What is the range for the Development Fee that a Precision Door Service developer can expect to pay?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| METHOD | TO WHOM | |||
|---|---|---|---|---|
| TYPE OF | OF | PAYMENT | ||
| EXPENDITURE | AMOUNT | PAYMENT | WHEN DUE | MADE |
| Development Fee1/ | $15,000 - $37,500 | Lump Sum 1/ | Development Fee due on signing the Development Agreement Initial Franchise Fee due when each Franchise Agreement is signed | Us |
Source: Item 7 — Estimated Initial Investment (FDD pages 36–41)
What This Means (2025 FDD)
According to the 2025 Precision Door Service Franchise Disclosure Document, the estimated Development Fee ranges from $15,000 to $37,500. This fee is paid in a lump sum when the Development Agreement is signed with Precision Door Service.
The Development Fee varies based on the number of Precision Door Service businesses a PE Owner (Principal Executive Owner) commits to opening and the territory size of each business. The fee is calculated as 10% of the initial franchise fee for the total number of businesses to be opened under the Development Agreement. The minimum number of businesses a PE Owner may be required to open is two, and the maximum is five.
The low end of the Development Fee ($15,000) is for opening two Precision Door Service businesses, each with a territory of 150,000 Single Family Housing Units Detached (SFHUD). The high end ($37,500) is for opening five businesses, each with a territory of 300,000 SFHUD. The initial franchise fee for each franchise developed under a Development Agreement is the standard initial franchise fee ($0.50 per SFHUD), subject to any applicable discounts, and is due upon execution of each Franchise Agreement.