PRECISION DOOR SERVICE
Precision Garage Door Service franchises provide garage door repair, service, installation, and other related services, along with sales of related products, adhering to specific standards and specifications. The business model offers start-up franchises or conversions of existing businesses to entrepreneurs serving primarily residential and commercial customers. As part of the Neighborly network, it focuses on home service markets needing reliable garage door solutions.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty (tiered to 5% over $3.5M sales and 4% over $7M) + 2% MAP/ad fund + $3,076-$3,276/mo technology fees (software system $76/mo + QuickBooks $30-$200/mo + approx. $3,000/mo website management).
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 99 franchised businesses in operation and reporting sales for the full 52 weeks of the Reporting Period (January 1, 2024 through December 31, 2024).
* Calculated weighted average gross revenue: (15 units × $1,719,389 + 24 units × $3,674,291 + 10 units × $4,354,850 + 16 units × $4,284,748 + 9 units × $7,430,066 + 10 units × $6,540,680 + 5 units × $6,069,540 + 10 units × $13,460,934) / 99 total units = $5,285,987
Extracted Item 19 Section
How PRECISION DOOR SERVICE Compares to Other Home Improvement Franchises
Key Insights
- Higher than average SBA loan default rate in Home Improvement
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
PRECISION DOOR SERVICE Current | $164K - $360K | $75K | 6.0% | 132 |
| BUDGET BLINDS | $101K - $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $189K - $234K | $50K | 6.5% | 395 |
| CERTA PROPAINTERS | $171K - $321K | $65K | N/A | 303 |
| FCI | $184K - $249K | $55K | 5.0% | 288 |
| That 1 Painter | $113K - $189K | $59K | 6.0% | 265 |
Home Improvement Average 63 franchises | $140K - $247K | $52K | 6.2% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 63 Home Improvement franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+26 more states
SBA Loan History
Historical SBA 7(a) loan data for PRECISION DOOR SERVICE franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Termination disputes, breach of contract, and noncompetition covenant violations with franchisees Charan Gohlwar and Tej, Inc.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a PRECISION DOOR SERVICE franchise?
The total initial investment to open a PRECISION DOOR SERVICE franchise ranges from $164,285 to $360,294. This includes a franchise fee of $75,000. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a PRECISION DOOR SERVICE franchise make?
According to the 2025 FDD, the average gross revenue for a PRECISION DOOR SERVICE franchise is $5,285,987.08.
How many PRECISION DOOR SERVICE franchise locations are there?
As of the 2025 FDD, PRECISION DOOR SERVICE has 132 franchise locations. The company has been franchising since 1999.
Can you get an SBA loan for a PRECISION DOOR SERVICE franchise?
Yes, SBA loans are available for PRECISION DOOR SERVICE franchises. Historical data shows 26 SBA 7(a) loans have been approved for PRECISION DOOR SERVICE franchisees, with an average loan amount of $422,754. The historical default rate is 0.0%.
Is PRECISION DOOR SERVICE a good franchise to buy?
PRECISION DOOR SERVICE shows several positive indicators: established brand with 132+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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