How to Finance a Hole in the Wall Drywall Repair Franchise: Costs
By Anthony Cornella
A Hole in the Wall Drywall Repair franchise loan funds a service business with no storefront: a technician, a vehicle, tools and materials, and a marketing plan that brings homeowners’ damaged walls and ceilings to you. Because the startup budget is built around people and equipment rather than real estate, lenders look closely at the owner’s finances, the territory and the cash available to carry the business while the phone starts ringing.
This article explains what the brand does, how its costs typically break down, the fees that continue after launch, how SBA and conventional financing may fit, and what lenders review. It is general information only. US Professional Funding is not affiliated with, sponsored by or endorsed by Hole in the Wall Drywall Repair; the name is used only to describe the business. Figures in the franchisor’s disclosure document can change, loan programs vary, and every loan is subject to approval. Nothing here is legal, tax or investment advice.
Hole in the Wall Drywall Repair Franchise Loan at a Glance
- Concept: wall and ceiling drywall repair for damage from accidents, wear and tear, water leaks, flooding and re-pipes, including texture matching
- Headquarters: Orlando, Florida, according to the company
- Founder: Bill DeMent, who the company identifies as CEO and founder
- Ownership: franchise locations are independently owned and operated, with locations in Florida and other states including Texas, Pennsylvania, California, Arkansas and Michigan
- Franchise fee, royalty and total investment: not published on any franchisor page we could access; confirm them in Items 5, 6 and 7 of the current disclosure document
- Net worth and liquid capital requirements: not published in the materials we reviewed
- SBA Franchise Directory: listed as Hole in the Wall Drywall Repair (code S8116), with a note about the lease rider
Because the franchisor’s fees and investment range were not available to us in a source we could verify, this article does not quote them. Request the current disclosure document before you build a loan request.
What Is Hole in the Wall Drywall Repair?
Hole in the Wall Drywall Repair is a franchised home service brand that focuses on one trade: repairing damaged drywall. The company describes its work as restoring walls and ceilings damaged by everyday accidents, wear and tear, water leaks, flooding and plumbing re-pipes, with texture matching so the repair blends in. Its job postings describe a residential focus that also serves businesses.
The franchisor is Hole in the Wall Franchising, LLC, and the company’s headquarters is in Orlando. Franchise owners in Florida, Texas, Pennsylvania, California, Arkansas and Michigan recruit their own technicians, and each franchise makes its own hiring decisions.
Why the model matters to a lender. A Hole in the Wall Drywall Repair franchise loan funds an asset-light specialty trade business. The main costs are typically the franchise fee, a work vehicle, tools, materials, insurance, marketing and the owner’s working capital. With little hard collateral, a lender relies on the owner’s credit, liquidity and plan, and on the brand’s systems for generating leads.
Hole in the Wall Drywall Repair Franchise Costs
The Item 7 table in the disclosure document is the only reliable source for the investment range. Until you have it, use these categories to organize your budget and your questions.
Initial franchise fee
Item 5 states the initial franchise fee, what it buys (typically the territory, training and brand rights) and when it is due. Ask whether larger or additional territories change the fee, and whether any discounts apply.
Vehicle and signage
A drywall repair business runs on a dependable work vehicle that carries ladders, tools and materials to each job. Ask whether the franchisor requires a specific vehicle type, a branded wrap or a minimum number of vehicles, and whether you may use one you already own.
Tools, equipment and materials
Expect a starting package of drywall tools, sanders and dust control equipment, texture sprayers, ladders and scaffolding, protective coverings and an opening supply of drywall, compound and texture materials. Item 8 explains any required suppliers.
Office, technology and insurance
Many trade franchises can begin from a home office or small storage space. Budget for scheduling and estimating software, a phone system, general liability and vehicle insurance, licenses and any contractor registration your state requires.
Marketing, training and working capital
Grand opening marketing, travel to training and additional funds for the first months make up the rest of a typical budget. Working capital matters because jobs must be scheduled, completed and paid before revenue covers payroll and your own living costs.
Ongoing Fees and How They Affect Your Loan
Item 6 of the disclosure document lists the royalty, any brand or marketing fund contribution, technology fees, required local advertising, transfer fees and renewal fees. Ask for each fee’s basis (a percentage of gross sales or a flat amount) and whether minimums apply.
