The Patch BoysFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A THE PATCH BOYS franchise requires a total initial investment of $75K – $106K, including a $45K franchise fee and an ongoing 8.0% royalty[2]. Per the 2026 FDD, average unit revenue was $293K[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $75K – $106K
- 8th pct Automotive
- Avg gross sales
- $293K
- 2nd pct Automotive
- Royalty
- 8.0%
- 25th pct Automotive
- Units
- 264
- 32nd pct Automotive
- SBA default
- 16.7%
- system-wide median varies by category
Quick verdict · Automotive · color = vs category peers
Green = >15% above Automotive avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 3.3x in gross revenue, well above the typical 1.5-2.5x range.
Franchised units fell from 298 to 264 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $75K – $106K including a $45K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $293K/year (median $252K).
- Verdict B (Above Average) with a risk score of 60/100.
- System contracting at -14.3% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Patch Boys International, LLC
- Parent company
- BELFOR Franchise Group, LLC
- Incorporated in
- DE
- HQ
- 5405 Data Court, Ann Arbor, MI 48108
- Auditor
- BDO USA, P.C.
- Audited financials
- Franchisor revenue
- $29.5M
- vs $30.1M prior year
Overview
About
The Patch Boys is a lawn care and landscaping franchise where franchisees operate service teams providing yard maintenance, lawn treatment, and seasonal property services to residential and commercial clients. Franchisees manage crews, customer acquisition, and service delivery within a protected territory, generating revenue through recurring service contracts and seasonal work.
- CEO
- Nathan Willard
- Headquarters
- MI
- Founded
- 2020
- FDD year
- 2026
- States available
- 29
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $45K | $45K |
| Working capital (3–6 mo) | $15K | $20K |
| Equipment, build-out, other | $15K | $41K |
| Total initial investment | $75K | $106K |
Source: THE PATCH BOYS 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$44K
15.0% margin
Unlevered ROIC
41%
EBITDA / total invested capital
Payback
29 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $75K – $106K
- Better than avg vs category
- Liquid capital req'd
- $15K – $20K
- Better than avg vs category
- Franchise fee
- $45K – $45K
- Better than avg vs category
- Royalty
- 8.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $349 |
| Transfer fee | $10K |
| Renewal fee | $4K |
| Total fee load | 10.0% of rev |
Financial Performance
- Avg gross sales
- $293K
- Per unit, per year
- Median gross sales
- $252K
- Item 19 type
- gross_sales
- Sample size
- 83 units
- vs category median 70
- Range (low → high)
- $5K→$1.4M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 221 Automotive brands
vs Automotive averages
How The Patch Boys Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 264
- Opened
- 7
- Last reporting year
- Closed
- 26
- Turnover rate
- 9.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -7.0%
- Net unit change last year
- 3-yr CAGR
- -14.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 18
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 34 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 6 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 6
- Loan volume
- $611K
- Median loan
- $104K
- 50th percentile
- Charge-off rate
- 16.7%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 50.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 3
- Defaults
- 1
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into The Patch Boys's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 3 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 5-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
This franchise presents HIGH RISK due to a contracting unit base (-7% YoY), serious regulatory violations involving criminal disclosure and unauthorized fund receipt, undisclosed net income figures, and litigation history suggesting systemic franchisor compliance failures.
Audited financials (Item 21)
Yes · BDO USA, P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 60 / 100 rating
- 01MINORDeclining unit count (-7.0% YoY) indicates shrinking franchise system and potential franchisee dissatisfaction
- 02MINORMultiple regulatory actions including NY AG and Minnesota Department of Commerce investigations with consent orders suggest systemic compliance failures
- 03MEDNo disclosed average net income despite $293k average revenue raises profitability transparency concerns and questions about actual franchisee earnings
- 04HIGHLitigation history involving franchise law violations and improper disclosure of criminal convictions indicates governance and ethical issues with franchisor
- 05HIGHNo going concern status (False) combined with declining units suggests potential financial instability at corporate level
- 06MINORHigh royalty rate (8%) on declining revenue base may strain franchisee profitability as system contracts
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Zip codes |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1.5 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Michigan |
| Litigation count | 3 |
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 16 hrs
- POS system
- THE PATCH BOYS CRM
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: THE PATCH BOYS CRM
Item 20 · call current owners
Franchisee Contacts
109 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
THE PATCH BOYS · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a THE PATCH BOYS franchise?
The total investment to open a THE PATCH BOYS franchise ranges from $75K – $106K, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do THE PATCH BOYS franchise owners earn?
According to Item 19 of the THE PATCH BOYS FDD, the average gross sales per unit is $293K. The median is $252K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is THE PATCH BOYS's franchise failure rate?
SBA 7(a) loan charge-off data is not available for THE PATCH BOYS (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many THE PATCH BOYS franchise locations are there?
As of their most recent FDD filing, THE PATCH BOYS has 264 total units in the United States, including 298 franchised units and 0 company-owned units. 7 new units were opened in the latest reporting year.
Is THE PATCH BOYS a good franchise to buy?
FranchiseVerdict rates THE PATCH BOYS as a B-grade franchise with a risk score of 60 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.