Precision Garage Door Service Franchise Cost, Revenue & Review 2026
- Investment
- $164K – $360K
- Disclosed sales
- $5.7M
- gross sales, not profit
- SBA charge-off
- Not SBA-matched
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Precision Garage Door Service is a home-services franchise providing garage-door repair, installation, and maintenance. Franchisees run a dispatch-and-technician operation handling service calls and emergency repairs in a territory.
FranchiseVerdict summary · 2026
A Precision Garage Door Service franchise requires a total initial investment of $164K – $360K, including a $75K – $150K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $5.7M[2]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored6 of 7 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $164K – $360K
- 67th pct Home Services
- Avg gross sales
- $5.7M
- Outlet subset22nd pct Home Services
- Royalty
- 6.0%
- 21st pct Home Services
- Units
- 147
- 68th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $164K – $360K including a $75K franchise fee, 6.0% ongoing royalty.
- RETURNSAverage unit revenue of $5.7M/year (reported for a subset of outlets rather than the whole system).
- RISKVerdict A (Strongest tier), verdict score 71/100 (higher is better).
- GROWTHPositive: net +15 franchised outlets in the latest year (15 opened, 0 closed); 5 signed but not yet open (Item 20).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Precision Door Service SPV LLC
- Parent company
- Neighborly (Dwyer Franchising LLC d/b/a Neighborly)
- FDD Item 1, page 10 of the 2026 FDD
- Ultimate parent
- Neighborly Assetco LLC
- FDD Item 1, page 11 of the 2026 FDD
- Predecessor
- Precision Holdings of Brevard, Inc.
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Michael Anthony Davis
- Incorporated in
- Delaware
- HQ
- 2395 Washington Avenue, Suite 5, Titusville, Florida 32780
- Auditor
- Ernst & Young LLP
- Audited financials
- Franchisor revenue
- $480.8M
- vs $461.7M prior year
Independent franchisee associations
- Independent Franchisee Association
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- is Precision Holdings of Brevard
Other brands the franchisor or its parent operates (Item 1).
Same owner · FDD Item 1, page 11
18 other brands on this site name Neighborly Assetco LLC as parent or ultimate parent in their own FDD.
- AIRE SERVC
- Dryer Vent WizardB
- Five Star PaintingC
- Glass DoctorC
- HouseMasterD
- Lawn PrideB
- Molly MaidC
- Mosquito JoeB
- Mr. ApplianceD
- Mr. ElectricB
- Mr. HandymanC
- Mr. RooterA
- Rainbow InternationalD
- Rainbow RestorationA
- Real Property ManagementB
- ShelfGenieB
- THE GROUNDS GUYSD
- Window GenieD
Portfolio: Neighborly
Grouped by the owner's name as each filing prints it (this page: the 2026 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.
Overview
About
- CEO
- Michael Anthony Davis
- Headquarters
- FL
- Founded
- 1997
- FDD year
- 2026
- States available
- 43
Can you afford it, and what does the money buy?
Entry cost runs 56% above the typical home services franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $75K | $150K | |
| Office lease | $2K | $6K | |
| Office build-outnot refundable | $0 | $5K | |
| Telephone number chargesnot refundable | $0 | $575 | |
| Software System Enrollment Feenot refundable | $1K | $1K | |
| Deposits & other prepaid expenses | $230 | $575 | |
| Toolsnot refundable | $460 | $2K | |
| Training & travel, lodging and food expensesnot refundable | $2K | $5K | |
| Furniture & fixturesnot refundable | $1K | $5K | |
| Office equipmentnot refundable | $2K | $5K | |
| Signagenot refundable | $345 | $5K | |
| Opening parts & electronics inventorynot refundable | $17K | $29K | |
| Office suppliesnot refundable | $345 | $920 | |
| Vehicle(s)not refundable | $1K | $3K | |
| Insurancenot refundable | $6K | $23K | |
| Uniformsnot refundable | $230 | $345 | |
| Professional Fees, Licenses & trade association membershipsnot refundable | $575 | $6K | |
| Website Developmentnot refundable | $3K | $12K | |
| Advertising & Promotional and Local Marketing Spendingnot refundable | $17K | $35K | |
| Additional Funds for First 3 Months of Operationnot refundable | $35K | $69K | |
| Total initial investment | $164K | $360K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $164K – $360K
- Middle of category vs category
- Liquid capital req'd
- $35K – $69K
- Bottom third — review vs category
- Franchise fee
- $75K – $150K
- Bottom third — review vs category
- Royalty
- 6.0%
- Set by a formula · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $124 |
| Training fee | $15K |
| Transfer fee | $20K |
| Renewal fee | $5K |
| Inventory (initial) | $15K – $26K |
| Total fee load | 8.0% of rev |
What do units actually make?
Average unit sales run 878% above the home services norm.
Reported for a subset of outlets rather than the whole system
Source: FDD 2026 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for Precision Garage Door Service until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$314K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one Precision Garage Door Service unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
Reported for a subset of outlets rather than the whole system
- Avg gross sales
- $5.7M
- Per unit, per year
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 116 outlets
- vs category median 32 · large
- Range (low → high)
- $210K→$43.4MCited, not corroborated — printed on page 81 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
Compared against 319 Home Services brands
Revenue is 21.9x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $5.7M/year in gross sales. Revenue-to-investment ratio: 21.9x. Reported for a subset of outlets rather than the whole system.
Fee burden
Total ongoing fee load of 8.0% (near the Home Services median).
Disclosure
Transparency score 0/10 — minimal disclosure beyond the required average. Hard to judge the distribution of outcomes across units.
