When are Additional Training Fees due to Precision Door Service?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| up> | $20,000 | ||
|---|---|---|---|
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS |
| -------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| and for each Franchise Agreement transferred at the same time. | |||
| Training Fee as part of Buyer Commitment Agreement1 | $14,900 | Prior to attending training. | This fee is payable only in the event of a transfer where you and your transferee buyer request that the transferee buyer attend training prior to the closing on the sale of your Business and is in addition to all other tr |
Source: Item 6 — OTHER FEES (FDD pages 28–36)
What This Means (2025 FDD)
According to Precision Door Service's 2025 Franchise Disclosure Document, a training fee of $14,900 is due prior to attending training. This fee applies specifically in the event of a franchise transfer where both the franchisee and the buyer request that the buyer attend training before the sale is finalized.
This fee is in addition to all other transfer requirements, meaning a franchisee looking to sell their Precision Door Service business must consider this cost if the buyer needs training before the deal closes. This ensures the new owner is properly equipped to maintain the standards of Precision Door Service.
Franchise agreements often include transfer fees to cover the franchisor's costs of approving the transfer and training the new franchisee. The $14,900 fee covers the costs of training the new franchisee during a transfer, if requested.