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Updated RecentlyFibrenew vs The Patch Boys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fibrenew vs The Patch Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $87,812 - $99,452 | $48,900 - $75,900 |
| Franchise Fee | $47,000 | $25,000 |
| Royalty Fee | $695/mo. | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 1985 | 2008 |
| Year Franchised | 1987 | 2015 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Fibrenew franchisees come from all walks of life. The diversity of backgrounds and past careers is widely varied, including:
Engineer, Sales Executive, Teacher, Stock Broker, Military, Chemist, Printing Industry, Insurance, Manufacturing, Rocket Scientist, Painting, Mechanic, Truck Driver, IT / Networking, Accounting, Golf Pro, Pilot, Much more... Even with this diversity, there are a few criteria that franchise owners must meet: - Can not be color blind - Enjoys working with their hands - Confidence with relationship & networking sales - Physically fit as lifting furniture may be required - Is trainable and coach-able | *Strong Sales and Client Service Abilities *Good with Timing and Schedule Management *High Personal Standards *Able to Meet Initial Investment Requirements *Strong Sense of Integrity in Corporate and Client Relationships *A Willingness and Commitment to Excellent Service Targeted experiences for potential franchise owners include: *Franchise Operations or Retail Service Industry Experience *Business Owner and/or Managerial Experience *Husband and Wife entrepreneurial team who want to start a business |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/Yes |
| Payroll | No/Yes | No/Yes |
Training & Support |
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| Training | You will be trained at our Calgary, AB training center. The 2 week training session is conducted by seasoned technicians who have all owned and operated their own Fibrenew Franchise. All told, our instructors have over over 50 years of combined knowledge. The training center is set up to facilitate hands-on instruction and practice of the many techniques our technicians use in the field everyday, including: * repair techniques * color identification * material identification * business operations * marketing and sales * communications On-The-Job Training: 12 weeks Classroom Training: 80+ hours | We provide full training and support at our headquarters in NY ( takes 4-6 days) |
| Support | Fibrenew offers live training and meetings on a regular basis and requires all franchise owners to attend. Besides their educational value, these conventions, seminars and workshops offer everyone an opportunity to meet, network and share valuable business experiences. Our dedicated support staff provides our franchisees with expert field assistance, whether it be a question with a repair, color matching, products, business operations or administration. All support technicians are past or present franchisees who have 'walked a mile' as Fibrenew repair technicians and business owners. We are here to help by phone, live video feed, email and/or our online Technical Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates Social media SEO Website development Email marketing | - |
| Operations |
Franchise can be run from home. 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Fibrenew
Our mission is to remain as the worldwide leader in leather, plastic and vinyl restoration and repair, while assisting our franchisees in achieving their personal and financial goals through owning and operating a thriving business.
Our vision is to provide our service, throughout the world with integrity, distinction, and enthusiasm.
Fibrenew continues to implement systems designed to improve every aspect of what we do, and how we do it. We are committed to providing advanced training, support and the opportunity of growth for every franchise owner.
Franchising Opportunities Available in USA, Canada, Australia, New Zealand & Mexico.
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In Franchise Business Reviews Top 200.
About The Patch Boys
When you join the Patch Boys family, you will instantly become a part of an energetic and entrepreneurial community that works together to advance the brand, coupled with the most dynamic structure in the field. There are many opportunities to join a franchise chain, but none of them has a structure like The Patch Boys! You will join a family-oriented group of professionals with a proven record of success, bundled with a professional atmosphere of credibility.
By joining The Patch Boys team, you rapidly position yourself in a unique niche market that is widely needed across the nation. The Patch Boys fills a gap that is not only sought by home owners, but multiple craftsman in the construction field are searching for exactly what we're doing.
Plumbers, Electricians, HVAC professionals, roofers and many more professionals across the nation come onto a job, they fix the leak, they repair the ducts in the wall, they reposition the electrical wires AND THEY LEAVE! They don't have the time or the man power to fix the wall and ceiling holes they just made, and that's what we are all about.
The Patch Boys is devoted to helping you achieve your dream of independence and is committed to make you a success! We adopted an environment of total professionalism, integrity, customer satisfaction and accountability thus allowing us to excel in our field by quickly becoming the absolute best choice for customers and franchise ownership alike. So, if you're looking to take the next step and have the ambition of achieving your goals and a dream of ownership, you cannot find a better team of people that have the same vision and will help you along the way one step at a time. Contact us today and find out the benefits and resources we have to offer.
Don't push it off yet again! Join our winning team, secure your family's future and live life the way it was meant to be!
Master Franchise Costs are variable per State.
Veteran Incentives 20% off franchise fee
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