FREE Franchise Guide!
Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$86K - $112K
Units as of 2023
122 Increase 100.0% over 3 years

PatchMaster is a home service business that was founded in 2016 and began franchising the following year. The primary services offered include plaster repair, painting services, drywall, and sheetrock repair. If a home or business needs repairs due to dings and dents in the paintwork or walling, PatchMaster may be the business to call. 

There are over 40 PatchMaster franchises in the United States, as well as several in Canada. There are also more than 10 corporate-owned PatchMaster locations. PatchMaster is accepting franchising inquiries from most parts of the country thanks to the need for their services increasing by the day. 

Why You May Want to Start a PatchMaster Franchise

If you are an outgoing individual with a background in sales and marketing, you may be the right fit for this franchise. Team-leading experience and some knowledge in construction are preferred, but not required. As a PatchMaster franchisee, you will receive technical training on how to do the job, and you have the choice to choose your staff to complete assignments. 

This business may have fairly little competition, as it has a specific niche in the home services industry. Builders will seldom take on sealing cracks, repairing holes, and fixing imperfections on walls. PatchMaster serves both commercial and private clients. 

Opening a PatchMaster franchise may have a more predictable outcome than investing in a new brand that could struggle to thrive in a competitive industry.

What Might Make a PatchMaster Franchise a Good Choice?

To be part of the PatchMaster team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

PatchMaster does not require a storefront location, so you can comfortably run it from home. You could also decide to run your PatchMaster franchise as an absentee owner or part-time business. Once you sign up as a franchisee, you will receive support from the franchisor. Support includes multiple days of training that cover everything from marketing in the digital space to repairing drywall. After this training, you can be sure that you will still have access to ongoing coaching until your business is up and running. 

How To Open a PatchMaster Franchise

As you decide if opening a PatchMaster franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a PatchMaster franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the PatchMaster franchising team questions. 

Starting a PatchMaster franchise begins with requesting a Franchise Disclosure Document. Someone from PatchMaster's franchise development team may then contact you to begin your process of opening your own PatchMaster.

Soon, you may find yourself running the newest PatchMaster franchise.

Find Your Perfect Franchise

Company Overview

About PatchMaster

Industry Maintenance
Related Categories Drywall Repair, Building & Remodeling, Home Repairs/Handyman Services, Miscellaneous Maintenance Businesses, Home Improvement
Founded 2016
Parent Company MPK Equity Partners LLC
Leadership Paul Ferrara, President & CEO
Corporate Address 88 E. Main St., #H-345
Mendham, NJ 07945
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2017 (7 years)
# of employees at HQ 8
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises in the following international regions: Canada

# of Units 122 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a PatchMaster franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$49,500
Initial Investment Information Circle
$86,450 - $111,950
Net Worth Requirement Information Circle
$100,000
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
50% off royalty fee for first year
Royalty Fee Information Circle
9%-5%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing PatchMaster has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 14 hours
Classroom Training 40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 1
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

Compare where PatchMaster landed on this year's Franchise 500 Ranking versus previous years.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to PatchMaster.

Fresh Coat Painters

description
Residential and commercial painting

TruBlue Home Service Ally

description
Home repairs and maintenance, and home modifications for seniors

Fresh Coat Painters

description
Residential and commercial painting

Shipley Do-Nuts

description
Doughnuts, kolaches, pastries, coffee

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

Hilton Launches 'Hilton for Business,' Digital Travel Program Aimed at SME's

The global initiative offers a suite of tools for business travel booking and management, coupled with Hilton Honors benefits for SME's and their employees worldwide.

Franchise

What Franchisors — and Franchisees — Need to Know About Local Video Marketing

Explore how franchisors can effectively use video marketing to connect with both business partners and customers and why many are missing out on this opportunity.

Franchise

Wendy's Ushers in New Leadership as The Strategy to Propel The Fast Food Giant Into Its Next Growth Phase Continues

Learn about the strategic vision behind appointing a seasoned industry leader to steer Wendy's toward future growth in the highly competitive fast-food industry.

Franchise

Burger King Is Upping its Rebrand Strategy With a $1 Billion Acquisition. These Franchise Resets Could Tell Us About the Fast Food Giant's Chances of Succeeding.

Discover the details behind RBI's strategic acquisition of Carrols Restaurant Group, a move that represents a significant step in a broader campaign to rejuvenate the Burger King brand, and compare it to past major franchise rebrands.

Franchise

Commanding a Premium Franchise Sale in a Cautious 2024 Private Equity Investment Climate

Perfect market timing is difficult to pull off, but excellent preparation and building a valuable business in the first place is much more under your control.

Franchise

Inspire Brands Takes Jimmy John's Global with Landmark International Franchise Deals

This move marks a significant step for Inspire Brands, which has previously focused on domestic growth and acquisitions within the U.S.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022