Franchising since 2015 · 7 locations
The total investment to open a The Patch Boys franchise ranges from $66,120 - $150,000. The initial franchise fee is $29,500. Ongoing royalties are 3%. The Patch Boys currently operates 7 locations (7 franchised). PeerSense FPI health score: 53/100. Data sourced from the 2024 Franchise Disclosure Document.
$66,120 - $150,000
$29,500
7
7 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for The Patch Boys financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
Emerging (3-9 loans)
SBA Default Rate
12.5%
1 of 8 loans charged off
SBA Loans
8
Total Volume
$0.9M
Active Lenders
3
States
6
The Patch Boys franchise addresses a persistent challenge for homeowners and businesses alike: the need for professional, small-scale drywall and ceiling repair services, a niche often underserved by larger contractors focused on new construction or extensive renovations. This specific market gap was initially identified by Leo Goldberger, a seasoned veteran of the construction industry, who founded The Patch Boys in 2006 with the explicit goal of providing specialized, efficient solutions for these common yet frequently neglected repairs. While some sources cite the founding year as 2008, the company spent nearly a decade meticulously refining its operational model before launching its franchise program in 2015, demonstrating a commitment to a proven system. Today, The Patch Boys operates within the expansive home services and restoration industry, having experienced a remarkable growth trajectory, particularly since its strategic acquisition by BELFOR Franchise Group (BFG) on July 13, 2020. This integration into BELFOR, recognized as the world's largest residential and commercial services franchise group, has fundamentally reshaped The Patch Boys' market position, transforming it into a rapidly expanding network with over 300 locations as of July 2025, and more than 290 locations nationwide in 2024. The 2025 Franchise Disclosure Document (FDD) reported 284 total units, all of which were franchised-owned with 0 company-owned, underscoring a pure franchise model. While one specific source from March 2026, referencing a 2024 FDD, noted 7 operating locations, this figure stands in stark contrast to the vast majority of recent data indicating a much larger and continually expanding footprint across the United States. The Patch Boys is headquartered in Katy, TX, though press releases frequently originate from Ann Arbor, Michigan, suggesting a dual operational presence. This franchise opportunity matters to investors seeking entry into a resilient service sector with a specialized focus, backed by a powerful parent company that facilitates a robust referral engine, directing drywall repair work directly to franchisees. This positions The Patch Boys as a significant player in its niche, offering a structured approach to a perennially in-demand service.
The broader home services and restoration industry, within which The Patch Boys operates, represents a robust and often recession-resistant market driven by consistent consumer demand for property maintenance, repair, and improvement. While specific market sizing for "drywall and insulation contractors" is not universally reported, the overall U.S. home improvement market regularly exceeds $400 billion annually, with repair and remodeling constituting a significant portion of this expenditure. Key consumer trends driving demand for services like those offered by The Patch Boys include the aging housing stock across the United States, which necessitates ongoing maintenance and repair, and a growing preference among homeowners to outsource specialized tasks rather than undertake complex DIY projects. Furthermore, an increasing focus on home aesthetics and functionality, spurred by factors like remote work trends which keep people in their homes more frequently, contributes to sustained demand for professional repair services. Secular tailwinds benefiting The Patch Boys franchise specifically include the cyclical nature of real estate transactions, where property inspections often reveal the need for minor repairs before sale, and the unfortunate but consistent occurrence of property damage from weather events or everyday wear and tear. This industry category attracts franchise investment due to its essential nature, providing services that are always needed regardless of economic cycles, and the potential for consistent revenue streams from both residential and commercial clients. The competitive landscape for small-scale drywall repair is often highly fragmented, characterized by independent contractors or handyman services, which creates a significant opportunity for a branded, professional, and efficient system like The Patch Boys to capture market share. Macro forces such as continued investment in existing homes, insurance claims related to property damage, and the overall stability of the housing market create a fertile environment for growth within this specialized service segment.
