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Determine how the franchisor earns income and review their financial statements. PatchMaster offers fast, professional drywall repair. Catch up on the latest franchise news, trends, and more. PatchMaster approaches each job systematically with an experienced hand and, more importantly, an expert eye. To buy a franchise with PatchMaster, you'll need to have at least liquid capital of $50,000 and a minimum net worth of $100,000. Drywall and Sheetrock Repair No matter the size, shape or location, our skilled technicians can make your home whole again. Whats more, well work with you until its an exact match, even if it means coming back. PatchMaster does not require a storefront location, so you can comfortably run it from home. Additional details about running this franchise. No. Our listings and rankings are solely research tools you can use to compare opportunities. PatchMaster is a registered trademark of PatchMaster Franchise, LLC. 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. Chester, NJ May 1, 2021 PatchMaster, the fast-growing drywall repair concept, has achieved a major benchmark in franchising in an incredibly short amount of time. She brings over 20 years of experience in digital brand development and franchise marketing to PatchMaster. Drywall & Sheetrock Repair Net Worth: $110,000. All rights reserved. Ongoing Fees Initial Franchise Fee: $19,500 Ongoing Royalty Fee: 9-5% Since there is no inventory or fancy office space needed, your return on investment for your new home-based franchise can be fast! B2B: Yes, Master Franchise Opportunities: No All Rights Reserved. Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. PatchMaster has a franchise fee of up to $19,500, with a total upfront investment range of $27,950 to $49,800. This GREAT business model is what keeps their franchisees thriving. How Much Can I Make as a Franchise Consultant? Is Franchising a Path for You? A PatchMaster franchise is highly scalable but the initial capital needed is far less than most franchise concepts. Back When Orangetheory Started Expanding, Its New Studios Failed. The following is a statement of average and median revenue per job for calendar year 2021 for U.S. PatchMaster franchisees based on the tertile rankings subsets from the first Average Gross Sales table, above. PatchMaster has a franchise fee of up to $19,500, with a total initial investment range of $27,950 to $49,800. The Gross Profit calculations and numbers outlined in the table above do not reflect profits or margins calculated by comparing sales to all operating expenses. The PatchMaster franchise 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. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. Thats why they've created a safer and cleaner alternative for pet grooming needs. PatchMaster offers territory protections. One of our advisors will have detailed knowledge about this brand. Connect with hundreds of the industry's top Franchisors and Consultants as an IFPG Approved Vendor Member. Ferrara is passionate about providing franchisees with the tools and support they need to succeed and maintain PatchMasters position as the top choice for drywall repair services. The following financial performance representation is based on historical data concerning the franchise systems outlets. You can work for yourself or grow a team. Headquartered in Chester, New Jersey, PatchMaster is a home services franchise brand offering customers a fast and professional solution for drywall repairs. The PatchMaster Franchise System is a low investment opportunity that offers huge potential. PatchMaster Franchise Opportunity | 50 followers on LinkedIn. Chem-Dry is the largest carpet cleaning franchise in the world with over 3,000 units. PatchMaster franchise does work with E2 Visa and EB-5 Visa candidates. competition with industry-leading business processes and Read the report in the November 2016 issue of Motor Boat & Yachting. Please reach out to: PatchMaster Drywall Repair Company announces today the grand opening of PatchMaster Serving the West Valley. category. The average Repair and General Maintenance franchise began franchising in 2004. It's an impressive feat for a franchise: Less than 10 percent of brands ever reach that size. This information was compiled from data reported by franchisees in the required business management software that PatchMaster can access. PatchMaster specializes in fixing holes caused by renters, plumbing leaks and those DIY projects that just can't seem to get finished. Average Cost of Goods Sold: $219,439 (43%), Average Cost of Goods Sold: $116,946 (45%), Average Material Expenses: $11,566 (10%), Average Cost of Goods Sold: $54,520 (45%). Training: Each PatchMaster Franchise Office is Independently Owned and Operated. materials, safety, drywall basics, tips and tricks, textures, Katies academic background is in Business Administration. The averages and medians do not include revenue from (a) any franchisees operating less than one year, whether (i) the franchisee began operations after January 1, 2021 and, therefore, did not operate for a full year, or (ii) the franchisees franchise was not yet opened, terminated, expired, or transferred prior to December 31, 2021 and therefore the franchisee did not operate for the full year period and (b) any franchisees (i) from whom PatchMaster did not receive monthly sales reports, or (ii) for whom PatchMaster does not have complete POP statistics, for all of the 12 months up through December 31, 2021. The company provides high quality drywall services for small holes, dings and dents, typically finishing jobs in one visit. Net-worth Requirement: $50,000 - $100,000 generation, marketing to the trades, social media, vendors and Find out below. A week of training at our New Jersey training center and headquarters will provide you with the technical and operational knowledge you need to start generating revenue quickly. In every way, financially, emotionally, all the way around. PatchMaster is a low-investment franchise that offers unlimited potential. PatchMaster franchisees offer same-day drywall repairs, including texture and paint matching. They began franchising in 2017. Yes. