PATCH BOYS

Item 7 lays out a relatively accessible entry: $74,500 to $105,900 total investment, including a $44,900 franchise fee, suited for entrepreneurs eyeing low-overhead, home-based setups or small commercial spaces. Ongoing costs bite with an 8% royalty on gross sales, a 2% brand/ad fund (waived for now), and a mandatory $349 monthly technology fee. Crucially, no Item 19 earnings disclosure means no system-wide revenue or profit benchmarks—prospective buyers are left piecing together potential from franchisee validation and market comps, heightening the due diligence bar for this opaque financial picture.

System metrics paint a mixed canvas: 264 locations as of 2025, down 7% from 283 the prior year, alongside 26 terminations and 18 transfers, suggesting some franchisee churn amid expansion hurdles. Still, 20 projected new units offer optimism, while one settled litigation over Minnesota Franchise Act claims appears minor. For buyers, the -7% contraction flags possible saturation in drywall niches or economic pressures on repairs, but exclusive territories and BELFOR backing could buffer risks—drill into recent FDD Items 20/21 for closure rates and dig beyond the numbers to gauge if this model's scalability fits a post-boom housing reality.