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $85K – $145K including a $47K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Hook & Wilson, LLC
Incorporated in
Maryland
HQ
902 Bluffview Drive, Myrtle Beach, South Carolina 29579
Auditor
Alta CPA Group, LLC
Audited financials
Franchisor revenue
$612K
vs $482K prior year

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 KLAPPENBERGER & SON unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $85K–$145K
Working capital
$
FDD reports $25K–$50K

Unlevered ROIC · per unit

53%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$81K
EBITDA margin
10.8%
Total invested
$152K
Payback
23 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Klappenberger & Son franchisees likely operate a service or product-based business (specific category unclear from data provided). Daily operations presumably involve customer service delivery, inventory management if applicable, and local market sales activities under the Klappenberger brand.

CEO
David Klappenberger
Founded
2014
FDD year
2026
States available
5

Item 7 · what it costs

The Vitals

Total investment
$85K – $145K
All-in to open one unit
Liquid capital
$25K – $50K
Cash you must have on hand
Franchise fee
$47K
Royalty
6.0%
Percentage of Gross Receipts · typical 6–8%
Ad fund
2.3%
typical 3–5%
Total fee load
8.3%
vs 9–13% typical

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

Total units
11
Opened
0
Last reporting year
Closed
1
Turnover rate
9.1%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-10.0%
Net unit change last year
3-yr CAGR
-18.2%
Compounded over last 3 years
2024
9-1
Franchised units
2025
10
Franchised units
2026
11
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 3 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 3 states
Not registered

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.

Total loans
4
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

72
Risk · 0-100
CAUTION72 / 100

A declining 11-unit franchise system with undisclosed financial performance, going concern warnings, and aggressive fee structure presents substantial risk of franchisee failure and franchisor collapse.

Score breakdown · what drove the 72 / 100 rating

  1. 01MINORDeclining unit count: 11 total units with -10% YoY contraction indicates system shrinkage and potential market viability issues
  2. 02MEDNo financial disclosure: Average revenue and net income not disclosed in Item 19, preventing franchisee ROI validation and earnings claims substantiation
  3. 03HIGHGoing concern status is FALSE: Suggests financial instability at franchisor level, raising questions about support, marketing fund solvency, and long-term viability
  4. 04MEDHigh initial franchise fee relative to unit count: $47,000 franchise fee with only 11 units indicates limited brand recognition and smaller support infrastructure
  5. 05MINORTiered royalty structure creates misaligned incentives: Lower 4% rate only applies above $1M revenue—a threshold most failing franchisees may never reach
  6. 06MEDExtended 10-year term locks franchisees into struggling system with limited exit flexibility

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Area of Primary Responsibility
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
South Carolina

Item 11

Training & Operations

Classroom training
119 hrs
On-the-job training
55 hrs
POS system
Intuit Quick Books online accounting software
Operating tech stack

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

7 numbers

Locked
(240) 428-••••
MD
(202) 644-••••
MD
(614) 354-••••
OH

One-time purchase · CSV download · Validation questions included

FDD download

KLAPPENBERGER & SON · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above