PatchMaster vs SweetWater Technologies (powered by Gripp)
Franchise Comparison 2026
Both PatchMaster and SweetWater Technologies (powered by Gripp) are home services franchises. PatchMaster requires an investment of $123K – $158K while SweetWater Technologies (powered by Gripp) requires $89K – $191K. In terms of revenue, SweetWater Technologies (powered by Gripp) reports higher average unit revenue at $147K. PatchMaster has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates PatchMaster A (Strongest tier) and SweetWater Technologies (powered by Gripp) B (Above average).
| Metric | PatchMaster | SweetWater Technologies (powered by Gripp) |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $123K – $158K | $89K – $191K |
| Franchise Fee | $55K | $10K |
| Royalty Rate | Greater of: (1) tiered % of annual Gross Revenue — 9% on first $150K; 8.5% on $150,001-$250K; 8% on $250,001-$500K; 7.5% on $500,001-$1M; 7% on $1M-$1.5M; 6% on $1.5M-$2.5M; 5% above $2.5M; or (2) monthly minimum per LSA ($400/LSA yr1, $500/LSA yr2, $600/LSA yr3+) | 33.0% |
| Average Revenue (Item 19) | $145K | $147K |
| SBA Charge-Off Rate | 0.0% (20 loans) | N/A |
| Total Units | 133 | 5 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2022 | 2024 |
| FDD Year | 2025 | 2025 |
PatchMaster
AStrongest tierStrongest tier
SweetWater Technologies (powered by Gripp)
BAbove averageAbove average
Investment Range
$123K – $158K
$89K – $191K
Franchise Fee
$55K
$10K
Royalty Rate
Greater of: (1) tiered % of annual Gross Revenue — 9% on first $150K; 8.5% on $150,001-$250K; 8% on $250,001-$500K; 7.5% on $500,001-$1M; 7% on $1M-$1.5M; 6% on $1.5M-$2.5M; 5% above $2.5M; or (2) monthly minimum per LSA ($400/LSA yr1, $500/LSA yr2, $600/LSA yr3+)
33.0%
Average Revenue (Item 19)
$145K
$147K
SBA Charge-Off Rate
0.0% (20 loans)
N/A
Total Units
133
5
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2022
2024
FDD Year
2025
2025