How many Precision Door Service franchise transfers occurred in Kentucky during 2022?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |
|---|---|---|---|
| Kentucky | 2022 2023 2024 | 1 0 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 83–91)
What This Means (2025 FDD)
According to the 2025 FDD, Precision Door Service had one franchise transfer in Kentucky during 2022. This means that one existing franchisee sold their franchise to a new owner during that year.
For a prospective franchisee, a low number of transfers could indicate stability within the franchise system. However, it is important to investigate the reasons behind any franchise transfers, as they could be due to underperformance, disputes, or other issues. A high number of transfers could indicate problems within the franchise system.
It would be prudent for a potential Precision Door Service franchisee to speak with current and former franchisees in Kentucky to understand the reasons behind the transfer and the overall health of the franchise in that state. Understanding the context behind the transfer provides valuable insight into the franchise's operational environment.