Rank no.458 – Precision Door Service – US

Products & Services: Garage door repairs & installation

Number of Locations: 69

Total Investment: $60.52K – 332.26K

Founded: 1997

Began Franchising: 1999

About Precision Door Service

Based in Titusville, Florida, Precision Door Service was founded in 1997 and began franchising in 1999. Franchisees repair both residential and commercial garage doors, and also sell and install new garage doors, offering same-day service, evening and weekend appointments, and 24-hour emergency services.

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing

Total Investment: $60,535 – $332,274
Franchise Fee: $10,000 – $100,000
Ongoing Royalty Fee: $500+/wk.
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $250,000
Liquid Cash Available: $60,000
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).

How This Franchise Supports Franchisees

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,
Franchise Ranking History

Franchise 500®: #458 (2013), #443 (2012), #465 (2011),
Why do homeowners choose Precision over 1000 times a day to repair their garage door?

Expertise, Trust & Convenience

Expertise

When you call on Precision Door, you can rest assured a talented professional will arrive at your home. Our technicians are trained, certified, and field tested by the best in the industry at one of our two, state-of-the-art training facilities prior to servicing your door. Plus, successfully repairing over 1000 garage doors each day teaches you a lot. There is no substitute for experience

Trust

We earn our customers’ trust in 3 important ways:

First, we always provide a written estimate that is signed before doing any work, fully explaining what we’ll do in plain English so you’ll understand it.

When we’ve completed the job, we walk you through and show you what’s been done so you can be confident that your door was fixed right.

We stand behind the job with the industry’s best warranty and our 24 hour call back policy.

Convenience

Prompt and Reliable
Same Day Service
Evening & Weekend Appointments Available At No Extra Charge
Fully stocked trucks so the job is completed in one visit
At Precision Door, we appreciate your business and are willing to work hard to keep it.

Beginning
Beginning as a family business in the late 1980’s, Precision Door Service organized as an informal partnership in 1997. With aspirations of building the best garage door company in America, our founders began a franchise program that is designed for national expansion.

Incorporation
Incorporated in Arizona in 1999, Precision Door Service began its expansion nationwide through franchising. In 2001, Precision Door Service moved its corporate headquarters from Arizona to Florida. The corporate headquarters of Precision Holdings of Brevard, Inc. is now located in Titusville, Florida.

Growth
We now have over 70 locations across the United States and continue to grow every year.

Awards
Ranked in Entrepreneur’s Magazine Franchise 500 since 2004

Franchise Business Review: 2013 FBR50 Franchisee Satisfaction Award

Mission and Vision
Our mission is to provide outstanding garage door repair service, complete customer satisfaction, and a program that rewards excellence from our franchisees, technicians and staff.

Our vision is to establish Precision Door Service as the public standard and national household name in garage door repair service.

Source: http://www.precisiondoor.net