How many company-owned Canopy Lawn Care outlets were operating at the start of 2022?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | |
| Franchised | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 37 | +37 | |
| 2022 | 4 | 4 | 0 | |
| Company-Owned(1) | 2023 | 4 | 4 | 0 |
| · · · · · · · · · · · · · · · · · · · | 2024 | 4 | 5 | +1 |
| 2022 | 4 | 4 | 0 | |
| Total Outlets | 2023 | 4 | 4 | 0 |
| 2024 | 4 | 42 | +38 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–55)
What This Means (2025 FDD)
According to Canopy Lawn Care's 2025 Franchise Disclosure Document, there were 4 company-owned outlets operating at the start of 2022. The provided table outlines the number of company-owned and franchised outlets from 2022 to 2024.
For prospective franchisees, this indicates that Canopy Lawn Care has maintained a consistent number of company-owned operations over the years, with a slight increase in 2024. This could suggest a stable corporate presence and experience in managing lawn care services.
It's important to note that while the number of company-owned outlets remained relatively stable, the number of franchised outlets saw significant growth in 2024. This may reflect a strategic shift towards franchising as a primary growth model for Canopy Lawn Care.