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Precision Door Service

2012 Franchise 500
#443
At a Glance

Products & Services: Garage door repairs & installation

Number of Locations: 70

Total Investment: $75.56K - 332.27K

Founded: 1997

Began Franchising: 1999

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 70 0 0 0
2010 70 0 0 2
2008 71 1 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $75,560 - $332,274
Franchise Fee: $25,000 - $100,000
Ongoing Royalty Fee: $250+/wk.
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $60,000
Operations
Franchise can be run from home. 27% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 6. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: As needed.
Ongoing Support: Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,

Franchise Ranking History

Franchise 500®: #443 (2012), #465 (2011), #359 (2008),
Top Homebased: #101 (2008),

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