Investing in The Patch Boys franchise involves a clear financial commitment, beginning with an initial franchise fee of $29,500, a figure consistently reported across multiple sources. This initial fee secures the rights to operate under The Patch Boys brand and gain access to its proprietary systems and training. The total initial investment range for a The Patch Boys franchise exhibits some variation across reporting periods, reflecting potential updates in Franchise Disclosure Documents (FDDs) or different market conditions. Estimates include a range of $60,526 to $91,926 as of July 2025, $47,568–$81,415 as of April 2023, and $59,395 - $90,367 for 2024/2025. More recent figures from 2026 suggest a range of $61,000 - $92,000 or $59,193 - $90,165, with one source from March 2026, referencing a 2024 FDD, indicating a broader range of $66,120 to $150,000. The investment midpoint is stated as $74,881. This affordability largely stems from the home-based business model, which significantly reduces overhead by eliminating the need for expensive commercial leases or elaborate build-outs. Included in these costs are various essential expenses such as an initial package fee ranging from $7,250 to $9,426, a technology system fee between $100 and $2,000, initial supplies and inventory estimated at $1,000 to $3,000, insurance costs from $2,093 to $6,000, expenses incurred while attending training between $1,000 and $5,000, and miscellaneous pre-opening expenses ranging from $1,500 to $5,000. Prospective franchisees are advised to have at least $75,000 in liquid capital, with a minimum cash required of $59,395, and a minimum net worth of $70,000. Required working capital is between $12,000 and $15,000 for three months, or potentially $15,000 to $20,000. Ongoing fees include a royalty rate, which is predominantly reported as 8% of gross sales, though one specific source from March 2026, referencing a 2024 FDD, indicates a lower royalty rate of 3%. Currently, there is no national brand fund fee, but the franchisor reserves the right to implement one up to 2% in the future, with other sources reporting 0.0% or 2.00% for an advertising fee. Franchisees are also required to invest a minimum of $10,000 in local marketing during their first year of operation. Given the total initial investment, which typically falls below $100,000 for most estimates, The Patch Boys represents a highly accessible, mid-tier franchise investment, made even more attractive by the substantial corporate backing of BELFOR Franchise Group, which acquired the brand in July 2020. This parent company provides a robust infrastructure and a significant referral engine from its network of sister brands, enhancing the value proposition for franchisees.
The operating model for The Patch Boys franchise is designed for efficiency and accessibility, primarily functioning as a home-based business that eliminates the substantial overhead associated with commercial leases and retail storefronts. This lean structure allows franchisees to focus resources directly on service delivery and customer acquisition. Daily operations for a franchisee revolve around managing small-scale drywall and ceiling repair projects, coordinating schedules, and overseeing small teams of technicians. While specific staffing requirements are not detailed, the nature of the service implies a scalable labor model, allowing franchisees to start as owner-operators and expand to employ multiple crews as demand grows. The home-based format is a core differentiator, contributing significantly to the lower initial investment and ongoing operational costs. The Patch Boys emphasizes a "world-class" training program for its franchisees, although specific details on duration and location are not provided, the estimated costs for attending training ($1,000–$5,000) suggest an in-person component, likely at a central facility. This comprehensive training is designed to equip new owners with the necessary skills in repair techniques, business management, and customer service. Ongoing corporate support is a cornerstone of The Patch Boys' system, significantly enhanced by its integration into BELFOR Franchise Group. Franchisees benefit from the referral engine created by BELFOR's sister brands, which can direct relevant drywall repair work to The Patch Boys franchisees. Corporate support also includes the continued addition of technology-driven resources throughout the network, field consultants to provide operational guidance, and structured marketing programs, complementing the required local marketing investment of $10,000 in the first year. Territory structure is based on defined "operating territories," ensuring exclusivity within a franchisee's designated service area. While multi-unit requirements are not explicitly stated, the data indicating "34 individuals who owned a total of 79 territories" strongly suggests that multi-unit ownership is a common and encouraged path within the system, allowing for scalable growth beyond a single operation. The home-based, service-oriented nature of The Patch Boys franchise allows for both an owner-operator model, particularly in the initial stages, and a more managerial, absentee model as a franchisee scales to multiple units and delegates daily operations to trained staff.
When evaluating the financial performance of The Patch Boys franchise, it is important to note that the current Franchise Disclosure Document (FDD) does not include Item 19 financial performance representations, as explicitly stated in the provided franchise data and corroborated by some recent sources from March 2026. This means prospective franchisees are advised to request performance data directly from the franchisor or engage with existing franchisees for insights. However, historical and other available data points from various FDDs and reports do offer some perspective on unit-level revenue. For instance, according to the brand's 2022 FDD, the average revenue for owners of The Patch Boys was reported as $293,781. This figure was derived from a data set encompassing 34 individuals who collectively owned a total of 79 territories, providing a significant sample size for analysis at that time. Another source reports an average gross revenue of $275,183. More recent information from 2025 indicates an average revenue of $241,000. It is noteworthy that the average gross revenue of $275,183 is observed to fall considerably below the broader sub-sector average of $739,341 for the drywall and insulation contractors category. This discrepancy is attributed to The Patch Boys' strategic focus on smaller-scale, specialized repair services, which inherently targets a different type of project with a typically lower per-job revenue but potentially higher volume and efficiency. Despite the absence of Item 19 in the current FDD, the brand's unit count growth trajectory provides a strong signal regarding underlying performance and franchisee satisfaction. The Patch Boys has experienced "explosive growth" and "exponential growth" following its acquisition by BELFOR Franchise Group in June 2020. The franchise reported "extraordinary growth and record sales from 2020 to 2021," nearly doubling the number of new franchisees and achieving a remarkable 50% growth in existing location sales revenue during that period. Since its acquisition, The Patch Boys has added 32 licenses nationwide, demonstrating robust expansion. Overall, the brand has shown a significant 116% growth over three years as of 2024. This consistent and rapid expansion, coupled with historical revenue figures, suggests that unit-level performance, while focused on a specialized niche, is compelling enough to drive sustained franchisee investment and system-wide growth, even without specific current FDD financial performance representations.
