What is included in the professional fees for a Canopy Lawn Care franchise?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
- (12) Professional fees include monthly bookkeeping fees and annual tax preparation services.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 47–52)
What This Means (2025 FDD)
According to Canopy Lawn Care's 2025 Franchise Disclosure Document, professional fees include monthly bookkeeping fees and annual tax preparation services. This means that as a franchisee, you should anticipate these costs as part of your ongoing operating expenses.
The FDD also lists other expenses that franchisees can expect. These include costs of materials (lawn care products), labor (wages and payroll taxes for lawn care technicians), vehicle expenses (repairs, maintenance, and lease payments), equipment expenses (rental, replacement, repairs, and maintenance), insurance, mobile phone and internet, merchant services, software licenses, uniforms and operating supplies, royalties (8% of Gross Revenues), and a technology fee (2% of gross revenues).
It is important to note that certain expenses are excluded from the financial performance representation, such as facility rent and utilities, the cost of a full-time manager, and employee benefits. A prospective Canopy Lawn Care franchisee should consider these additional costs when evaluating the potential profitability of the franchise.