What was the amount of revenue generated by fencing and rail for Canopy Lawn Care in 2024?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
ED STATEMENTS OF INCOME FOR THE YEARS ENDING SEPTEMBER 30, 2024, 2023, AND 2022
| 2024 | 2023 ("As Restated") | 2022 ("As Restated") | |
|---|---|---|---|
| Revenue | |||
| Fencing and rail revenues | $ 24,961,275 | $ 23,390,797 | $ 16,879,944 |
| Franchise royalties and fees | 31,551,158 | 21,471,627 | 13,380,514 |
| Product sales | 11,624,045 | 9,875,832 | 8,878,823 |
| Residential and commercial roofing | 5,849,769 | 4,131,506 | - |
| Window and door installation | 3,448,901 | 1,058,329 | - |
| Franchise fees | 12,430,539 | 10,807,586 | 5,641,473 |
| Ancillary | 7,854,946 | 5,721,908 | 2, |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 55)
What This Means (2025 FDD)
According to Canopy Lawn Care's 2025 Franchise Disclosure Document, the company had fencing and rail revenues of $24,961,275 in 2024. This figure represents the revenue generated specifically from fencing and rail services across all Canopy Lawn Care franchise locations and company-owned operations.
For a prospective franchisee, this indicates the potential market demand and revenue that can be generated from offering fencing and rail services under the Canopy Lawn Care brand. It's important to note that this is a system-wide figure and individual franchise performance may vary based on location, market conditions, and the franchisee's operational capabilities.
It is also important to note that Canopy Lawn Care acquired Superior Fence & Rail on December 15, 2021, adding a fencing service brand to its portfolio. This acquisition likely contributes significantly to the fencing and rail revenues reported in the financial statements. A prospective franchisee should inquire about the specific contribution of the Superior Fence & Rail brand to the overall fencing and rail revenues to better understand the performance and potential of this segment of the business.