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1. A stellar business concept 2. Finding a hole in the market—and filling it
Why didn’t I think of that? The qualities that make this simple concept brilliant 1. Original idea: The innovators at the Patch Boys saw a hole in the market—and in walls—and filled it. The business concept is both simple and brilliant. 2. In-demand service: Drywall holes happen to all of us at some point. Whether it’s an accident during moving, kids being kids, or damage left by plumbing or electrical jobs, holes are bound to show up in our walls from time to time. These jobs are typically too small for contractors, and annoying for most homeowners who usually don’t have the time or skill to handle the repairs themselves. 3. High volume: The average repair invoice from The Patch Boys is $520 dollars, and an average job usually takes under four hours. This means an easy sale, a quick deal, and jobs that can be completed in one day. Volume is so high that most Patch Boys franchisees have jobs waiting for them on Day One. 4. Low overhead: With a low cost-of-goods and low overhead, franchisees enjoy home-based businesses with high margins. 5. Lifestyle business: Although The Patch Boys offers a service that is in demand, franchisees can book jobs around their own schedules and enjoy work-life balance. For more information, visit www.thepatchboys.com or call 844-99-PATCH 74
FranchiseDictionaryMagazine.com