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them. and paint matching. PatchMaster's franchise-first culture is the foundation of the company and gives franchisees the resources and support they need to build a successful, scalable and profitable business. With over 120 franchised areas already, PatchMaster is proving to be one of the best low-cost investments possibly ever started. The PatchMaster Franchise System is a low investment opportunity that offers huge potential. Franchise Quiz We'll help you quickly build your franchise ownership profile, then present you with a personalized set of franchises you could open! Our training program is hosted by industry A curated list of franchise-related news articles by the FranchiseHelp team. And we love what we do. high-demand drywall repairs, including texture and paint matching. texturing, and paint matching. !Want to visit Bavaria? Katie is highly motivated and results-driven, with comprehensive experience in business administration. Business Type: Franchise Liquid Cash Requirement: $20,000 - $50,000, Initial Franchise Fee: $19,500 Get the guidance and support you need every step of the way from funding to franchisor introduction, due diligence, franchisee validation, discovery day, territory selection, and signing from an experienced franchise broker at no cost to you. Contact us to unlock your franchise's page to add content and get leads! environmental concerns. Certified Franchise Consultant (CFC) Training. Franchise Fee: $49,500 Net Worth Required: $100,000 Total Investment Range: $82,000-$105,500 Royalties: declining scale from 9% down to 3% Ad Fee: 1% 1 2 3 4 5 6 7 Available Locations: Single, multi-unit opportunities available throughout the United States. Matmatch | 12,935 followers on LinkedIn. Great initial training to help get started quickly. - Dave Biggerstaff, Franchisee, North Carolina. We'll help you quickly build your franchise ownership profile, then present you with a personalized set of franchises you could open! Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. We're looking for franchise partners who are outgoing, have a background in sales, marketing, and/or management, and are results-oriented. PatchMaster is North America's #1 Drywall Repair Specialists that Based in Springfield Massachuttes, PatchMaster Serving the Greater Springfield Area offers a fast, professional solution for drywall, and plaster repairs in your home or office. The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. PatchMasters initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the companys 2022 FDD: Royalty Fee: 9% of first $150,000 in Gross Revenue per year; 8% on $150,001 to $250,000; 8% on $250,001 to $500,000; 7% on $500,001 to $1,000,000; 7% on $1,000,001 to $1,500,000; 6% on $1,500,001 to $2,500,000; 5% on $2,500,001 and above. She is passionate about helping new franchise owners get up and running smoothly and is committed to providing them with the support and guidance they need to succeed. As part of your due diligence, you may want to speak to existing franchisees and ask the PatchMaster franchising team questions. customers and confidently provide 100% satisfaction guaranteed. Achieve career Freedom and Flexibility as a Certified Franchise Consultant. The PatchMaster business model is specially designed to meet the needs of this long underserved yet significant market. Learn all there is to know about buying a franchise. So review average sales data with caution. Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse. Chem-Dry is a household carpet cleaner, featuring a patented deep-cleaning process. See Software. Environmental, Social, Governance (ESG) Statement, PatchMasters Growth Continues, Bringing Expert Drywall Repair Solutions to Glendale, Arizona, PatchMaster Expands its Drywall Repair Services in Glencoe, Glenview, Wilmette, and Surrounding Areas with New Ownership, PatchMaster Expands its Drywall Repair Services in Barrington, Cary, Algonquin, and Surrounding Areas with New Ownership. Here is an opportunity that features proven business development tools, the ability to scale, and strong margins. Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. They offer certain financing options within Item 10 of their FDD. Franchise Fee: $49,500. You will find that everyone at PatchMaster, from the President to your fellow franchisees, will do all they can to help you be successful. In less than 2 years, I now have 4 vans on the road full time and looking to add a 5th. - Eddie Zite, Founding Franchisee, Utah, PatchMaster knows franchising! The PatchMaster business model is highly scalable, so you can work for yourself or grow your team. **Please note that the information and opinions expressed by the Franchisor are those of the Franchisor. market, low competition and high margins. Franchisees can expect to make a total investment of $82,000 - $105,500. The PatchMaster Franchise System is a low investment opportunity that offers huge potential. The PatchMaster business model offers todays entrepreneur the perfect opportunity to build a thriving, scalable home service business backed by some of the most successful and experienced team members in franchising. This field is for validation purposes and should