TOP RAIL

Franchise Information

Analyzed filing: MN · File #2015020177

Filed: Jul 3, 2025

FDD Issued: Apr 25, 2025

Extracted: Aug 1, 2026

Analyzed

Franchisor Details

Name: HFB FenceCo Franchising, LLC

Parent: HFB Franchisor Holdings, LLC

Address: 107 Parr Drive, Huntersville, North Carolina 28078

Phone: (980) 441-1121

Website: www.toprailfence.com

Franchising Since: 2022

Industry & Qualifications

Industry

Home Services

Franchise Fee

$54,900 - $73,900

Royalty

7.0%

Ad Fund: 2.0%

Total Investment

$161K - $297K

Initial Term

10 years

Renewable

Outlet Information

Total Outlets (2024)

167

Franchised

167

Opened (Last Year)

+75

Closed (Last Year)

-1

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Data compiled from 20 franchisees operating in 71 territories. 19 of 20 franchis...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2024)

$1,215,336

Median

$1,054,051

Highest

$5,443,423

Lowest

$158,842

% Achieving Avg

50.0%

Sample Size

20 units

Legal History

Litigation: None

Bankruptcy: None

View filing:

Number	File name	Source State	Filing Date	Actions
691803936	MN_35167-202512-03_hfb-fenceco-franchising,-llc.pdf Alternate source copy · newest filing	MN	Dec 30, 2025	Restricted
2059298877	MN_33885-202504-03_hfb-fenceco-franchising,-llc.pdf Alternate source copy	MN	Jul 3, 2025	Restricted
2015020177	MN_33885-202504-04_hfb-fenceco-franchising,-llc.pdf Canonical 2025 analysis	MN	Jul 3, 2025	Restricted
557910656	MN_33885-202504-07_hfb-fenceco-franchising,-llc.pdf Alternate source copy	MN	Jul 3, 2025	Restricted
259455	477009_Franchise__Top_Rail_EFDID__477009_New York_259455.pdf Alternate source copy	NY	Apr 25, 2025 FDD issue date	Restricted
221621	477009_Franchise__Top_Rail_EFDID__477009_North Dakota_221621.pdf Alternate source copy	ND	Apr 25, 2025 FDD issue date	Restricted
246016	477009_Franchise__Top_Rail_EFDID__477009_Maryland_246016.pdf Alternate source copy	MD	Apr 25, 2025 FDD issue date	Restricted
245535	477009_Franchise__Top_Rail_EFDID__477009_Illinois_245535.pdf Alternate source copy	IL	Apr 25, 2025 FDD issue date	Restricted
263253	477009_Franchise__Top_Rail_EFDID__477009_Virginia_263253.pdf Alternate source copy	VA	Apr 25, 2025 FDD issue date	Restricted
638844	638844_hfb-fenceco-franchising--llc.pdf Alternate source copy	WI	Apr 25, 2025 FDD issue date	Restricted
29009	CA_29009.pdf Canonical 2023 analysis	CA	Dec 27, 2024	Restricted
31673	CA_31673.pdf Alternate source copy	CA	Dec 27, 2024	Restricted
1274421319	MN_31559-202404-01_hfb-fenceco-franchising,-llc.pdf Alternate source copy	MN	Jul 26, 2024	Restricted
696271293	MN_31559-202404-08_hfb-fenceco-franchising,-llc.pdf Alternate source copy	MN	Jul 26, 2024	Restricted
604800198	MN_31559-202404-02_hfb-fenceco-franchising,-llc.pdf Alternate source copy	MN	Jul 26, 2024	Restricted
1708035154	MN_31559-202404-10_hfb-fenceco-franchising,-llc.pdf Alternate source copy	MN	Jul 26, 2024	Restricted
159881	477009_Franchise__Top_Rail_EFDID__477009_Virginia_159881.pdf Alternate source copy	VA	Apr 19, 2024 FDD issue date	Restricted
159888	477009_Franchise__Top_Rail_EFDID__477009_Virginia_159888.pdf Alternate source copy	VA	Apr 19, 2024 FDD issue date	Restricted
159114	477009_Franchise__Top_Rail_EFDID__477009_New York_159114.pdf Canonical 2024 analysis	NY	Apr 19, 2024 FDD issue date	Restricted
154352	477009_Franchise__Top_Rail_EFDID__477009_North Dakota_154352.pdf Alternate source copy	ND	Apr 19, 2024 FDD issue date	Restricted
182925	477009_Franchise__Top_Rail_EFDID__477009_Maryland_182925.pdf Alternate source copy	MD	Apr 19, 2024 FDD issue date	Restricted
198348	477009_Franchise__Top_Rail_EFDID__477009_California_198348.pdf Alternate source copy	CA	Apr 19, 2024 FDD issue date	Restricted
636589	636589_hfb-fenceco-franchising--llc.pdf Alternate source copy	WI	Apr 19, 2024 FDD issue date	Restricted
107094	477009_Franchise__Top_Rail_EFDID__477009_New York_107094.pdf Alternate source copy	NY	Apr 29, 2023 FDD issue date	Restricted

Showing 1–24 of 24 files.