Precision Door Service

Item 8

We require that you use an appropriate chart of accounts, comply with our operating procedures and specifications, including internal audit standards, and use our required software (as part of the Software System) and that your accounting must also be compatible with our required Software System.

Item 11

We will have independent access to the Software System and certain information in your Computer System, including sales and related data, and there are no contractual limitations on our right to access this information and data.

Franchise agreement

In addition, within 15 days after the end of each month, you must submit to us the following information for the preceding month: (i) copies of your most recent balance sheet and statement of profit and loss, including a summary of your costs for labor, rent and other material cost items;

Item 8

We reserve the right to designate a primary or single source of supply for certain products and supplies, and we or our affiliates may be that single source.

Item 20

We sponsor a franchisee advisory council: PDS Franchise Association Advisory Council 2395 S. Washington Avenue, Suite 5 Titusville, Florida 32780

Item 8

We reserve the right to designate a primary or single source of supply for certain products and supplies, and we or our affiliates may be that single source.

Item 8

In the year ended December 31, 2025, we had revenue of $2,040,352, or about 5.79% of our total revenues of $35,236,403, as a result of purchases by Precision Garage Door Service® franchisees from approved suppliers or under our specifications or as a result of purchases, if any, directly from us.

Item 8

We or an affiliate (including ProTradeNet) may make available to you the opportunity to participate from time to time in certain discounts, rebates, or other benefits in connection with approved suppliers (collectively, “Rebates”), if you meet certain conditions, such as supplier terms and conditions and attendance…

Item 8

The cost of items purchased in accordance with our specifications represents approximately 40% of your total purchases in connection with the establishment of your Business and approximately 24% of your on-going purchases in connection with operation of your Business.

Item 8

You must pay upon demand our (or the third party’s) actual costs of the testing and any related costs/expenses (regardless of whether we grant an approval).

Item 8

You may purchase from other suppliers if you follow our supplier approval procedures, as described in the Manuals, and obtain our prior written approval.

Item 8

The telephone numbers and electronic identities you use in connection with the Business must be owned and controlled by us or an approved supplier.

Franchise agreement

Beginning with the second full calendar year of operating the Business, the Business must achieve (a) in each calendar year, annual Gross Sales that are in the top 90% of the annual Gross Sales per franchised business for the PRECISION GARAGE DOOR SERVICE® franchise system for that calendar year (the “Gross Sales…

Franchise agreement

We and our authorized representative have the right to visit and inspect your Business at all reasonable times during the business day for the purpose of making periodic evaluations and to ascertain your compliance with the provisions of this Agreement, and to inspect and evaluate your services, supplies or products…

Item 11

We may, from time to time, revise the contents of the Manuals and you must comply with each new or changed standard.

Item 11

You must operate from an industrial or commercial office space. We will approve your site so long as it meets our site selection guidelines.

Franchise agreement

You may not separately register any domain name containing any of the Marks or operate a website or social media account for your Business.

Franchise agreement

Prior to opening and during the first three months following the Business opening, you will be required to spend at least $15,000 on approved local marketing activities.

Item 6

After the time period covered by the Initial Marketing Spend Requirement, you must spend an amount annually on approved local marketing and advertising of your Business (the “Minimum Local Marketing Spending”)equal to the greater of: (a) $20,000; or (b) 8% of your Gross Sales for the previous year.

Franchise agreement

if designated, you must participate in the LMG and its programs in your designated local advertising market.

Franchise agreement

You must sign an electronic ACH Form, attached as Schedule B, to authorize and direct your bank or financial institution to allow us or our affiliate to initiate a transfer of funds electronically directly to our or our affiliate’s account and to charge to your account all amounts due to us or any affiliate.

Franchise agreement

D. Staffing. You must employ a sufficient number of competent and trained employees to ensure efficient service to Customers.

Item 11

You may not at any time substitute any other software for the software we require.

Item 11

We will have independent access to the Software System and certain information in your Computer System, including sales and related data, and there are no contractual limitations on our right to access this information and data.

Item 8

Software System You must license, and use in the operation of the Business, the Software System, which currently includes (1) business management software (currently ServiceTitan) and (2) our Technology Package (which currently includes Qvinci, Customer Engagement Platform, Neighborly Franchise Portal, ® PRECISION…

Item 11

If it becomes necessary to retrain a certain individual, we reserve the right to charge you a training fee.

Franchise agreement

You must attend, at your expense, any annual franchise convention we may hold or sponsor and any meetings relating to new services or products, new operational procedures or programs, training, business management, sales or sales promotion, or similar topics, including any system-wide teleconferences or…