The Patch Boys
Home Services · Restoration Services
- Active units
- 308
- Avg unit volume
- $275k
- Royalty
- 8.0%
Franchised, year-end 2023
of weekly Net Sales
About The Patch Boys
Holman Hamilton, Inc. is a leading brand based in Freehold, New Jersey, specializing in home improvement and remodeling services. With their expertise and experience, they can transform your basement into a functional and stylish space. Whether you prefer a completely finished or partially finished basement, Holman Hamilton, Inc. can bring your vision to life. Their range of options includes entertainment centers, bars, playrooms, full or half bathrooms, laundry rooms, flooring, and bedrooms. They offer customized solutions tailored to your specific needs and preferences. Their team of professionals is dedicated to providing top-notch craftsmanship and exceptional customer service. Holman Hamilton, Inc. is committed to ensuring your satisfaction and making your home improvement dreams a reality. Contact them today at info@holmanhamilton.com to learn more about their services and schedule a consultation.
Key terms
- Franchise fee
$30k
- First responder discount
$2,500 discount on the Initial Franchise Fee on the first Territory
- Related Franchisee discount
25% off the then-current Initial Franchise Fee, limited to up to two Franchises purchased at the same time; cannot combine with other discounts
- Brand fund
2.0% of Net Sales
- Local advertising
10000.0% of Net Sales
- Footprint
500 sq ft
- Veteran discount
20.0% off franchise fee — 20% discount on the Initial Franchise Fee for the first Territory for VetFran-eligible veterans
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations284
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate-7.8%
Net unit growth versus prior year
- 3-year unit CAGR-7.4%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.1×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate4.1%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$90k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open3 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.