Walkway Management GroupFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Walkway Management Group franchise requires a total initial investment of $51K – $65K, including a $49K franchise fee. The 2022 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $51K – $65K
- 7th pct Home Services
- Avg gross sales
- N/A
- 54th pct Home Services
- Royalty
- N/A
- Units
- 45
- 39th pct Home Services
- SBA default
- N/A
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 44 to 0 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $51K – $65K including a $49K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 49/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Walkway Management Group, Inc.
- CEO title
- President
- Peter Ermish
- CEO experience
- 20 yrs
- Years in role or industry
- Incorporated in
- TX
- HQ
- 400 Gerault Road, Flower Mound, Texas 75028
- Auditor
- Meredith CPAs, P.C.
- Audited financials
- Franchisor revenue
- $1.1M
- vs $1.7M prior year
- ⚠ Going-concern note
- Disclosed in FDD 2022
- Status as of 2022; may have been resolved in a later filing we don't yet have.
Overview
About
Walkway Management Group franchisees typically operate property management or facility maintenance operations serving commercial or residential clients. Day-to-day activities likely include client relations, staff scheduling, quality oversight, and service delivery coordination—though the specific service line is unclear given limited disclosure.
- CEO
- Peter Ermish
- Headquarters
- TX
- Founded
- 2018
- FDD year
- 2022
- States available
- 26
FDD Item 7 · 2022 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $49K | $49K |
| Working capital (3–6 mo) | $1K | $2K |
| Equipment, build-out, other | $2K | $14K |
| Total initial investment | $51K | $65K |
Source: Walkway Management Group 2022 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $51K – $65K
- Better than avg vs category
- Liquid capital req'd
- $1K – $2K
- Better than avg vs category
- Franchise fee
- $11K – $49K
- Better than avg vs category
- Royalty
- -n/d
- Ad fund
- -n/d
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Technology fee | $350 |
| Training fee | $1K |
| Transfer fee | $5K |
| Renewal fee | $5K |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Home Services averages
How Walkway Management Group Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 45
- Opened
- 30
- Last reporting year
- Closed
- 5
- Terminated
- 4
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 11.1%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (yr3)
- +131.6%
- Net unit change last year
3-year detail · Item 20
- Transfers (3yr)
- 0
- Termination rate
- 11.1%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 31 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
High growth velocity masking non-transparent unit economics, minimal territory protection, and a short contract term indicate elevated risk of franchisor instability or franchisee cannibalization.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Meredith CPAs, P.C.⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 49 / 100 rating
- 01MEDRoyalty rate undisclosed—unable to assess true profitability or franchisor alignment
- 02MEDAverage revenue and net income not disclosed—no visibility into realistic earnings potential or unit viability
- 03MINOR1-year franchise term is extremely short, suggesting low franchisor confidence or high churn risk
- 04MINORNo protected territory despite 131.6% YoY unit growth (15→45 units)—saturation and cannibalization risk
- 05MINORHigh franchise fee ($48,500) relative to total investment cap ($51,100-$64,500)—minimal working capital buffer
- 06MEDExplosive growth rate (131.6% YoY) without disclosed financials raises quality-of-life and support scalability concerns
- 07HIGHNo litigation disclosed, but rapid expansion without transparent metrics invites reputational and legal risk
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 1 year |
|---|---|
| Renewal term | 1 year |
| Allowed renewalsℹ | 1 |
| Territory type | Designated Territory |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 36 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and off-site
- POS system
- Management System / Online Portal
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Management System / Online Portal
Item 20 · call current owners
Franchisee Contacts
54 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Walkway Management Group · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Walkway Management Group franchise?
The total investment to open a Walkway Management Group franchise ranges from $51K – $65K, with an initial franchise fee of $49K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Walkway Management Group franchise owners earn?
Walkway Management Group does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Walkway Management Group's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Walkway Management Group (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Walkway Management Group franchise locations are there?
As of their most recent FDD filing, Walkway Management Group has 45 total units in the United States, including 44 franchised units and 1 company-owned units. 30 new units were opened in the latest reporting year.
Is Walkway Management Group a good franchise to buy?
FranchiseVerdict rates Walkway Management Group as a A-grade franchise with a risk score of 49 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.