The Patch Boys

The Patch Boys

Drywall repair
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2022 Franchise 500 Rank
N/R Ranked #405 last year
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Initial investment
$47K - $73K
Units as of 2021
134 123.3% over 3 years

Company Overview

About The Patch Boys

Industry
Maintenance
Founded
2006
Parent Company
Belfor Franchise Group
Leadership
Ted Speers, President

Franchising Overview

Franchising Since
2015 (7 years)
# of employees at HQ
12
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
134 (as of 2021)

Franchisor Information

Corporate Address
731 Fairfield Ct
Ann Arbor, MI 48108

Information for Franchisees

Here’s what you need to know if you’re interested in opening a The Patch Boys 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
$25,000
Initial Investment
$47,050 - $72,950
Net Worth Requirement
$70,000
Cash Requirement
$50,000
Veteran Incentives
20% off franchise fee
Royalty Fee
8%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

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

In-House Financing
The Patch Boys offers in-house financing to cover the following: franchise fee

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
12 hours
Classroom Training
18 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where The Patch Boys landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021