Hole in the Wall
The total investment to open a Hole in the Wall franchise ranges from $82,500 to $130,300. The initial franchise fee is $40,000. Ongoing royalties are 6% plus a 2% advertising fee.
What is the Hole in the Wall franchise?
Hole In The Wall Drywall Repair is a focused franchise concept for professional drywall and ceiling repair in residential and commercial properties. Its service only model addresses holes, cracks, water damage, and general wall imperfections, rather than broader construction or remodeling work. The concept was developed and founded by Bill DeMent in Orlando, Florida, where the company remains headquartered. The brand has more than 12 years of expertise, suggesting a founding year around 2011 or 2012. A YouTube interview from November 2025 described the company as having 14 years in business. James Groves serves as Co Founder and Chief Operating Officer alongside DeMent. The name Hole in the Wall came from a breakfast conversation between DeMent and an SEO specialist friend. The friend first suggested The Hole in the Wall Gang, which was later refined to its current name. Franchising began in 2022, and the brand was described as having just over two years as a franchise brand in late 2025. In 2025, the system had 3 units, including 2 franchised owned locations and 1 company owned unit. The concept is aimed at property owners who need a dedicated repair provider and buyers considering a specialized service business in an established maintenance category.
Drywall repair operates within the broader U.S. residential remodelers category, which is supported by ongoing spending on property maintenance, upgrades, and necessary repairs. Demand comes from several sources. Aging housing stock creates recurring needs such as settling cracks and ordinary wear. Water damage from leaks, burst pipes, or natural events can create immediate repair work. Homeowners who spend more time at home, including because of remote work, may be more likely to notice interior imperfections and address them. Buying and selling property also creates work, since sellers may repair minor defects to support property value and new buyers may customize their spaces. The drywall repair field is fragmented among general contractors, handymen, and smaller operations, where consistency, professionalism, and specialization may vary. That structure gives a branded franchise a way to present a more consistent service. Stable housing markets and insurance coverage for property damage also support demand for repair work. Hole In The Wall focuses exclusively on holes, cracks, water damage, and general wall imperfections, giving it a defined position within a market often served by generalists rather than dedicated specialists.
The initial franchise fee is $59,500 for one unit. Multi unit fees are $99,500 for 2 franchised units, $134,500 for 3 units, $164,500 for 4 units, and $194,500 for 5 units. The stated total initial investment is $82,500 to $130,300. Other cited estimates place the range at $83,000 to $130,000, while another range of $90,000 to $170,000 depends largely on whether the franchisee buys or leases required vehicles. Applicants need minimum cash investment, or liquid capital, of $50,000 and minimum net worth of $250,000+. Estimated costs include a $5,000 launch support fee; rent, utilities, and leasehold improvements of $200 to $4,100; a market introduction program of $3,000 to $6,000; furniture, fixtures, and equipment of $0 to $1,200; computer systems of $500 to $1,500; insurance of $500 to $1,500; vehicles of $0 to $10,000; signage of $0 to $1,500; office expenses of $500 to $1,000; inventory of $500 to $2,000; licenses and permits of $100 to $500; dues and subscriptions of $400 to $500; and professional fees of $300 to $2,000. The franchise may be home based, which can reduce or eliminate rent and utility costs. Vehicle leasing is available through a company partnership and may affect the total investment.
The operating model centers on mobile, service only drywall and ceiling repair. A franchisee generally handles customer inquiries, schedules appointments, dispatches technicians, oversees repair work, and monitors customer service for holes, cracks, water damage, and other wall imperfections. Staffing is primarily focused on skilled technicians. The labor structure allows an owner to begin with a lean team and add staff as demand and revenue increase. A home based format can reduce or eliminate traditional commercial rent and utility expenses estimated at $200 to $4,100, while a mobile operation can keep overhead lower and provide operational flexibility. Training includes travel and lodging, indicating an in person program that covers operational and technical knowledge, although its duration is not specified. Corporate support includes use of the 2.00% national brand fund for advertising and marketing. The model also contemplates continuing operational guidance as franchisees grow. Territories are structured for exclusivity, giving each franchisee a defined geographic area to develop. Franchise opportunities are available for inquiry in AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WI, WV, WY. The multi unit schedule from $99,500 for 2 units to $194,500 for 5 units provides a defined path for expansion. An owner operator approach is typical at the beginning, with the possibility of moving toward a managerial role as additional units are added.
The brand’s Loan Activity Score is 49, categorized as Fair. Hole In The Wall was founded around 2011 or 2012 and developed more than a decade of experience before franchising began in 2022. In 2025, it had 3 units, made up of 2 franchised locations and 1 company owned unit. This indicates an early and measured franchise growth period, described as just over two years as a franchise brand in late 2025. On April 18, 2024, the brand announced its second franchise location in The Villages community in Florida. That location is owned by franchise partner Ron Kimraj. The service only model addresses a recurring set of property issues while avoiding the broader demands of general construction and remodeling. Its home based format may reduce or eliminate rent and utility costs estimated at $200 to $4,100. The initial investment of $82,500 to $130,300 is paired with a defined service category and a relatively lean operating structure. These factors give prospective buyers areas to examine when assessing unit economics, including technician labor, vehicles, marketing, operating expenses, and revenue generation.
