How many Precision Door Service franchise transfers occurred in Minnesota during 2024?

According to Precision Door Service's 2025 Franchise Disclosure Document, there was one franchise transfer in Minnesota during 2024. The table provided in Item 20 outlines the number of transfers by state and year. Reviewing this table allows potential franchisees to understand the recent transfer activity within the Precision Door Service system across different states.

Specifically, the table shows that in Minnesota, there were zero transfers in 2022 and 2023, and one transfer in 2024. This information is valuable for prospective franchisees as it can provide insights into the stability and desirability of existing Precision Door Service franchises in Minnesota. A higher number of transfers might indicate market challenges or franchisee turnover, while a low number could suggest stability.

It is important to note that transfer activity can be influenced by various factors, including the overall economic climate, local market conditions, and individual franchisee circumstances. While one transfer in Minnesota during 2024 may not be a cause for alarm, a prospective franchisee should still investigate the reasons behind the transfer to gain a more comprehensive understanding of the market dynamics and potential challenges in that area. Speaking with current and former franchisees in Minnesota, as listed in Exhibit E of the FDD, could provide additional context and valuable insights.