What was the reported amount of MAP funds for Precision Door Service in 2022?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
hased with an initial maturity of three months or less to be cash or cash equivalents.
Notes to Consolidated Financial Statements ($000's)
Cash consists primarily of cash on hand and cash on deposit. Restricted cash includes funds held for the MAP funds and securitized cash held for principa
Source: Item 21 — Financial Statements (FDD page 91)
What This Means (2025 FDD)
According to Precision Door Service's 2025 Franchise Disclosure Document, the amount of MAP (marketing, advertising, and promotional) funds reported for 2022 was $8,941,000. These funds are restricted cash, meaning they are specifically designated for marketing and promotional activities.
MAP funds are collected from Precision Door Service franchisees as a percentage of their sales. These funds are then used to promote the brand and support marketing initiatives. The franchisor acts as the principal in managing these funds, ensuring they are used for their intended purpose.
As a prospective franchisee, it's important to understand how these MAP funds are collected, managed, and utilized. This includes knowing the percentage of sales that contribute to the fund, the specific marketing activities the fund supports, and the level of transparency in reporting how the funds are spent. Understanding the MAP fund is crucial for assessing the value and support Precision Door Service provides in terms of marketing and brand promotion.