table_specific

How many Precision Door Service franchise transfers occurred in Texas during 2022?

Precision_Door_Service Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
Texas 2022 2023 2024 1 0 2

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 Texas during 2022. The provided table in Item 20 outlines the number of franchise transfers that occurred in various states over the past three years. This information is useful for prospective franchisees to understand the stability and turnover of franchises within the Precision Door Service system. A higher number of transfers could indicate potential issues with franchise profitability or franchisee satisfaction, while a lower number may suggest a more stable and successful franchise network.

Franchise transfers typically involve the sale of an existing franchise unit from one franchisee to another, subject to the franchisor's approval. The reasons for transfers can vary, including retirement, personal circumstances, or a desire to pursue other business ventures. For a potential franchisee, understanding the frequency and reasons behind franchise transfers can provide valuable insights into the health and attractiveness of the franchise system.

It's important to note that the transfer numbers represent only one aspect of franchise performance and stability. A prospective Precision Door Service franchisee should also consider other factors, such as the number of terminations, non-renewals, and reacquired franchises, as well as the overall growth and financial health of the franchise system. This information, combined with direct conversations with existing and former franchisees, can provide a more comprehensive understanding of the franchise opportunity.

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.