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

According to Precision Door Service's 2025 Franchise Disclosure Document, there was one franchise transfer in Ohio during the fiscal year 2024. The table provided in Item 20 outlines the number of franchise transfers by state and year. This information is valuable for prospective franchisees as it provides insight into the stability and turnover within the Precision Door Service franchise system. A high number of transfers could indicate issues with franchisee profitability or satisfaction, while a low number suggests a more stable and successful franchise network.

Franchise transfers occur when an existing franchisee sells their franchise to a new owner. This can happen for various reasons, such as retirement, a change in personal circumstances, or a desire to pursue other business ventures. The transfer process typically involves the franchisor's approval of the new franchisee to ensure they meet the necessary qualifications and standards.

For potential Precision Door Service franchisees, understanding the frequency of franchise transfers in specific states like Ohio can help assess the local market dynamics and the potential for success. It's also important to investigate the reasons behind any transfers to gain a deeper understanding of the challenges and opportunities within the franchise system. This information, combined with other due diligence efforts, can contribute to making a well-informed investment decision.