How many total Precision Door Service outlets were operating at the end of 2024?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Start of the Year | End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 108 | 111 | +3 | |
| Franchised | 2023 | 111 | 118 | +7 |
| Outlets | ||||
| 2024 | 118 | 132 | +14 | |
| Company | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| Owned | 2024 | 0 | 0 | 0 |
| 2022 | 108 | 111 | +3 | |
| Total Outlets | 2023 | 111 | 118 | +7 |
| 2024 | 118 | 132 | +14 |
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 a total of 132 outlets operating at the end of 2024. This number reflects the net change in the number of franchised outlets over the course of the year. At the start of 2024, there were 118 franchised outlets, and by the end of the year, this number increased by 14, resulting in the total of 132. There were no company-owned outlets during this period.
For a prospective franchisee, this indicates a growing franchise system. The increase of 14 outlets in a single year suggests that Precision Door Service is expanding and that franchisees are finding success with the business model. This growth can be a positive sign, but it's important to investigate further to understand the reasons behind the growth and the performance of these new outlets.
It is important to note that this number represents the total number of franchised outlets. A prospective franchisee should also consider the number of transfers, terminations, and non-renewals to get a complete picture of the health and stability of the Precision Door Service franchise system. This information can be found elsewhere in the FDD, particularly in Item 20, which provides details on outlet changes over the past three years.