The growth trajectory of The Patch Boys franchise has been nothing short of dynamic, particularly since its strategic integration into the BELFOR Franchise Group. In 2019, the franchise operated 97 locations, which slightly adjusted to 96 units across 20 states by 2020, five years after franchising began in 2015. However, the true acceleration began post-acquisition, with the company expanding to over 120 franchise locations across the U.S. by February 2022. This momentum continued, reaching nearly 300 units or 272 operating territories by April 2023, and exceeding 290 locations nationwide as of 2024. The 2025 FDD reported 284 total units, all franchised-owned. Most recently, as of July 2025, the franchise has expanded to over 300 locations, a growth significantly fueled by BELFOR's extensive support. Another source from March 2026, referencing a 2024 FDD, indicated 7 locations, a figure which is an outlier compared to the consistent and much higher unit counts reported across multiple recent years and sources. However, the same March 2026 source also states 308 US Franchises with 18 years of operation since 2006, demonstrating system maturity and scalability. This signifies substantial net new unit additions annually, reflecting strong franchisee demand and effective system expansion. Recent corporate developments include the pivotal acquisition by BELFOR Franchise Group in July 2020, which has provided a powerful referral engine and enhanced operational infrastructure. The leadership team, including Sheldon Yellen (CEO of BELFOR Franchise Group), Rusty Amarante (President of BELFOR Franchise Group), and Ted Speers (President of The Patch Boys), drives this growth. The brand is also investing in continuing to add technology-driven resources throughout the network and expanding into new markets, exemplified by the May 2025 expansion in Southeast Michigan through the acquisition and rebranding of locations in Oakland and Macomb Counties. The Patch Boys creates a competitive moat through its highly specialized focus on small-scale drywall and ceiling repairs, carving out a distinct niche that avoids direct competition with larger, general contractors. Its home-based business model offers a significant affordability advantage, reducing barriers to entry for franchisees. The unparalleled scale and network of BELFOR Franchise Group provide a unique competitive edge, particularly through the referral engine where sister brands funnel relevant work. The business model, designed for efficiency and accessibility, combined with system maturity from its 2006 founding, ensures a streamlined operation. This brand is adapting to current market conditions by leveraging its parent company's resources and focusing on a specialized, high-demand service that benefits from ongoing home improvement trends and the need for professional, efficient repairs.
The ideal franchisee for The Patch Boys is typically an individual who possesses strong management skills and a drive for business ownership, rather than necessarily requiring prior industry-specific experience in drywall or construction. While the founder, Leo Goldberger, was a veteran of the construction industry, the comprehensive training program is designed to equip franchisees from diverse backgrounds with the technical and operational knowledge required. A background in sales, marketing, or general business management could be highly beneficial for growing a service-based business. Given that 34 individuals owned a total of 79 territories, there is a clear expectation and opportunity for multi-unit ownership within The Patch Boys system, indicating that the brand appeals to entrepreneurs looking to scale their operations. The franchise primarily operates within the United States, with locations in 33 states as per 2025 FDD data. The largest region for its franchise locations is the South, boasting 156 locations, highlighting a strong market presence in that area. The brand also has a notable presence in key states such as Texas, Michigan, New Jersey, Florida, and Pennsylvania, suggesting these markets perform particularly well or are strategic expansion targets. The headquarters is located in Katy, TX. Expansion plans are focused on continuing to add technology-driven resources and entering new markets, as demonstrated by the May 2025 expansion in Southeast Michigan. The franchise agreement term length is 10 years, providing a substantial period for franchisees to establish and grow their businesses. While specific renewal terms or transfer and resale considerations are not detailed, a standard 10-year term offers stability and a clear horizon for investment planning. The home-based, service-oriented nature of the business makes it adaptable to various market densities, from suburban communities to more urban environments where demand for specialized home repairs remains consistently high.
For franchise investors evaluating the home services sector, The Patch Boys franchise presents a compelling opportunity rooted in a specialized, high-demand niche. Its robust growth trajectory, particularly since the 2020 acquisition by BELFOR Franchise Group, underscores a proven business model and strong corporate backing. With an accessible initial investment range, a home-based operational model that minimizes overhead, and a strategic referral engine from BELFOR's extensive network, The Patch Boys is positioned for continued expansion within the resilient home improvement and restoration industry. The brand's FPI Score of 53 (Moderate) suggests a balanced risk-reward profile, warranting thorough due diligence. For those seeking to capitalize on the consistent need for professional, small-scale drywall and ceiling repairs, The Patch Boys offers a structured pathway to business ownership. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete The Patch Boys franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
53/100
SBA Default Rate
12.5%
Active Lenders
3
Key performance metrics for The Patch Boys based on SBA lending data
SBA Default Rate
12.5%
1 of 8 loans charged off
SBA Loan Volume
8 loans
Across 3 lenders
Lender Diversity
3 lenders
Avg 2.7 loans per lender
Investment Tier
Mid-range investment
$66,120 – $150,000 total
Estimated Monthly Payment
$684
Principal & Interest only
The Patch Boys — unit breakdown
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