Entrepreneur magazine names fast-growing drywall franchise a wise investment on a prestigious new list
THE PATCH BOYS, one of the most successful and rapidly growing franchises for those seeking to start a drywall repair business, was recently named atop the list of hottest franchise opportunities in 2021, according to the highly esteemed Entrepreneur magazine.
Every year, Entrepreneur magazine, the premier source for everything small business that’s been a stalwart in the industry since it was first published in the 1970s, predicts what’s the fastest growing and most successful franchises.
In 2020, however, with the COVID-19 pandemic impacting nearly every facet of daily life, Entrepreneur’s expert financial analysis team shifted its predictions from basing it on what’s popular to what is essential in our new normal. According to its report, Entrepreneur magazine said the list saw the emergence of essential services that survived and even thrived during the shutdowns of the past year.
THE PATCH BOYS was a no-brainer as a wise investment for potential franchise owners who want to start a drywall repair business, which was deemed an essential service.
“Franchises offering in-person home improvement services have had to adjust to the ‘new normal’ in order to make customers comfortable — with some even pivoting to virtual consultations,” Entrepreneur magazine wrote in its report. “Those that have done so successfully should see a bright year ahead.”
Entrepreneur magazine’s 42nd annual rankings were based on Franchise 500 reports which is considered the most prestigious list in the franchise industry used by potential business owners to determine which brands are a worthy investment. Each business’s size, growth, financial performance, support, and brand recognition is taken into account. Plus, the competition was even most stiff in 2021 with a record-breaking number of applicants.
And THE PATCH BOYS checked all the boxes.
For one, THE PATCH BOYS is a proven recession-proof, pandemic-immune business model that survives all the ups and downs of the economy. It’s not hard to see why: no matter what may be happening in the world, walls will be dented, seams will crack, and a handyman will need to be called.
As for size and growth, THE PATCH BOYS has nearly 120 locations and continues to see rapid growth. Through building trust with customers by providing expert service, the company has also become synonymous in the drywall repair industry as one of the most recognized and trustworthy brands to call when a wall needs to be repaired.
THE PATCH BOYS also has a renowned support system with the BELFOR Franchise Group there to provide world-class training, an on-going support platform, and a wide network of industry experts to help guide franchise owners along the way.
Entrepreneur magazine highlighted why THE PATCH BOYS model makes it easier for potential franchisees to start a drywall repair business with startup costs starting at just $40,800. In the $60 billion drywall industry, where an estimated 96% of homes have drywall, franchise owners have the opportunity to quickly turn a sizable profit.
“We’ve spent the last several years proving our business model and we have a large group of enthusiastic franchise owners who own thriving businesses that home and property owners really need,” said Ted Speers, Brand President of THE PATCH BOYS.
Hundreds of applicants sought to be included on Entrepreneur magazine’s exclusive and respected list of franchises expected to thrive in the coming year and those seeking to start a drywall repair business can clearly see why THE PATCH BOYS emerged at the top.
Want to learn more about how to start a drywall repair business with THE PATCH BOYS franchise?
THE PATCH BOYS drywall hole repair franchise is an exciting business with a wide-open market. With a quick turnaround time and brand recognition, our franchise owners expand their loyal customer base and enhance their long-term growth. Simply fill out the form and a member of our team will be in touch with you shortly. We look forward to speaking with you!