Franchise Database (Updated ) | FranChimp

Precision Door Service

Precision Holdings of Brevard, Inc.

Company Information

2395 Washington Avenue, Suite 5Titusville, Florida 32780

[email protected]

Precision Holdings of Brevard, Inc., d/b/a Precision Door Service is a Florida corporation formed on August 16, 2004. Their predecessor company was Precision Door Service, Inc., which was founded as a garage door repair service business in May 1997 as an informal partnership operating under the trade name Garage Door Services. They incorporated in Arizona as Precision Door Service, Inc. on May 21, 1999. On June 13, 2003, PDS changed its domicile from Arizona to Florida.They do business under their corporate name and the name Precision Door Service. Their principal place of business is 2395 S. Washington Avenue, Suite 5, Titusville, Florida 32780.

We franchise businesses under the name “Precision Door Service” and have done so since February 2005. We are not involved in any other business activities and have not offered franchises in any other line of business. We only operate garage door repair service businesses on a temporary basis where we have placed advertising and there is no franchisee to operate the business at the time the advertising is placed. In addition, because advertising placement may last a year, we may operate the business as a result of an abandonment by a franchisee or a termination until a new franchisee is identified and a Franchise Agreement is signed. Through the merger, we assumed the franchise agreements held by existing franchisees. PDS offered franchises from September 1999 through February 2005. PDS also offered area development agreements between June 1999 and December 1999. All area developers have converted to franchises or have left the Precision Door system. PDS did not offer franchises or operate businesses in any other line of business.

6 Ongoing Lawsuits

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

4/10

Earning Transparency

7/10

Investment Accessibility

1/10

Summary of potential earnings

Average Revenue Per Unit

$3,925,854 / unit

Average Revenue During 2021
Franchise Type:

Maintenance Services

$63,233

Industry Low

$3,925,854

Industry High

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of Precision Door Service Franchisee

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $34,250 Maximum: $331,250

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $111,350 Maximum: $590,350

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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