FranchiseVerdict
TWS TEMPORARY WALL SYSTEMS® logo
FV-02827·STRONGExcellent91

Tws Temporary Wall Systems®

OtherFranchising since 2021Website
Investment
$154K – $366K
52nd pct Other
Avg revenue
$12K
1st pct Other
Royalty
Units
261
90th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $154K – $366K including a $60K franchise fee.
  • Average unit revenue of $12K/year (median $8K).
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 159 loans (below the industry average).
  • System growing at 1000.0% CAGR over 3 years with 261 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Temp Walls Franchise Management, LLC
Parent company
HFB Franchisor Holdings, LLC
Incorporated in
North Carolina
HQ
107 Parr Drive, Huntersville, North Carolina 28078
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$4.5M
Most recent fiscal 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 TWS TEMPORARY WALL SYSTEMS® unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $12,180
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $154K–$366K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

1%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$2K
EBITDA margin
14.0%
Total invested
$283K
Payback
1991 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

TWS franchisees operate temporary modular wall systems for construction, renovation, and event spaces. Day-to-day activities include consulting with contractors and property managers on wall solutions, managing installations/removals, maintaining inventory, and handling customer service and billing. The business model is asset-light but labor and logistics-intensive.

CEO
Jeffrey Dudan
Founded
2021
FDD year
2025
States available
38

Item 7 · what it costs

The Vitals

Total investment
$154K – $366K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$60K
Royalty
The greater of: (i) 8% of your Gross Revenue; or (ii) the…
Ad fund
3.0%
typical 3–5%
Total fee load
11.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$12K
Per unit, per year
Median gross sales
$8K
Item 19 type
Average Ticket Size/Job Size Statistics
Sample size
60 units
vs category median 20 · large
Range (low → high)
$300$154K
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank1th
vs Other peers
Investment cost rank52th
Lower investment ranks lower (better)
Royalty rate rank70th
Lower royalty = lower percentile (better)
Unit count rank90th
vs Other peers
Risk score rank12th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
261
Opened
151
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+137.3%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
261+151
Franchised units
2024
110
Franchised units
2025
10
Franchised units

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

Item 20 · 17 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 · 17 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
159
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

49
Risk · 0-100
STRONG49 / 100

Rapid unit growth and undisclosed profitability metrics create uncertainty about whether franchisees can achieve acceptable returns despite protected territory benefits.

Score breakdown · what drove the 49 / 100 rating

  1. 01MINORNo net income disclosure (Item 19) prevents ROI validation despite $12,180.90 average revenue claims
  2. 02MINORMinimum Monthly Royalty Fee structure undefined—could create cash flow burden on low-revenue months
  3. 03MINORExplosive 137.3% unit growth YoY suggests rapid expansion that may exceed market demand or franchisee support capacity
  4. 04MINORHigh franchise fee ($59,900) combined with 8% royalty floor creates dual fixed-cost pressure on marginal operators
  5. 05MINORAverage revenue of only $12,180.90/month ($146,170.80 annually) leaves minimal margin after royalties and operating costs

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Target Buildings
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
North Carolina

Item 11

Training & Operations

Classroom training
21 hrs
On-the-job training
17 hrs
POS system
Service Minder
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

21 numbers

Locked
(980) 264-••••
Zack Dudan, Homefront Brands,
NC
(980) 441-••••
Thomas Ryan, Jr., Homefront Brands,
NC
(360) 902-••••
WA

One-time purchase · CSV download · Validation questions included

FDD download

TWS TEMPORARY WALL SYSTEMS® · FDD (2025) PDF

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