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Precision Door Service

PRECISION DOOR SERVICE franchise businesses principally sell garage door repair services. Franchisees also sell and install new garage doors. Business operates 24/7 and provides a lifetime warranty on all parts and labor. Trucks carry parts and supplies to repair every garage door system in the market place.

Franchisor Background

Year Established:

1997

Franchising Since:

1999

IFA Member

Operating Units:
Franchised Units:	70	98.6%
Company-Owned Units:	1	1.4%
	______	_____
Total Operating Units:	71	100%

Geographic Distribution:
U.S.:	71	100%	In 32 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	71	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. California	9
2. Florida	7
3. South Carolina	4

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$150K
Cash Investment:	$150-250K
Total Investment:	$55.6-512.3K
Average Total Investment:	$284K

Fees:
Initial Franchise Fee:	$25-800K
Average Franchise Fee:	$25K
On-Going Royalty:	1-1.3K.Wk.
Average Royalty:	-1%
Advertising Fee:	0%

Average Number of Employees:

3-4 Full-time, 1 Part-time

Space Needs (in square footage):

1,200 - 2,000

Preferred Sites:

Other Sites:

Industrial Complex

Encourage Conversions?

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	20
Site Selection Assistance?	No
Lease Negotiation Assistance?	No
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. OH	2 Weeks

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	N/A
General Business Experience:	N/A
Specific Industry Experience:	N/A
Formal Education:	N/A
Psychological Profile:	N/A
Personal Interview(s):	N/A

Minority Representation

Units Owned by Minorities:
African-American:	1
Asian-American:	1
Hispanic:	N/A
Native American:	N/A
Other:	3 Women
Specific Minority:	Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:	10/5/5/5 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	No

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

IFA Member

Operating Units:

Geographic Distribution:

North America: