How many Precision Door Service franchise transfers occurred in Utah during 2024?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 1 | |
| Kentucky | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Minnesota | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 0 | |
| New Jersey | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 0 | |
| New York | 2023 | 0 |
| 2024 | 2 | |
| 2022 | 0 | |
| North Carolina | 2023 | 3 |
| 2024 | 2 | |
| 2022 | 0 | |
| Ohio | 2023 | 2 |
| 2024 | 1 | |
| 2022 | 1 | |
| Oklahoma | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 1 | |
| Rhode Island | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| South Carolina | 2023 | 3 |
| 2024 | 0 | |
| 2022 | 1 | |
| Texas | 2023 | 0 |
| 2024 | 2 | |
| 2022 | 0 | |
| Utah | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 0 | |
| Virginia | 2023 | 1 |
| 2024 | 2 | |
| 2022 | 0 | |
| Washington | 2023 | 2 |
| 2024 | 0 | |
| 2022 | 8 | |
| TOTAL | 2023 | 17 |
| 2024 | 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 were no franchise transfers in Utah during 2024. The provided table in Item 20 outlines the number of franchise transfers by state and year.
Specifically, the table lists Utah as having zero transfers in 2024. This information is valuable for potential franchisees as it provides insight into the stability and turnover of Precision Door Service franchises in specific geographic areas. A high number of transfers could indicate issues with franchise profitability or franchisee satisfaction, while a low number, as seen in Utah, may suggest a more stable market.
Prospective franchisees should consider these transfer rates in conjunction with other factors, such as terminations and non-renewals, to gain a comprehensive understanding of franchise performance and stability within the Precision Door Service system. Further investigation into the reasons behind any transfers, terminations, or non-renewals can provide additional valuable context for making an informed investment decision.