Hole in the Wall
Hole in the Wall Franchising, LLC offers franchises for businesses providing drywall repair and replacement services under the 'Hole in the Wall' brand. Franchisees operate service-based outlets targeting homeowners, renters, and property managers needing quick and reliable drywall fixes. The business model supports single-unit franchises or multi-unit development agreements with initial investments from $82,500 to $130,300 per unit.
Franchise Costs
6% royalty (or monthly minimum) + 2% marketing fund + $190-$220/mo software subscription + $40-$45/mo tech fee
Financial Performance
Item 19 Financial Performance
Data Based On: Financial performance information for one Hole in the Wall business owned by our affiliate that was open for the full time period of January - December 2024. Franchised locations data was not included because they didn't have a full year of data to include.
* All financial figures were extracted from the 'Adjusted Total' column of the 'Profit and Loss, January - December 2024' statement. 'Average Gross Revenue' is the 'Total Income'. 'Average Gross Profit' is the 'Gross Profit'. 'Average Net Profit' is the 'Net Operating Income'. 'Average Net Income' is the 'Net Income'. EBITDA could not be calculated due to missing information on depreciation, amortization, and income taxes. Best guess profit range (low/high) is set to null because while Note 4 indicates some operating expenses for the affiliate-owned business might not be included in Item 19, no specific values or ranges for these missing expenses are provided, making it impossible to estimate a profit range from the given single unit's actual performance data.
Extracted Item 19 Section
How Hole in the Wall Compares
Key Insights
- Lower investment than 86% of Home Improvement franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Hole in the Wall Current | $74K – $100K | $60K | 6.0% | 2 |
| BUDGET BLINDS | $101K – $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $195K – $242K | $50K | 6.5% | 333 |
| CERTA PROPAINTERS | $171K – $321K | $65K | N/A | 303 |
| FCI | $184K – $249K | $55K | 5.0% | 288 |
| That 1 Painter | $113K – $189K | $59K | 6.0% | 265 |
Home Improvement Average 63 franchises | $139K – $246K | $51K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 63 Home Improvement franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
Franchisee Contacts
2 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
2 Contacts Available
Unlock all Hole in the Wall franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Hole in the Wall franchise ranges from $73,500 to $100,300. This includes a franchise fee of $59,500. Ongoing royalty fees are 6.0% of gross sales.
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