Speedy Patch Drywall Repair INFO
Why Home Services?
The $506 billion home services industry had been growing year over year, even before the COVID-19 pandemic forced people around the world to transform their homes into offices, classrooms, gyms and a host of other functions. Since then, homeowners have been reinvesting in home repairs and renovations. Now, a tumultuous housing market has provided yet another shot in the arm to the already booming industry. Historically high rates of homeownership coupled with fewer people purchasing new homes are causing a dramatic uptick in spending on home services.
Why Speedy Patch?
Speedy Patch has grown dramatically in the four short years since father-and-son team Christian and Evan Cagle founded the operation in Columbus, Ohio. Since then, the brand has expanded to locations throughout the Midwest and become the go-to name for drywall repair in its existing markets.
That rapid growth can be mainly attributed to the brand’s speed of service and low price points, both of which are critical differentiators deliberately built into the brand’s operating model. Where most drywall repair companies will complete a job over the course of multiple trips, Speedy Patch coordinates its service schedule to complete each job in back-to-back single-trip visits, reducing costs for both consumers and operators.
After four years of strong corporate growth, Speedy Patch has officially launched its franchise opportunity, and given the state of the booming home services segment, the timing couldn’t be better. The brand’s first franchise owners will have their pick of prime territories in key markets across the country, but those territories aren’t likely to last for long.