When sizing a Hole in the Wall Drywall Repair franchise loan, lenders build every ongoing fee into the projected profit and loss before calculating how much debt the business can carry. A flat minimum royalty or marketing fee weighs more heavily in the early months when sales are still building, so a projection that ignores those minimums overstates the payment the business can support.
Franchisor Requirements for New Owners
We did not find a published net worth, liquid capital or experience requirement for this brand. Expect the franchisor to review your finances, your management and sales ability and your plan for hiring technicians. Construction, remodeling or home service experience can help, but many trade franchises train owners who run the business side while hiring skilled technicians.
The usual path is an inquiry, review of the disclosure document, discovery conversations, approval, signing of the franchise agreement, training and launch. Line up financing during discovery so you are ready to sign.
Ways to Own a Hole in the Wall Drywall Repair Franchise
A new territory. Most owners open in an unserved territory. Lenders underwrite a startup on projections, the franchise model and your personal strength. Our page on franchise start-up financing outlines how those requests are structured.
Buying an existing franchise. An operating territory comes with technicians, vehicles, reviews and a customer base, and the lender can study actual revenue. The franchisor must approve the transfer. Read our article on buying a franchise resale before you make an offer.
Adding territories. Owners who build steady demand may add neighboring territories and crews, as discussed below.
Hole in the Wall Drywall Repair Franchise Loan Options
SBA 7(a) loans. An SBA 7(a) loan can combine the franchise fee, vehicle, tools, opening marketing and working capital in a single loan, subject to program rules and lender approval. The SBA 7(a) program maximum is currently $5 million, and program rules can change.
SBA 504 loans. The 504 program is built for owner-occupied real estate and long-lived fixed assets. A home-based or small-shop service business rarely needs it at launch, though an established owner buying a warehouse could consider it later.
Conventional term loans. Borrowers with strong credit and collateral may use conventional business loans, especially for expansion once the business has a record.
Equipment and vehicle financing. Work vehicles, texture sprayers, dust control systems and ladders can be financed through franchise equipment financing and leasing, which preserves cash for launch. Separate equipment payments count in the debt a primary lender reviews.
Working capital and lines of credit. Payroll, materials and marketing are paid before jobs are invoiced and collected, and insurance-related jobs can take longer to pay. A line of credit can bridge those gaps. See our page on franchise working capital.
Seller financing on resales. On the purchase of an operating franchise, the seller may sometimes carry part of the price. A seller note is typically subordinate to the primary loan, and SBA rules may limit its terms.
SBA Loans for Hole in the Wall Drywall Repair Franchisees
SBA loans are made by participating lenders with an SBA guarantee on part of the loan. For a franchise, the lender also confirms that the franchise agreement leaves the owner in control, and the SBA Franchise Directory simplifies that check. Our article on the SBA Franchise Directory explains how lenders use it.
The listing. Hole in the Wall Drywall Repair appears on the directory under code S8116. A listing does not approve any borrower or guarantee a loan.
What the directory note means. The listing says that when the real estate where the franchise business is located will secure the SBA-guaranteed loan, the lease rider may not be executed. In plain English, the brand’s lease rider is meant for leased locations. If the business operates from property that is owned and pledged to secure the SBA loan, that rider is not used. For an owner running the business from a home office or a building they own, ask the lender early which documents apply.
Application tips. Have the franchise agreement, the disclosure document, a sources and uses statement, vehicle and equipment quotes, personal financial statements, tax returns and résumés ready.
How Lenders Evaluate a Hole in the Wall Drywall Repair Deal
Personal credit and financial history. With limited collateral, your credit and personal guarantee carry significant weight.
Net worth and liquidity. Lenders want to see your cash injection and reserves after closing to cover the ramp-up period.
Industry and management experience. Trade, construction, property management or service business experience helps. So does a clear plan for recruiting and keeping technicians.
Business plan and projections. Base projections on realistic jobs per week per technician, average ticket, materials, labor, vehicle costs, insurance and all franchise fees. Show your lead sources, such as homeowners, property managers, plumbers and real estate agents. Our SBA loan calculator can help with early payment estimates for planning only.
