table_specific

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

Precision_Door_Service Franchise · 2025 FDD

Answer 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 2 franchise transfers in Virginia during 2024. The provided table outlines the number of franchise transfers that occurred in various states over the past three years. This information is useful for potential franchisees to understand the stability and turnover of franchises within specific regions.

Franchise transfers can occur for various reasons, such as a franchisee selling their business to a new owner, or the franchisor reacquiring the franchise. A higher number of transfers might indicate instability or market challenges, while a lower number could suggest a stable and well-performing franchise system. However, it is important to consider the context and reasons behind the transfers to accurately assess their impact.

For a prospective Precision Door Service franchisee, understanding the transfer history in their desired state can provide valuable insights. It's advisable to further investigate the reasons behind these transfers by speaking with current and former franchisees, as well as the franchisor, to gain a comprehensive understanding of the franchise's performance and potential challenges in Virginia.

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.