Franchise Deep Dive: Precision Door Service Franchise Costs, Fees, Profit and Data

LAST UPDATED: January 2024

FRANCHISE WEBSITE: https://franchise.neighborly.com/precision-door/ 

NUMBER OF LOCATIONS: 100+

REPORTED COST TO GET IN: $137,850 to $302,850

REPORTED ROI (Item 19): not publicly available

Precision Door Service is a garage door repair and installation franchise concept situated in the home service industry and under the Neighborly brand umbrella. Franchisees do not have to have previous experience, and can look forward to support from a corporate team and a large network of home service franchisees. 

How Many Precision Door Service Locations Are There?

Precision Door Service has been providing garage door repair service to homeowners and businesses across the U.S. since 1997. The brand has over 100 locations nationwide.

What Is Precision Door Service’s Business Model?

Precision Door Service offers garage door repair and replacement services to both homeowners and businesses. 

The brand provides franchisees with innovative technology, marketing support and franchise business coaches. Franchisees of Precision Door Service, a Neighborly brand, can also enjoy the support of the entire Neighborly network, which includes home service franchise concepts such as home cleaning services, home storage services, window and glass services, lawn care, and HVAC brands. 

Franchisees needn’t have previous experience in the garage door industry, but the brand is seeking franchisees who wish to be involved and present in the everyday running of their own business. 

How Much Can Precision Door Service Franchise Owners Make?

The brand does not make this information publicly available. Prospective owners can access this information through the brand’s most recent Franchise Disclosure Document (FDD). 

How Much Does It Cost To Open Precision Door Service?

The total initial investment necessary to begin the operation of a Precision Door Service franchise ranges from $137,850 to $302,850. This includes a franchise fee ranging from $60K to $120K, which must be paid to the franchisor. 

Franchisees must also have at least $50K available in liquid capital and a minimum net worth of $250K.

What Is the Franchise Fee for Precision Door Service?

The franchise fee ranges from $60K to $120K, which must be paid to the franchisor. 

Who’s On Precision Door Service’s Leadership Team?

• Mike Brickner — President
• Jon Shell — Interim Chief Executive Officer at Neighborly
• Diane Nick — Senior Vice President of Brand Marketing at Neighborly
• Courtney Kolar — Chief People Officer at Neighborly

What Helpful Articles Can I Read to Learn More About Precision Door Service?

• Franchise Equity Partners Invests in Largest Franchisee Operator Within Neighborly
• Franchise Equity Partners Acquires 3-Unit Precision Garage Door Franchisee
• SBJ Capital Acquires Sydnic, a Leading Franchisee of Precision Garage Door Service, a Neighborly Company
• Local couple opens business specializing in garage door services

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