The disclosure document and franchise agreement. Lenders read the term, renewal, territory and transfer provisions. Our article on using the FDD for financing shows what to focus on.
Historical financials on resales. For an existing franchise, expect to provide the seller’s tax returns, job records and customer mix.
Crews, Vehicles and Capacity
In a trade franchise, capacity grows one technician and one vehicle at a time. Each new crew adds payroll, a vehicle payment, tools and insurance before it adds revenue. Lenders like to see that the owner has a hiring plan, a training plan and enough cash to carry a new technician until that crew is fully booked.
Multi-Unit Growth and Development Agreements
Expansion may mean added territories, more crews or both. Lenders look at the first territory’s performance, remaining liquidity and management depth before financing growth. Keep clean financials by territory from the start. Our article on multi-unit franchise financing explains how lenders evaluate it.
Real-World Scenarios
A contractor switching to a brand. A drywall finisher with years in the trade uses an SBA 7(a) loan for the franchise fee, a vehicle and working capital, and leans on the brand’s marketing to generate residential leads.
A career changer with a manager hire. A former corporate manager buys a territory, hires an experienced lead technician and finances the vehicle separately through an equipment loan.
A resale buyer. A buyer acquires an operating franchise with trained technicians. The lender reviews the seller’s job records, and the seller carries a small subordinate note.
An owner adding a crew. After a steady first year, an owner finances a second vehicle and tool set and draws on a line of credit while the new technician ramps up.
Common Mistakes to Avoid
- Requesting a loan before reading the current Items 5, 6 and 7
- Underestimating the working capital needed before jobs are paid
- Leaving minimum royalty or marketing fees out of projections
- Planning growth without a technician hiring plan
- Ignoring how the SBA directory note applies to your location
For more, read the loan mistakes service contractors make.
Next Steps to Finance Your Hole in the Wall Drywall Repair Franchise
Step 1: Request the disclosure document. Review Items 5, 6, 7, 10, 17 and 19 with a franchise attorney, and use our franchise due diligence checklist.
Step 2: Study your territory. Look at housing stock, rental properties, property managers and plumbers who could refer work.
Step 3: Build a budget. Include every Item 7 line, vehicle and equipment quotes and working capital.
Step 4: Write projections. Include all franchise fees, labor and a realistic ramp-up.
Step 5: Talk with a financing specialist. Compare SBA 7(a), conventional and equipment financing.
Step 6: Apply and coordinate approvals. Keep franchisor approval and loan approval on the same timeline.
Hole in the Wall Drywall Repair Franchise Loan FAQs
How much does a Hole in the Wall Drywall Repair franchise cost?
The franchisor’s investment range appears in Item 7 of the disclosure document. We could not verify a current figure on a franchisor page, so request the document directly.
What is the franchise fee and royalty?
Items 5 and 6 of the current disclosure document state the initial franchise fee, royalty and other ongoing fees.
How much liquid capital do I need?
The franchisor’s requirement was not published in the materials we reviewed. Lenders will expect a cash injection plus reserves to carry the business during ramp-up.
Can I use an SBA loan for this franchise?
The brand is listed on the SBA Franchise Directory under code S8116, which simplifies the eligibility review. Approval depends on the borrower, the project and the lender.
Can I finance the work vehicle separately?
Often, yes, through an equipment loan or lease, or within a broader SBA 7(a) loan. Separate payments count in your total debt.
Do I need drywall experience?
Trade experience helps, but lenders also value management and sales ability, especially with a strong technician hiring plan.
Can I buy an existing territory?
Yes, if one is for sale and the franchisor approves the transfer. Resales can be financed with SBA 7(a) or conventional loans.
Does the franchisor offer financing?
Item 10 of the disclosure document states whether any financing is offered.
How long is the franchise agreement?
The term and renewal rights appear in Item 17. Lenders generally want the franchise term to run at least as long as the loan.
Final Thoughts
A Hole in the Wall Drywall Repair franchise loan finances a focused, asset-light trade business. Get the current disclosure document, build a budget around vehicles, tools, crews and working capital, and match the loan structure to how the business actually earns and collects revenue.
US Professional Funding helps franchise owners finance startups, resales, vehicles, equipment and working capital. Learn more about our franchise financing programs and service contractor financing.
