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.
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
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 |
| 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 | $139K – $246K | $51K | 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
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
184 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
184 Contacts Available
Unlock all PRECISION DOOR SERVICE franchisee contacts with verified contact information
Due 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
Frequently 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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