Franchise opportunities compared

    Precision Garage Door Service vs The Flying Locksmiths

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Precision Garage Door Service

    $164,285 – $360,294

    2026 FDD · Item 7 · PDF p. 37

    The Flying Locksmiths

    $146,741 – $397,595

    2026 FDD · Item 7 · PDF p. 18

    Initial franchise fee · Item 5

    Precision Garage Door Service

    $75,000

    2026 FDD · Item 5 · PDF p. 24

    The Flying Locksmiths

    $75,000

    2026 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Precision Garage Door Service

    6% or minimum license fee

    2026 FDD · Item 6 · PDF p. 28

    The Flying Locksmiths

    8% · percent of Gross Revenue

    2026 FDD · Item 6 · PDF p. 13

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Precision Garage Door Service: 7, The Flying Locksmiths: 3). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Precision Garage Door Service

    $164,285 – $360,294
    Totals
    2026 FDD · Item 7 · PDF p. 37

    The Flying Locksmiths

    $146,741 – $397,595
    TOTAL
    2026 FDD · Item 7 · PDF p. 18
    Standard initial franchise fee (Item 5)

    Precision Garage Door Service

    $75,000
    The fee is $0.50 per SFHUD; a typical territory makes it $75,000 to $150,000.
    2026 FDD · Item 5 · PDF p. 24

    The Flying Locksmiths

    $75,000
    2026 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Precision Garage Door Service

    6% or minimum license fee
    License Fee
    2026 FDD · Item 6 · PDF p. 28

    The Flying Locksmiths

    8% · percent of Gross Revenue
    Royalty
    2026 FDD · Item 6 · PDF p. 13
    Brand / advertising fund (Item 6)

    Precision Garage Door Service

    Not available
    No reviewed brand or advertising fund fee

    The Flying Locksmiths

    1% of gross revenue
    National Advertising and Marketing
    2026 FDD · Item 6 · PDF p. 15

    System scale & health

    Total outlets (Item 20)

    Precision Garage Door Service

    147
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 83

    The Flying Locksmiths

    95
    Outlets at end of 2024
    2026 FDD · Item 20 · PDF p. 50
    Net outlet change (Item 20)

    Precision Garage Door Service

    +29
    Calculated: 118 at end of 2023 → 147 at end of 2025

    The Flying Locksmiths

    +1
    Calculated: 94 at end of 2022 → 95 at end of 2024
    Outlet exits (Item 20)

    Precision Garage Door Service

    Not available
    No complete exit records for a year

    The Flying Locksmiths

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Precision Garage Door Service

    1999
    2026 FDD · Item 1 · PDF p. 10

    The Flying Locksmiths

    March 2015
    2026 FDD · Item 1 · PDF p. 9
    Franchisor founded (Item 1)

    Precision Garage Door Service

    Not available
    Not in reviewed records

    The Flying Locksmiths

    January 1, 2015
    2026 FDD · Item 1 · PDF p. 8

    Financial performance (Item 19), by location group

    Precision Garage Door Service
    Franchised (19 locations) — revenue
    $1,382,488
    mean Annual Gross Sales
    2026 FDD · Item 19 · PDF p. 81
    Franchised (27 locations) — revenue
    $3,783,827
    mean Annual Gross Sales
    2026 FDD · Item 19 · PDF p. 81
    Franchised (10 locations) — revenue
    $11,791,975
    mean Annual Gross Sales
    2026 FDD · Item 19 · PDF p. 81
    +4 more groups in the full report
    TFThe Flying Locksmiths
    Franchised (69 locations) — revenue
    $1,033,559
    other Gross Revenue
    2026 FDD · Item 19 · PDF p. 47
    Franchised (10 locations) — revenue
    $1,597,412
    other Gross Revenue
    2026 FDD · Item 19 · PDF p. 47
    Company-owned (1 locations) — revenue and costs and profit
    $2,419,567
    other Revenues, net of discounts
    2026 FDD · Item 19 · PDF p. 49

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Precision Garage Door Service vs The Flying Locksmiths: common questions

    Which costs less to open, Precision Garage Door Service or The Flying Locksmiths?
    Precision Garage Door Service: $164,285 – $360,294 (2026 FDD · Item 7 · PDF p. 37); The Flying Locksmiths: $146,741 – $397,595 (2026 FDD · Item 7 · PDF p. 18). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for The Flying Locksmiths. Estimates are not quotes, and the FDD years may differ.
    How do Precision Garage Door Service and The Flying Locksmiths royalties compare?
    Precision Garage Door Service: 6% or minimum license fee (2026 FDD · Item 6 · PDF p. 28); The Flying Locksmiths: 8% · percent of Gross Revenue (2026 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Precision Garage Door Service or The Flying Locksmiths?
    Precision Garage Door Service: 147 (2026 FDD · Item 20 · PDF p. 83); The Flying Locksmiths: 95 (2026 FDD · Item 20 · PDF p. 50). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Precision Garage Door Service and The Flying Locksmiths disclose financial performance (Item 19)?
    Precision Garage Door Service has reviewed Item 19 figures for 7 location groups; The Flying Locksmiths has reviewed Item 19 figures for 3 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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