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FranchiseVerdict

Compare

2 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

Brand
THE PATCH BOYS logoBAbove Average
THE PATCH BOYS
Automotive
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OpenWorks logoCAverage
OpenWorks
Automotive
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Vitals
Investment range
$75K – $106K
$72K – $134K
Liquid capital
$15K – $20K
$0 – $35K
Franchise fee
$45K
$72K
Royalty rate
8.0%
15.0%
Ad fund rate
2.0%
3.0%
Performance
Avg gross sales
$293K
N/A
Median gross sales
$252K
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
N/A
Earnings metric
Not classified
Not classified
Risk
Rating
BAbove Average
CAverage
Risk score
60 / 100
68 / 100
SBA charge-off rate
16.7%
N/A
SBA loans on record
6
N/A
Scale
Total units
264
414
Net change (latest yr)
N/A
N/A
Turnover rate
9.8%
62.1%
Contract
Initial term (years)
5
10
Renewal term (years)
5
10
Initial training (hrs)
40
35
Contacts
Franchisee phones
109
100

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