FranchiseVerdict
WINDOW GANG logo
FV-02968·MODERATEExcellent95

Window Gang

Cleaning - Commercial & JanitorialFranchising since 2023Website
Investment
$131K – $242K
65th pct Commercial & …
Avg revenue
$385K
15th pct Commercial & …
Royalty
6.0%
10th pct Commercial & …
Units
54
50th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $131K – $242K including a $65K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $385K/year (median $227K).
  • Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 14 loans (below the industry average).
  • Auditor disclosed a going-concern note — 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
Window Gang, LLC
Parent company
PSB Group, LLC
Incorporated in
Delaware
HQ
126 Garrett Street, Suite J, Charlottesville, VA 22902
Auditor
Robinson, Farmer, Cox Associates, PLLC
Audited financials
Franchisor revenue
$23.6M
vs $25.4M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 WINDOW GANG unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $385,264
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: $131K–$242K
Working capital
$
FDD reports $30K–$75K

Unlevered ROIC · per unit

18%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$42K
EBITDA margin
11.0%
Total invested
$239K
Payback
68 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 WINDOW GANG units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$308K

on $1.5M purchase

Total debt

$1.2M

SBA $0.8M + senior + seller note

Overview

About

Window Gang franchisees operate residential and commercial window cleaning services, typically managing 1-5 technicians who perform exterior/interior glass cleaning using specialized equipment. Day-to-day work involves scheduling appointments, dispatching crews, managing customer relationships, handling billing/collections, and maintaining service trucks and equipment.

CEO
Paul Flick
Founded
2022
FDD year
2025
States available
15

Item 7 · what it costs

The Vitals

Total investment
$131K – $242K
All-in to open one unit
Liquid capital
$30K – $75K
Cash you must have on hand
Franchise fee
$65K
Royalty
6.0%
greater of 6% of Gross Sales or $150 per week minimum · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$385K
Per unit, per year
Median gross sales
$227K
Item 19 type
Actual Gross Sales
Sample size
32 units
vs category median 32
Range (low → high)
$48K$2.1M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank15th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank65th
Lower investment ranks lower (better)
Royalty rate rank10th
Lower royalty = lower percentile (better)
Unit count rank50th
vs Cleaning - Commercial & Janitorial peers
Risk score rank55th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
54
Opened
8
Last reporting year
Closed
2
Turnover rate
3.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+12.5%
Net unit change last year
3-yr CAGR
+17.4%
Compounded over last 3 years
2023
54+6
Franchised units
2024
48
Franchised units
2025
46
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
14
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

59
Risk · 0-100
MODERATE59 / 100

Window Gang presents HIGH RISK due to active fraud litigation against franchisor, pattern of regulatory violations, undisclosed profitability, and slow unit growth—suggesting a franchise system with legal/compliance vulnerabilities and questionable unit economics.

Score breakdown · what drove the 59 / 100 rating

  1. 01HIGHActive fraud and breach of contract litigation against franchisor with pattern of prior fraud settlements
  2. 02MINORMultiple governmental consent orders across states for registration and disclosure violations indicating systemic compliance failures
  3. 03MEDNet income not disclosed despite $385K average revenue — opacity suggests marginal or negative unit-level profitability
  4. 04MINORSlow unit growth (12.5% YoY) and only 54 units indicates weak franchisee recruitment and potential satisfaction issues
  5. 05HIGHAffiliate litigation pattern (360 Painting, Rooterman) suggests shared operational/legal problems across corporate family
  6. 06MEDHigh initial investment ($131-242K) combined with 6% royalty creates significant break-even pressure with undisclosed margins

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Zip Codes
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
16
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Virginia

Item 11

Training & Operations

Classroom training
50 hrs
On-the-job training
4 hrs
POS system
POS System (ServiceTitan)
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

55 numbers

Locked
(864) 297-••••
SC
(252) 443-••••
NC
(502) 540-••••
KY

One-time purchase · CSV download · Validation questions included

FDD download

WINDOW GANG · FDD (2025) PDF

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