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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.
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Franchise Costs
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).
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
Avg. Revenue: $5,285,987
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Unlock financial performance dataPRECISION DOOR SERVICE Franchise Analysis
In the booming home services sector, where everyday essentials like garage doors demand quick, reliable fixes, Precision Door Service stands out through its Neighborly network affiliation, offering a blueprint for entrepreneurs eyeing steady demand. Item 19 financial disclosures paint a picture of high-performing units, while a trail of SBA loans hints at accessible financing paths. Yet, with recent system transfers and litigation shadows, does this franchise deliver the seamless entry it promises?
Item 7 lays out the financial entry: franchise fee at $75,000, total initial investment spanning $164,285 to $360,294, covering vehicles, tools, inventory, and training. Ongoing fees include a 6% royalty—tiered down to 5% above $3.5M sales and 4% over $7M—plus 2% brand/ad fund and monthly tech costs of $3,076-$3,276 (software, QuickBooks, website). Item 19 shines brightly, reporting average gross revenues of $5,285,987 across franchised units, a figure that underscores the model's scalability in residential and commercial markets since franchising began in 1999.
Growth metrics signal health: from 118 locations in 2023 to 132 in 2024 (+12%), with 3 projected new units but 19 transfers indicating some churn. SBA data bolsters appeal—26 loans averaging $422,754—suggesting banks view it favorably. However, litigation notes in the FDD highlight termination disputes, breach of contract, and non-compete issues with franchisees like Charan Gohlwar and Tej, Inc., warranting scrutiny of operational support from headquarters in Titusville, FL. For buyers, these numbers suggest strong revenue upside if you navigate the fees and convert an existing business effectively, but validate unit-level profitability beyond averages.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How PRECISION DOOR SERVICE Compares
Key Insights
- Higher than average SBA loan default rate in Home Improvement
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
PRECISION DOOR SERVICE Current | $164K – $360K | $75K | 6.0% | 132 |
| BUDGET BLINDS | $101K – $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $195K – $242K | $50K | 6.5% | 333 |
| Five Star Bath Solutions | $162K – $334K | $60K | 6.0% | 306 |
| CERTA PROPAINTERS | $171K – $321K | $65K | N/A | 303 |
| FCI | $184K – $249K | $55K | 5.0% | 288 |
Home Improvement Average 64 franchises | $139K – $246K | $51K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 64 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
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for PRECISION DOOR SERVICE franchisees (2010 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
26 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
184 franchisee contacts on file from official FDD filings.
184 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Termination disputes, breach of contract, and noncompetition covenant violations with franchisees Charan Gohlwar and Tej, Inc.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
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.
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