factual

Who is the franchisor entity that accepts the Precision Door Service franchise agreement?

Precision_Door_Service Franchise · 2025 FDD

Answer from 2025 FDD Document

This Franchise Agreement (the "Agreement") is made as of the Effective Date by and between PRECISION DOOR SERVICE SPV LLC, a Delaware limited liability company with its principal business located at 2395 Washington Avenue, Suite 5, Titusville, Florida 32780 ("we", "us" or "Franchisor"), and the person or entity (the "Franchisee" or "you") identified as Franchisee on the Data Sheet attached as Schedule A (together with addenda attached thereto, the "Data Sheet"). If the Franchisee is a corporation, partnership, limited liability company or other legal entity, the provisions of this Agreement also apply to its owners.

Source: Item 22 — Contracts (FDD pages 91–92)

What This Means (2025 FDD)

According to the 2025 Precision Door Service Franchise Disclosure Document, the franchise agreement is made between the franchisee and PRECISION DOOR SERVICE SPV LLC. PRECISION DOOR SERVICE SPV LLC is identified as a Delaware limited liability company with its principal business located at 2395 Washington Avenue, Suite 5, Titusville, Florida 32780. This entity is also referred to as "we", "us" or "Franchisor" within the agreement.

This means that PRECISION DOOR SERVICE SPV LLC is the specific legal entity that grants the franchise to operate a Precision Garage Door Service business. It is responsible for upholding the franchisor's obligations outlined in the franchise agreement. The franchisee's counterparty is this LLC, not any parent company or individual.

It is typical in franchising for a specific legal entity to be designated as the franchisor. This structure helps to isolate the franchise system's liabilities and obligations from the parent company or other related businesses. Prospective franchisees should be aware of the exact legal name and structure of the franchisor entity, as this is the entity they will be contracting with and to whom legal notices should be directed.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.