table_specific

How many Precision Door Service franchise transfers occurred in Utah during 2023?

Precision_Door_Service Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
Kentucky 2022 2023 2024 1 0 0
Minnesota 2022 2023 2024 0 0 1
New Jersey 2022 2023 2024 0 0 1
New York 2022 2023 2024 0 0 2
North Carolina 2022 2023 2024 0 3 2
Ohio 2022 2023 2024 0 2 1
Oklahoma 2022 2023 2024 1 1 0
Rhode Island 2022 2023 2024 1 0 0
South Carolina 2022 2023 2024 0 3 0
Texas 2022 2023 2024 1 0 2
Utah 2022 2023 2024 0 1 0
Virginia 2022 2023 2024 0 1 2
Washington 2022 2023 2024 0 2 0
TOTAL 2022 2023 2024 8 17 19

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 Utah during 2023. The table provided in Item 20 of the FDD outlines the number of franchise transfers by state and year. 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 issues with franchisee profitability or satisfaction, while a lower number suggests more stability.

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 career, or financial difficulties. The transfer process typically involves the franchisor's approval of the new franchisee, as well as training and other support to ensure a smooth transition.

For potential franchisees, it's important to investigate the reasons behind any franchise transfers in their target area. Speaking with current and former franchisees can provide valuable insights into the franchise system and the factors that may contribute to transfers. While one transfer in a state may not be a cause for alarm, it's a good idea to understand the context and ensure that the franchise opportunity aligns with their goals and expectations.

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.