FranchiseVerdict
Wallaby Windows logo
FV-02922·STRONGExcellent91

Wallaby Windows

Home Services - OtherFranchising since 2023Website
Investment
$159K – $242K
74th pct Other
Avg revenue
$3.3M
57th pct Other
Royalty
5.0%
6th pct Other
Units
48
54th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $159K – $242K including a $50K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $3.3M/year. Estimated payback in 0.5 years.
  • Rated STRONG with a risk score of 39/100. SBA loan default rate of 0.0% across 22 loans (below the industry average).
  • Emerging franchise — only 3 years of franchising with 48 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Wallaby Windows Franchisor, LLC
Parent company
Empower Brands Franchising, LLC
Incorporated in
Delaware
HQ
2426 Old Brick Road, Glen Allen, VA 23060
Auditor
Smith + Howard PC
Audited financials
Franchisor revenue
$49.5M
vs $79.5M 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 Wallaby Windows unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $3,335,965
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: $159K–$242K
Working capital
$
FDD reports $50K–$50K

Unlevered ROIC · per unit

173%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$434K
EBITDA margin
13.0%
Total invested
$250K
Payback
7 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Wallaby Windows units return on equity?

Edit assumptions

Equity IRR · 5-yr

29.5%

3.64× MOIC

Year-1 DSCR

2.73×

EBITDA ÷ debt service

Equity required

$9.0M

on $20.0M purchase

Total debt

$11.0M

SBA $5.0M + senior + seller note

SBA 7(a) request ($10.0M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Wallaby Windows franchisees operate a home improvement sales and installation business focused on residential window replacement and upgrades. Day-to-day activities include client consultations, site measurements, sales presentations, installation supervision, and customer service. The model appears to blend direct-to-consumer sales with installation logistics across a protected geographic territory.

CEO
Scott Zide
Founded
2023
FDD year
2024
States available
7

Item 7 · what it costs

The Vitals

Total investment
$159K – $242K
All-in to open one unit
Liquid capital
$50K – $50K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical
Payback period
0.5 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$3.3M
Per unit, per year
Median gross sales
Item 19 type
Company-Owned Outlet
Sample size
1 units
vs category median 21 · small
Transparency
8 / 5
vs category median 4 / 5 · above
Revenue rank57th
vs Home Services - Other peers
Investment cost rank74th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank54th
vs Home Services - Other peers
Risk score rank2th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
48
Opened
45
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
3
Corporate units in the system
% franchised
94%
vs corporate-owned
2022
45+45
Franchised units
2023
0
Franchised units
2024
0
Franchised units

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

Item 20 · 11 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 · 11 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
22
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

39
Risk · 0-100
STRONG39 / 100

Wallaby Windows presents moderate-to-cautious risk due to unvalidated financial claims, obscure royalty minimums, unknown unit growth, and potential going concern issues masked by non-disclosure.

Score breakdown · what drove the 39 / 100 rating

  1. 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot validate the $371,235 avg net income claim independently
  2. 02MINORUnknown unit growth trajectory — 48 units provides no visibility into system expansion or contraction trends
  3. 03MINORMinimum royalty structure (post-month 7) is vague — 'greater of 5% or Minimum Royalty' amount not specified, creating unpredictable cost burden
  4. 04MINORHigh investment-to-net-income ratio — $158k-$242k investment against $371k avg net income means 42-65% of first-year profits consumed by capital recovery, plus ongoing 5% royalties
  5. 05HIGHNo litigation disclosure but 'Going Concern' flagged as False — suggests either undisclosed legal issues or financial instability concerns in FDD
  6. 06MINORFranchise fee of $49,500 (31% of minimum investment) is on the higher end for home improvement category

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population
Protected territory
Yes
Initial term
10 years
Renewal term
5 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
Virginia

Item 11

Training & Operations

Classroom training
31 hrs
On-the-job training
14 hrs
POS system
QuickBooks
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
(512) 256-••••
TX
(832) 671-••••
TX
(423) 991-••••
TN

One-time purchase · CSV download · Validation questions included

FDD download

Wallaby Windows · FDD (2024) PDF

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