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Entrepreneur: Start & Grow Your Business

Precision Door Service

Garage door repairs & installation

Background

Founded: 1997 Franchising since: 1999
2395 S. Washington Ave., #5
Titusville, Florida 32780
Phone:
(888)833-3494/ (321)225-3500

Franchisee Association
Precision Door Service Franchisee Association

Franchisor is a privately-held company with 20 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 71 1 0 0
2007 71 1 0 0
2006 68 1 0 0
2005 55 0 0 1

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Based on Yellow Pages directory distribution

Costs and Fees

Total investment: $55.6K-412.3K
Franchise fee: $10K-200K
Ongoing royalty fee: $250+/wk.
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $60K+
Business Experience:
  • General business experience

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)

Training and Support

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

Rankings

Franchise 500® rank:
#359 (2008); #311 (2007);

Top Home Based Franchises:
#101 (2008); #89 (2007);