Answers to common questions about THE PATCH BOYS drywall hole repair franchise opportunity
Below are answers to the most commonly asked questions about THE PATCH BOYS drywall hole repair franchise opportunity. If you don’t see your question answered, or have additional questions, fill out the application on this site and a member of our team will be in touch with you shortly. We can’t wait to learn more about you!
What is THE PATCH BOYS franchise?
THE PATCH BOYS is one of the most exciting franchise opportunities in the booming home services industry. By focusing on repairing damaged drywall, a problem most home and property owners experience sooner or later, THE PATCH BOYS is able to capitalize on an in-demand service that other brands ignore and less experienced contractors aren’t qualified to perform. With low-investment costs, a quick ramp-up time, minimal equipment, and exceptional support provided by the BELFOR Franchise Group, THE PATCH BOYS is a compelling opportunity for entrepreneurs looking for a recession-resistant business with plenty of room to grow.
Do we compete with other drywall companies?
No! We designed THE PATCH BOYS to fill a much needed and almost always overlooked niche – the small hole drywall repair. Most drywall companies have large crews and focus on new construction or remodeling. They install sheets of drywall by the dozens. Because of their scale, they avoid small jobs. That’s where we come in: the average homeowner goes to a site like Angie’s List, HomeAdvisor, or even Facebook Marketplace to search for hole repair. We’re visible in those places and have affordable project pricing for these jobs specifically. We are the first call a plumber or electrician makes, too, when they have to bust open a wall to install new wiring or fix a leak. We can repair the hole, and we’re done in a few hours. Then, on to the next job!
How much does investing in THE PATCH BOYS drywall hole repair franchise cost?
THE PATCH BOYS is one of the most affordable franchise opportunities in the home services industry. The total investment for owning THE PATCH BOYS franchise is $59,193 to $90,165. We proudly offer a discount to veterans. The total investment is before financing and includes franchise fees, equipment, training and marketing costs. Reach out to us to learn more!
For a more detailed look at cost and investment information, please visit the Initial Investments and Startup Costs page.
What are the financial requirements for franchising with THE PATCH BOYS drywall hole repair franchise?
Because we are such an affordable franchise, becoming an owner is easier than many concepts. To franchise with THE PATCH BOYS, you will need to have the required minimum liquid capital of $15,000 to open your own new business. You’ll need more than that if you are not using a bank, SBA or 401k rollover loan. We look for at least $70,000 in net worth, and you’ll need an average to good credit score.
Is there a continuing royalty fee?
Yes. The continuing royalty fee is 8%.
Will you help me secure financing?
If we grant you the right to open and operate a THE PATCH BOYS business for a Standard Territory, we may offer you financing for a portion of the Initial Franchise Fee if you meet our qualifications.
I’ve never owned a business before. Do you offer training and support?
Yes. We pride ourselves on having the best support in the industry. Our state-of-the-art training facility in Ann Arbor, Michigan, is an invaluable resource to our franchise owners. We provide in-person training, as well as ongoing marketing support, financial coaching, professional branding, and business development training, to empower you to achieve your goals. At BELFOR Franchise Group, we are very focused on franchisee success.
What type of equipment do I need?
You don’t need much to get started! Our equipment package has most of the tools and gear you need to do jobs on day 1, and we’ll give you a list of what to purchase directly. Most of it is easily found at local hardware, home or building supply stores.
How do I get customers?
We have a variety of marketing strategies for our franchise owners, and we start marketing for work before you open your doors. We typically align with lead generation companies like Angie’s List or HomeAdvisor. and do a range of local digital marketing to get the leads coming in. You are responsible for taking calls, giving quotes, and being highly responsive to customers when they want to talk!
How many employees do I need?
That depends on your goals. While you can easily run a THE PATCH BOYS franchise by yourself, you can also scale to several territories. Our most successful owners have technicians working on a day rate actually doing the work, and have a manager or customer service rep organizing the trucks, handling sales calls, and making sure everyone has what they need.
Are territories protected?
Yes, our franchise territories are protected, meaning you are the only one who can generate leads for a specific area.
How do I get a copy of THE PATCH BOYS drywall hole repair Franchise Disclosure Document (FDD)?
We will supply an FDD to anyone who engages in conversation with our recruiters. To learn more about our recruitment process, check out the next steps page on this site!