Precision Door Service stands as the nation’s leading provider of premium garage door repair and replacement. Garage doors are heavy and potentially dangerous pieces of equipment that require knowledgeable service professionals to get repairs or installation done right the first time. Before specialized companies like Precision Door, customers nationwide relied on handymen, contractors, or small mom-and-pop shops to fix their dented door panels, faulty motors or snapped torsion springs. Precision also sells five different types of garage doors for those looking for a new look, or have a need for a new garage door.
History
Original location started May 1997 in Arizona.
Started franchising in 1999.
Acquired by Neighborly on Dec 31, 2020.
Numbers
Corporate Owned Territories: 0
Franchise Units: 111
Franchise Fee: $60,000
Royalty: 6% - 2%, sliding scale down as
revenue increases
National Marketing Fee: 2%
Total Investment Range: $137,850 - $302,850
Term: 10 years
**Numbers according to their FDD released on April 1, 2023.
Benefits for the Franchisee
No Prior Experience Required - owners represent everybody from former mechanics and tradesmen to former investment bankers and PhDs. They provide an easy-to-follow model, limited moving parts, effective support, and training.
24/7 Dedicated Call Center - while most calls will be during business hours, corporate has a 24/7 call center to answer any calls that you may receive - both during the day and in the evenings. They will get the customer scheduled on your tech’s calendar for the next available appointment.
Specialized Industry - not every handy person knows how or wants to repair a garage door. Technology has made garage doors even harder for a lay-person to know how to fix so it takes a specialized employee to do the job.
Needed Service - if your garage door isn’t opening or working properly you can’t ignore that. Most people want to get their garage door services asap when a problem arises. Your demand for services will never go away.
High Income Potential - according to the item 19, the median gross sales of the 97 locations disclosed was 4.1 million dollars!
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