How many Precision Door Service franchise transfers occurred in Idaho during 2023?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| California | 2023 | 1 |
| 2024 | 6 | |
| 2022 | 0 | |
| Florida | 2023 | 1 |
| 2024 | 2 | |
| 2022 | 4 | |
| Georgia | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 0 | |
| Idaho | 2023 | 1 |
| 2024 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 83–91)
What This Means (2025 FDD)
According to Precision Door Service's 2025 Franchise Disclosure Document, there was one franchise transfer in Idaho during 2023. This information is based on the table provided in Item 20, which details the number of franchise transfers by state and year. Franchise transfers occur when an existing franchisee sells their franchise to a new owner, which can happen for various reasons such as retirement, relocation, or a change in business interests.
For a potential Precision Door Service franchisee, the number of transfers can be an indicator of franchise health and stability. A low number of transfers might suggest that franchisees are generally satisfied with their businesses. However, it is important to investigate the reasons behind any transfers to understand if they are due to positive factors like franchisees selling successful businesses for a profit or negative factors like struggling businesses being sold to avoid failure.
It's also worth noting that the transfer process typically involves Precision Door Service's approval of the new franchisee, ensuring they meet the brand's standards and qualifications. This process helps maintain consistency and quality across the franchise system. Prospective franchisees should inquire about the typical reasons for franchise transfers within the Precision Door Service system and the process involved in transferring a franchise, either as a buyer or a seller.