How many Canopy Lawn Care franchised outlets opened in 2023?
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 no franchised outlets opened in 2023. The provided table shows that at the start of 2023, there were zero franchised outlets, and by the end of 2023, the number remained at zero, resulting in a net change of zero.
This indicates that Canopy Lawn Care did not expand its franchise network with any new locations during that fiscal year. Potential franchisees should consider this information when evaluating the growth trajectory of the franchise system.
It's important to note that while no new franchised outlets opened, the company-owned outlet count remained stable at four during 2023. This suggests that Canopy Lawn Care may have focused on its existing operations or other growth strategies besides franchising in that particular year. A prospective franchisee might want to inquire about the reasons behind the lack of franchise expansion in 2023 and the company's plans for future franchise growth.