be left unchanged. He currently serves as the CEO of PatchMaster, a leading franchise business specializing in drywall repair and installation services. IFPG Consultant Brings Candidates to PatchMaster Franchise on an E2 Visa, Start a New Career as a Franchise Consultant, Franchises That Work With E2 Visa and EB-5 Visas, International Franchise Professionals Group. Subscribe to our newsletters and keep up-to-date with the latest news in the franchise industry. We know franchise development can be hard. As you decide if opening a PatchMaster franchise is the right move for you, make sure you take time to explore the opportunity. Here's what you need to know if you're interested in opening a PatchMaster franchise. Part 1 states average and median annual gross sales for the calendar year 2021 for different subsets of U.S. PatchMaster franchisees. Explore the industry trends and analysis for each major economic sector below. Most of these franchisees operate in multiple franchise territories. regularly need someone to repair a wall after their work is complete. under Create your FREE account to access additional data on PatchMaster, and more! He is a strategic thinker with a strong focus on innovation and operational excellence. Franchise Fee 49500 Investment Range $86K-$112K Location units Total U.S. PatchMaster has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory. Franchise owners can work independently or grow a team. As the Vice President of Operations at PatchMaster, Joe Eible brings over 20 years of experience in IT, process improvement, and customer service to his role. 7 (Fri.), 11 a.m. EST, Low-Cost Franchises Jul. Gross Profit means Total Sales minus costs of goods sold which included labor and materials expenses such as salaries and wages, payroll expense, contractors payments, rental equipment, etc. We offer you all the training and support you need to achieve the dream of working for yourself in an industry with unlimited potential! And we love what we do. offer extensive onboarding, field, and marketing support to our Over 40 years of Franchisor experience serving over 3,500,000 homeowners. Please complete the form for all media and inquiries. Yes. That's why we constantly are looking for new ways to help you find qualified franchise prospects. PatchMaster Drywall Repair Company announces today the grand opening of PatchMaster Serving Chicagos North Shore. PatchMaster Serving Eastchester offers a fast, professional solution for drywall, and plaster repairs in your home or office. Film. Thank you for the opportunity to serve you., Privacy Policy | Terms & Conditions | Website by Hudson, Difference Between Franchise Consultant and a Franchise Broker. This is called an earnings claim. Net-worth Requirement: $50,000 - $100,000 Liquid Cash Requirement: $20,000 - $50,000 PatchMaster Initial Investment Initial Investment: $27,950 - $49,800. years home services experience, we outperform our competition with The initial franchise fee for a PatchMaster franchise territorywhich consists of a population between 300,000 to 350,000is $49,500 USD. The franchise opportunities listed above are not related to or endorsed by Franchising.com or Franchise Update Media Group. The PatchMaster business model is highly scalable, so you can work for yourself or grow your team. Click Here to inquire about existing PatchMaster franchises for sale. Franchise Winners, Survivors and Losers Last Year. Interested in ownership opportunities like PatchMaster? Pending Registration: HI, IN, MD, MN, NY, SD, VA, WA, Canada Franchises: No This exciting model offers you, the entrepreneur, an outstanding opportunity to build a successful, professional business providing a valuable service to consumers and service professionals. This business may have fairly little competition, as it has a specific niche in the home services industry. Joe joined PatchMaster in 2019 as director of franchise support and has been instrumental in driving the companys growth and success. Their industry leading products are eco friendly, their process does not require customers to leave their home, and using their Lightspeed UV Technology, projects are completed in 1-3 days vs. 7-10 days for competitors. I didnt really know much about franchising and never touched drywall. FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation. If you buy multiple units (usually defined as Area Development Agreements), you can anticipate that as you open the next unit, you will generate more revenue and profits overall. 2023 FranchiseHelp Holdings LLC. 'More Crucial Now Than Ever Before,' The Biggest Franchise Trends of 2023, According to 17 Top Franchise Executives, 4 Things You Need to Know About Private Equity Investors in Franchise Businesses, Why Your Marketing Should Not Slow Down in a Recession, 3 Proven Methods of Boosting Franchise Operation Sales, This Key Tip is the Secret to Successful Franchise Sales. Finding the best franchise means researching several franchise opportunities to determine the ideal fit for you. Jack Haines heads to Loch Lomond to test a brand new concept from Bavaria, the E40. *PatchMaster is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wisconsin, Wyoming. Were seeking people who can build relationships, lead a team, and are motivated to excel. We can help! CertaPro Painters, The Patch Boys, The Grounds Guys, Miracle Method Surface Refinishing, Kitchen Wise, NextGen Great Sealcoating, Weed Man Lawn Care, Premier Pools & Spas, Pillar to Post Home Inspection, Heaven's Best Carpet Cleaning, Clozetivity, ProSource Wholesale, The Designery, Grizzly Auto Detailing, Bar-B-Clean. painting and finishing. Cash Investment: $50,000 In this video, we explore why PatchMaster is a wise investment for anyone looking to start their own drywall repair franchise. PatchMaster is graded based on our most recent FDD research! Ongoing fees include a technology fee and a downward . Samantha Dreger is an award-winning digital marketer and serves as PatchMasters Chief Marketing Officer. