FranchiseVerdict
Precision Garage Door Service logo
FV-02018·STRONGExcellent86

Precision Garage Door Service

Home Services - OtherFranchising since 1999Website
Investment
$164K – $360K
77th pct Other
Avg revenue
64th pct Other
Royalty
6.0%
19th pct Other
Units
147
83rd pct Other
SBA default

Bottom line

  • Total investment $164K – $360K including a $75K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 52/100.
  • System growing at 24.6% CAGR over 3 years with 147 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
PRECISION DOOR SERVICE SPV LLC
Parent company
Neighborly Assetco LLC
Incorporated in
Delaware
HQ
2395 Washington Avenue, Suite 5, Titusville, Florida 32780
Auditor
Ernst & Young LLP
Audited financials
Franchisor revenue
$461.7M
vs $480.8M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Precision Garage Door Service unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $164K–$360K
Working capital
$
FDD reports $35K–$69K

Unlevered ROIC · per unit

26%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$83K
EBITDA margin
11.0%
Total invested
$314K
Payback
46 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate residential and commercial garage door repair, installation, and maintenance services in protected territories. Day-to-day operations include scheduling service calls, managing technician teams, responding to emergency repairs, maintaining equipment inventory, and handling customer billing and marketing within their designated area.

CEO
Michael Anthony Davis
Founded
1997
FDD year
2026
States available
43

Item 7 · what it costs

The Vitals

Total investment
$164K – $360K
All-in to open one unit
Liquid capital
$35K – $69K
Cash you must have on hand
Franchise fee
$75K
Royalty
6.0%
Percentage of gross sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
147
Opened
15
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+11.4%
Net unit change last year
3-yr CAGR
+24.6%
Compounded over last 3 years
2024
147+15
Franchised units
2025
132
Franchised units
2026
118
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 10 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 10 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

52
Risk · 0-100
STRONG52 / 100

Precision Garage Door Service presents moderate-to-cautious risk due to lack of financial disclosure, litigation history, high fees relative to system size, and opaque franchisee profitability data.

Score breakdown · what drove the 52 / 100 rating

  1. 01MINORNo Item 19 financial performance disclosure (average revenue and net income withheld) — impossible to validate ROI claims
  2. 02HIGHLitigation involving non-compete enforcement and franchise advertising violations suggests aggressive franchisor practices and regulatory scrutiny
  3. 03MINORHigh franchise fee ($75,000) paired with wide investment range ($164K–$360K) indicates unclear capital requirements and potential hidden costs
  4. 04MINORModest unit growth (11.4% YoY) on small base (147 units) — insufficient scale to demonstrate system strength or franchisee success rates
  5. 05HIGHGoing concern designation is FALSE but absence of financial transparency raises questions about franchisor financial health and support capability

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
SFHUD-based
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
5
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
87 hrs
On-the-job training
40 hrs
POS system
ServiceTitan
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

78 numbers

Locked
(561) 621-••••
GA
(229) 515-••••
GA
(314) 558-••••
GA

One-time purchase · CSV download · Validation questions included

FDD download

Precision Garage Door Service · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above