Operator retention
System expanding at 24.6% CAGR over 3 years across 147 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services medians
How Precision Garage Door Service Compares
Category median of published Home Services brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 147
- Opened
- 15
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- N/A
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +24.6%
- Net unit change over 3 years
- 3-yr CAGR
- +24.6%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 14
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 5
- 0.03 per open outlet · Item 20 Table 5
- Projected new
- 6
- Franchisor's next-year forecast
- Transfer rate
- 10.6%
- Owners selling to other franchisees
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 41 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
120 current owners across 41 states.
- CA 10
- FL 10
- TX 8
- NY 6
- NC 5
- OH 5
- TN 5
- AL 4
- KY 4
- OR 4
- SC 4
- VA 4
- +29 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Financials are parent-level (KKR portfolio) showing $2.95B net worth and $154M net income; the Item 4 bankruptcies are unrelated KKR affiliates, not the franchisor. Two concluded franchisee matters settled confidentially plus one consent order. Strong +24.6% growth, Item 19 disclosed, audited.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
Two concluded franchisee litigation/arbitration matters involving Predecessor (Precision Holdings of Brevard) and franchisees Charan Gohlwar and Tej, Inc. over uniform standards violations and post-term noncompete breaches, both resolved via confidential settlement. Separate administrative consent order against affiliate Window Genie predecessor (FOR Franchising) for a California franchise-advertising filing violation, not involving the Franchisor. Various KKR portfolio-company bankruptcies disclosed in Item 4, none involving the Franchisor.
Bankruptcy (Item 4)
Subject: the company or an affiliate. Disclosed (Item 4 covers the last 10 years)
Marelli Holdings Co. Ltd. On June 11, 2025, Marelli Holdings Co. Ltd, a global technology partner to the automotive industry, filed for Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. ... In re. The Collected Group LLC. The Collected Group LLC, a Delaware limited liability company (a fashion brand owner), located at 4775 Eucalyptus Avenue, Chino, California, filed a prepackaged Chapter 11 Plan of Reorganization in the United States Bankruptcy Court for the District of ... In re. Envision Healthcare Corporation. Envision Healthcare Corporation, a healthcare provider headquartered at 20 Burton Hills Blvd, Suite 500, Nashville, Tennessee, filed a Chapter 11 reorganization in the United States Bankruptcy Court for the Southern District of Texas on May 15, 2023 (Case No.: 23- 90341). ... In re. Genesis Care Pty Limited. Genesis Care Pty Limited, a healthcare provider, headquartered at Building 1 The Mill, 41-43 Bourke Road, Sydney, New South Wales, Australia, filed Chapter 11 reorganization in the United States Bankruptcy Court for the Southern District of Texas on June 1, 2023 (Case No.: 23-90614). ... IPI Legacy Liquidation Co. (f/k/a Impel ...
Audited financials (Item 21)
Yes · Ernst & Young LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Financial statements presented are for Neighborly Assetco LLC (direct parent, which guarantees the franchisor's performance), audited on a combined basis; not franchisor-only financials Item 8 states the franchisor's own total revenue as $35,236,403 (FY ending 2025-12-31); the statements above are the parent's.
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: No
- Restricted to system-approved products: No
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 71 / 100 verdict
- 01MINOR2 concluded franchisee matters (settled) + 1 consent order
- 02MINORItem 4 bankruptcies are unrelated parent affiliates
- 03MINORParent-level financials; strong ops (+24.6% growth)
- 04MEDAudited, Item 19 disclosed
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory sizeℹ | 150,000 to 300,000 single-family homes with a detached unit (SFHUD) |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 2 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | McLennan County, Texas |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 5 |
View Item 3 litigation summary
Two concluded franchisee litigation/arbitration matters involving Predecessor (Precision Holdings of Brevard) and franchisees Charan Gohlwar and Tej, Inc. over uniform standards violations and post-term noncompete breaches, both resolved via confidential settlement. Separate administrative consent order against affiliate Window Genie predecessor (FOR Franchising) for a California franchise-advertising filing violation, not involving the Franchisor. Various KKR portfolio-company bankruptcies disclosed in Item 4, none involving the Franchisor.
Items 10, 11
Training & Operations
- Classroom training
- 87 hrs
- On-the-job training
- 40 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Site selection
- franchisor
- Franchisor financing
- Offered
- Item 10
- POS system
- ServiceTitan
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: ServiceTitan
Item 20 · call current owners
Franchisee Contacts
120 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Precision Garage Door Service franchise?
The total investment to open a Precision Garage Door Service franchise ranges from $164K – $360K, with an initial franchise fee of $75K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Precision Garage Door Service franchise owners earn?
According to Item 19 of the Precision Garage Door Service FDD, the average gross sales per unit is $5.7M. Important context: Reported for a subset of outlets rather than the whole system. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns Precision Garage Door Service?
Precision Garage Door Service is franchised by Precision Door Service SPV LLC. Its parent company is Neighborly (Dwyer Franchising LLC d/b/a Neighborly). The ultimate parent named in the FDD is Neighborly Assetco LLC. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Precision Garage Door Service FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Precision Garage Door Service FDD and qualifies whose outlets they describe.
What is Precision Garage Door Service's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Precision Garage Door Service (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Precision Garage Door Service franchise locations are there?
As of their most recent FDD filing, Precision Garage Door Service has 147 total units in the United States, including 147 franchised units and 0 company-owned units. 15 new units were opened in the latest reporting year.
Is Precision Garage Door Service a good franchise to buy?
FranchiseVerdict rates Precision Garage Door Service as a A-grade franchise with a verdict score of 71 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.