Hole In The Wall Drywall Repair remains in the early part of its franchise expansion. Franchising started in 2022, and the system had 3 units in 2025, consisting of 2 franchised owned locations and 1 company owned unit. The second franchise location was announced on April 18, 2024, in The Villages community in Florida, with Ron Kimraj as the franchise partner. The company is pursuing additional growth in the Southeast. Its Florida operations include Polk, Orange, Osceola, and Seminole counties, along with the Cocoa Space Coast from Cocoa Beach to Merritt Island. The brand has also identified Miami and surrounding areas in South Florida as targets for further expansion. The model is designed for scalability and limitless expansion, allowing franchisees to begin on a smaller scale and add capacity over time. Its competitive position rests on specialization in professional drywall and ceiling repair through a service only model. The company reports more than 12 years of expertise, reaching 14 years by November 2025. The name Hole in the Wall can support recognition in a category where specialized branding is less common. A home based option can reduce overhead, while vehicle leasing partnerships can help manage the initial vehicle requirement. Together, the defined service focus and operating flexibility are intended to serve consistent demand for specialized property repairs.
A suitable franchise candidate would bring entrepreneurial drive and a commitment to high quality service. The materials do not identify specific industry experience or management experience as a requirement. Organizational ability would help with scheduling, customer communication, technician coordination, and service delivery. As the business grows, the owner may need to manage a service team and maintain customer satisfaction while handling repairs involving holes, cracks, water damage, and general wall imperfections. The model is intended to let an owner start small and gradually grow operations, with the potential to become a multi unit owner operator or move into a managerial role. Multi unit options cover 2, 3, 4, or 5 units, with fees increasing from $99,500 to $194,500. The current Florida territory includes Polk, Orange, Osceola, and Seminole counties and the Cocoa Space Coast. The company is seeking development beyond those areas, particularly in the Southeast, including Miami and surrounding areas in South Florida. Franchise opportunities are available for inquiry in AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WI, WV, WY. Markets with many residential and commercial properties, aging infrastructure, or active real estate turnover may offer a strong fit because those conditions can create recurring drywall repair needs. A specific signing to opening timeline is not provided, but the $5,000 launch support fee indicates a structured onboarding process for new franchisees.
Hole In The Wall offers a service only franchise focused on professional drywall and ceiling repair for holes, cracks, water damage, and general wall imperfections in residential and commercial properties. The stated initial investment is $82,500 to $130,300, and the home based format may help reduce rent, utility, and other overhead costs. The brand had 3 units in 2025, including 2 franchised locations and 1 company owned unit, while its Loan Activity Score was 49, categorized as Fair. Its growth plans include the Southeast, Miami and surrounding areas in South Florida, and inquiry availability across the listed U.S. states. Ongoing fees are a 6.00% royalty and a 2.00% national brand fund contribution. Buyers should review the franchise disclosure document, confirm operating assumptions, and evaluate local demand, labor, vehicles, marketing, and service costs before making an investment decision. PeerSense provides franchise research information such as SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and side by side comparison tools. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders. It is not a lender.
Loan Activity Score
49/100
SBA Default Rate
0.0%
Active Lenders
1
According to its Franchise Disclosure Document or public business records, Hole in the Wall has 1 location, all owned by franchisees. Public SBA loan records show 1 lender made 1 loan to franchisees of Hole in the Wall. PeerSense calculates Hole in the Wall's score as 49 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 2010 · 1 location
$82,500 to $130,300
$40,000
1
1 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Hole in the Wall
1
Total SBA loans
$150K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Hole in the Wall
Loan Activity Score Breakdown
New or niche (1 to 2 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 7.0% peer avg
SBA Loans
1
Total Volume
$0.1M
Active Lenders
1
States
1
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Hole in the Wall based on SBA lending data
SBA Default Rate
0.0%
7.0% below peer avg
SBA Loan Volume
1 loans
Across 1 lender
Lender Diversity
1 lender
Avg 1.0 loans per lender
Investment Tier
Mid range investment
$82,500 to $130,300 total
Hole in the Wall: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2025
1 approval. The best year on record for Hole in the Wall.
Top SBA State
North Carolina
1 SBA financed Hole in the Wall locations, the densest operator footprint.
Average Loan Size
$150K
Median $150K. Use as a sizing anchor when modeling your own Hole in the Wall unit.
Lender Concentration
100%
Concentrated
Share of Hole in the Wall approvals captured by the top 3 SBA lenders.
Hole in the Wall's SBA lending pipeline peaked in 2025 (1 approval). The last five fiscal years account for 100% of cumulative volume ($150K approved). Operator density is highest in North Carolina with 1 SBA financed locations. Average funded ticket sits at $150K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$854
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Hole in the Wall, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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