PatchMaster

PatchMaster is North America's #1 Drywall Repair Specialists that offer high-quality, same-day drywall and plaster repair, texturing, and paint matching. We pride ourselves on creating happy customers and confidently provide 100% satisfaction guaranteed. With our 40+ years of home services experience, we outperform our competition with industry-leading business processes and competitive advantages.

Interested in Franchise Ownership?

Request a Consultation

PatchMaster Franchise Cost and Requirements for 2024

Background

Business Description:
PatchMaster is North America's #1 Drywall Repair Specialists that offer high-quality, same-day drywall and plaster repair, texturing, and paint matching. We pride ourselves on creating happy customers and confidently provide 100% satisfaction guaranteed. With our 40+ years home services experience, we outperform our competition with industry leading business processes and competitive advantages. Our concept has a business model for every type of investor and we offer extensive onboarding, field, and marketing support to our Franchise Owners. Franchisees love PatchMaster because of our niche market, low competition and high margins. We utilize our franchising experience combined with our proven processes to streamline our business model, allowing a fast path to profitability. Our minimal receivables and low investment lead to a high ROI. Our multiple business tracks include Owner-Operator, Executive Model, and Investor. This creates a scalable concept that includes our proprietary tools, operational support, and small business financial acumen. The PatchMaster business model offers today's entrepreneurs the perfect opportunity to build a thriving, scalable home service business backed by some of the most successful and experienced team members in franchising.

30 Second Elevator Pitch:
PatchMaster is North America's #1 Drywall Repair Specialists offers high-demand drywall repairs, including texture and paint matching. Our Franchisees do the work that drywall companies, plumbers, electricians, and contractors don't want to do, filling a niche with homeowners and trade professionals across the U.S. Our low-investment business model combined with low COGS and no lease commitments allow for strong margins and a quick path to profitability.

Company Details

Established: 2016
First Unit Franchised: 2017

Total Franchise Partners:  73
Total Territories Sold:  153
Total Operating Territories:  123
Total Affiliated Owned Operating Territories:  20
Total Franchisee Owned Operating Territories:  103
Total States with Operating Territories:  30


Effective States:  HI, IN, MI, ND, RI, SD, WI and ALL Business Opportunity, Filing & FTC States
Deferred States:  ND
Pending Registration States:  CA, IL, MD, MN, NY, VA, WA
Not Registering:  None

Canada Franchises: No
International Franchises: No

Support and Training Offered By PatchMaster

Financial Assistance Provided: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: No
Cooperative Advertising: Yes
Training:
PatchMaster will host training approximately once each month (12 sessions per year). Our training program is hosted by industry experts and gives Franchisees and their employees both hands-on technical training, and "business office" and classroom training. We provide 3 days of hands-on training which includes equipment, materials, safety, drywall basics, tips and tricks, textures, painting and finishing. In addition, we provide 2 days of classroom training which includes pricing and profitability, software training, choreography of a patch, marketing, digital lead generation, marketing to the trades, social media, vendors and environmental concerns.

2024 Franchise Requirements Needed to Own a PatchMaster Franchise.

What does a PatchMaster Franchise Cost?

PatchMaster franchise fees for 2024:

Cash Investment:  $50,000
Total Investment:  $87,350 - $112,850
Minimum Net Worth:  $110,000
Franchise Fee:  $49,500
Royalty:  9% sliding to 5%
Ad:  1%
Item 19:  Yes
Average Number of Employees:  1
Visa Candidates:  Yes

Passive Ownership:  No
Semi-Passive Ownership:  Yes, with a manager in place

Home-Based:  Yes
B2B:  Yes

Master Franchise Opportunities:  No
Veteran Discount:  $7,000 Off Initial Franchise Fee

Is PatchMaster a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. PatchMaster is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is PatchMaster a Home Based franchise?

Yes. PatchMaster is a home based franchise opportunity.

What Do PatchMaster Franchise Owners Make?

Click here to find out how much PatchMaster franchisees make. PatchMaster offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is PatchMaster a Master Franchise Opportunity?

No. PatchMaster is not a master franchise opportunity.

Does PatchMaster Offer a Veteran Discount?

Yes. PatchMaster franchise does offer a veteran discount.

Does PatchMaster Work with E2 Visa and EB-5 Visa Candidates?

Yes. PatchMaster franchise does work with E2 Visa and EB-5 Visa candidates.

Is PatchMaster Looking for Franchisees in Canada?

No. PatchMaster franchise is not looking for Canada franchisees.

Is PatchMaster Looking for International franchisees?

No. PatchMaster franchise is not looking for International franchisees.

Where can I see PatchMaster's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Repair & Restoration, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

PatchMaster Franchises for Sale

Click Here to inquire about existing PatchMaster franchises for sale. We may have PatchMaster franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.