What was the cash balance at the end of the year for Canopy Lawn Care in 2022?

According to Canopy Lawn Care's 2025 Franchise Disclosure Document, the cash balance at the end of the year 2022 was $1,492,295. This figure represents the total amount of cash that Outdoor Living Brands Holdco, LLC, which owns Canopy Lawn Care, had on hand as of September 30, 2022.

For a prospective Canopy Lawn Care franchisee, this information provides a glimpse into the financial health and liquidity of the parent company. A strong cash balance suggests that the franchisor has sufficient resources to support its franchisees and invest in the growth of the brand. It's important to note that this cash balance reflects the consolidated financials of Outdoor Living Brands Holdco, LLC, and not solely Canopy Lawn Care's individual performance.

Therefore, while this number is useful, potential franchisees should also inquire about Canopy Lawn Care's specific financial performance and how the franchisor allocates resources among its various brands. Understanding the overall financial picture of the parent company and the specific brand can help franchisees assess the stability and growth potential of the franchise system.