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Midnight Commander. - In Pakistani currency, the investment comes around PKR 4,35 - PKR 7,76 million. Identify the perfect franchise for you! We may receive a commission for leads generated from our site. PatchMaster will host training approximately once each month (12 At PatchMaster we pride ourselves on creating happy customers. Here's How They Turned It Around. FranNet assumes no liability for the statements and opinions stated by our Franchisor partners orally or in writing. Explore franchises and business opportunities by industry and category. PatchMaster has a franchise fee of up to $19,500, with a total upfront investment range of $27,950 to $49,800. Some franchisors may provide limited information such as overall systemwide sales. Recruiting Assistance: No Theres a skill and an art to itboth of which our PatchMaster technicians have down pat. The PatchMaster Franchise System is a low investment opportunity that offers huge potential. THESE FRANCHISES HAVE BEEN REGISTERED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF CALIFORNIA. Franchised Units 105 U.S. Corporate Units 18 Headquarters (City, State) Chester, NJ Square Footage N/A Other Item 19 - Franchise Financials Yes October 18th, 2018. Wed love the opportunity to talk with you. N-Hance Wood Refinishing is the worlds largest Wood Refinishing Franchise, specializing in cabinets, wood floors and interior wood surfaces. P.O. Legal Notices | Privacy Policy, Franchise Leadership & Development Conference, Franchising Express Weekly Featured Franchises, Multi-Unit Franchisee Customer Experience Report, Multi-Unit Franchisee Service Brands Edition. PatchMaster is North America's #1 Drywall Repair Specialists offers high-demand drywall repairs, including texture and paint matching. The upfront investment of any franchised business includes multiple fees. Once you sign up as a franchisee, you will receive support from the franchisor. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we research and study will disclose financial performance data within Item 19 of their FDD. As of the 2020 Franchise Disclosure Document, there are 37 franchised PatchMaster locations throughout the USA. Business Description: Are you eager to see what else is out there? Many dream of owning a successful business, but finding a profitable opportunity that requires a small investment can be challenging. by Staff Report December 21, 2020 Former Atlanta-Fulton Public Library System librarian Derek Wilson announced that he's the owner of the first PatchMaster franchise, a specialty drywall business, in the Atlanta region. Ideal for anyone in need of in-house financing and for anyone looking for an established home-based business. Email franchisechatterblog@gmail.com, Your website and you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful. (David F., subscriber), Best Automotive Wheels and Tires Franchises, Best Kitchen and Bath Remodeling Franchises, Express Employment Professionals Franchise. The premise is both simple and brilliant. Definition: A ongoing fee paid to the franchisor on a regular basis. PatchMaster charges a franchise fee of $49500. PatchMaster is accepting franchising inquiries from most parts of the country thanks to the need for their services increasing by the day. Learning to replicate one location's success is a whole different equation, cofounder David Long says. Curious to know where PatchMaster ranked on other franchise lists? IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. offer high-quality, same-day drywall and plaster repair, texturing, Unlock to learn more and talk with our advisors. We fill a niche that is in high demand with home owners and trade professionals across the U.S. and Canada, but the initial capital needed and ongoing overhead costs are far less than most franchise concepts. Your email address will not be published. Yes. Definition: A discount or other incentive offered to military veterans who buy a franchise with this company. This statement has not been audited and PatchMaster has not undertaken to independently verify the accuracy of the information submitted to it by the franchisees. This month, the franchise marks the sale of more than 100 franchise territories. This a golden opportunity your brand should leverage. Cooperative Advertising: Yes Total Investment: $82,000 $105,000. PatchMaster is a drywall repair specialist franchise founded in 2016. Company Owned Units Open: 16, States Registered In: CA, IL, MI, ND, RI, WI Veteran Discount: $7,000 Off Initial Franchise Fee. We fill a niche that is in high demand with home owners and trade professionals across the U.S. and Canada, but the initial capital needed and ongoing overhead costs are far less than most franchise concepts. Assets include cash, stocks, retirement accounts, and real estate. Click here to find out how much PatchMaster franchisees make. the Item 19: Yes A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document. The estimated population (POP) in each franchisees territory varies and is based on the size of territory each franchisee decided to purchase. Thank you again for your interest in PatchMaster! All Rights Reserved. IFPG Consultant Brings Candidates to PatchMaster Franchise on an E2 Visa. Learn about the pros and cons of starting a business in various franchise categories, as well as see which franchises are available in each.

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