What is the 'Development Schedule' for Precision Door Service, and where is it defined?

According to the 2025 Precision Door Service FDD, a 'Development Schedule' is mentioned within the context of a 'Development Agreement'. Specifically, Schedule C is referenced as the 'PRIVATE EQUITY ADDENDUM TO FRANCHISE AGREEMENT' and is provided separately as Exhibit M-1 to the Disclosure Document.

This suggests that if a franchisee is entering into a development agreement to open multiple Precision Door Service locations, there may be a schedule outlining the expected pace of development. This schedule could be influenced by whether the franchisee has private equity backing, as indicated by the reference to Schedule C and Exhibit M-1.

Prospective franchisees interested in multi-unit development should carefully review the Development Agreement and any associated schedules or exhibits, such as Exhibit M-1, to understand the specific obligations and timelines for opening new Precision Door Service locations. They should also inquire about the implications of private equity involvement on the development schedule.