About Precision Door Service Franchise
Precision Door Service is a franchise system specializing in garage door repair, service, installation, and related services.
Franchisees sell, service, repair, install, and maintain garage doors, operators, related equipment, components, and supplies.
They also perform upgrades, remodeling, and other related services within a designated territory.
Precision Door Service Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $33,000 - $330,000 | One-time payment upon signing |
| Royalty Fee | 2% to 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Sales (MAP Fee) | National brand fund |
| Total Investment Range | $104,480 – $652,980 | Includes build-out, inventory, working capital |
The investment range of $104K–$653K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (2% to 6% of Gross Sales) and marketing fee (2% of Gross Sales (MAP Fee)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $33,000 | $330,000 |
| Office Lease | $1,000 | $3,000 |
| Office Build-out | $0 | $4,000 |
| Telephone Number Charges | $0 | $500 |
| Yellow Pages Advertising | $1,000 | $7,500 |
| Software System Enrollment Fee | $1,250 | $1,250 |
| Music-On-Hold | $30 | $30 |
| Deposits & Other Prepaid Expenses | $200 | $500 |
| Tools | $400 | $1,600 |
| Training & Travel, Lodging and Food Expenses | $2,000 | $4,500 |
| Furniture & Fixtures | $1,000 | $4,000 |
| Office Equipment | $1,500 | $4,000 |
| Signage | $300 | $4,000 |
| Opening Parts & Electronics Inventory | $12,000 | $20,000 |
| Office Supplies | $300 | $800 |
| Truck(s) | $800 | $70,000 |
| Insurance | $1,500 | $42,000 |
| Uniforms | $200 | $300 |
| Professional Fees, Licenses & Trade Association Memberships | $500 | $5,000 |
| Website Development | $2,500 | $10,000 |
| Advertising & Promotional and Local Marketing Spending | $15,000 | $50,000 |
| Additional Funds for First 3 Months of Operation | $30,000 | $90,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Greater of $7,500 or 5% of the sales price |
| Renewal Fee | $5,000 |
| Technology Fee | $53 per month plus additional Microsoft Office365 licenses ($4-$20/month each) |
| Audit Fee | Cost of audit plus expenses, plus any amount owed as shown by the audit, plus interest and late fees |
| Local Marketing Groups | Not to exceed 3% of Gross Sales |
| Business Management Software Fees | $100-$200 per month (OPAL or ServiceTitan) |
| Late Fees (Software System) | $25 per month |
| Websites/Domain Names | Approximately $2,500 per website per month plus $5.99-$14.99 annually for domain |
| Call Center Services (Optional) | Set up $0-$249; recurring minimum $99/month |
| Annual Convention (Reunion) Fees | Currently $1,000 or less |
| Late Fees (Franchise Agreement) | $10 per day |
| Dishonored Check or ACH Draft | $25 |
| Interest | 12% on unpaid balances |
| Amendment Fee | $250 |
| Additional Training Fees | Up to $500 per day |
| Trade Association Memberships | Currently $350 per year |
| Key Accounts/Management Fee | Up to 5% of total Gross Sales related to Key Account work |
| Minimum Local Marketing Spending | Greater of $20,000 or 5% of prior year Gross Sales annually |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Phase I: 15 hours; Phase II: 72 hours classroom; Field Training: 8-40 hours on-the-job |
| Classroom Training | 87 hours (15 hours Phase I + 72 hours Phase II) |
| On-the-Job Training | 8 to 40 hours (Field Training) |
| Training Location | Phase I: Webinar/Video/Phone Conference; Phase II: Offices in Titusville, FL or virtual training; Field Training: Various franchised business locations or virtual |
| Additional Training | Annual Reunion attendance required. Refresher training courses may be required. Additional trainees: $1,000-$2,000 per person for Phase II, $1,000 per week for Field Training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | 100,000 to 1,000,000 single family homes with a detached unit (SFHUD) |
| Description | Limited territory protection based on number of single family homes with a detached unit (SFHUD). The franchisor will not operate or grant another Precision Door Service franchise with rights to market within the Territory during the term, provided franchisee is in full compliance. However, the franchisor and affiliates reserve rights to sell products/services using different trademarks, different channels of distribution, and may advertise and enter Key Accounts in the Territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years |
| Renewal Fee | $5,000 |
| Renewal Conditions | Not in default; satisfied all monetary and material obligations timely; in good standing; no more than 3 written notices of default during term; written notice required; sign general release; pay $5,000 renewal fee; complete then-current training; sign then-current franchise agreement (terms may differ materially) |
| Transfer Fee | Greater of $7,500 or 5% of the sales price |
| Transfer Conditions | Franchisor approval required; not in default; all amounts paid in full; all required reports provided; new franchisee qualifies; training arranged; sign release; transfer fee paid; current Franchise Agreement signed by new franchisee |
| Termination for Cause | Curable defaults: 10 days to cure payment/reporting failures; 30 days for other defaults. Non-curable defaults include: material misrepresentations, abandonment (7+ days), safety closures, unauthorized use of Marks/Confidential Information, insolvency, felony conviction, intentional underreporting of sales, unauthorized transfer, or second default of any type within 12 months |
| Non-Compete Period | 2 years |
| Non-Compete Details | For 2 years after termination/expiration, no Competitive Business in your Territory, within a 25-mile radius of the outer boundary of your Territory, or inside the territory of another Precision Door Service business |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | If an individual, you must directly perform or supervise the operation of the Business unless the franchisor consents otherwise. If a corporation or other entity, a designated owner who completed training must provide direct on-site supervision. If the franchisor agrees that a principal owner need not personally operate the Business, a trained manager must directly supervise. |
| Required Suppliers | Franchisees must use approved products, inventory, supplies, uniforms, tools, equipment, signs, and advertising materials from approved suppliers lists. The franchisor may designate a primary or single source of supply for certain products. Franchisees must license the required Software System (ServiceTitan or OPAL) and use the Technology Package. QuickBooks Online from Intuit is also required. |
| Supply Restrictions | Franchisees may purchase from other suppliers only with prior written approval after following the supplier approval process and providing 30 business days' notice. Samples may need to be delivered for testing. |
| Franchisor Revenue from Suppliers | In 2020, Predecessor's gross revenues from franchisee purchases were $889,225 for customer service center, $1,454,315.70 for business management software, and $75,980 for Live Chat, totaling $2,419,520.70 (17.19% of total revenues of $14,073,436.69). ProTradeNet retains 25% of supplier Rebates and pays 50% to franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | The franchisor may agree to finance a portion of the initial franchise fee (up to 70-80%) for qualified prospective franchisees. Interest rates range from 9% to 12% based on credit score. Repayment terms range from up to 5 years to 9 years depending on loan amount. A security interest in the franchise is required. The franchisor may also finance a portion of any renewal fee at a 12% interest rate. |
Precision Door Service Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
Precision Door Service Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Precision Door Service System Growth
Precision Door Service currently operates 102 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2018 | 4 | 0 | 92 |
| 2019 | 6 | 0 | 98 |
| 2020 | 6 | 0 | 102 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 18 states: CA, CT, FL, HI, IL, IN, KY, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Precision Door Service Franchise — FAQ
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