How many franchised Canopy Lawn Care outlets were operating at the end of 2024?
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 37 franchised outlets operating at the end of 2024. The FDD provides a table that outlines the number of franchised outlets at the start and end of each year from 2022 to 2024, as well as the net change in outlets. Canopy Lawn Care had no franchised locations in 2022 and 2023. In 2024, the number of franchised outlets increased from 0 to 37.
This information is crucial for potential franchisees as it provides insight into the growth and expansion of Canopy Lawn Care's franchise system. The significant increase in franchised outlets in 2024 suggests a recent and rapid expansion of the franchise network. A prospective franchisee should further investigate the reasons behind this growth, the support provided to new franchisees, and the performance of these new outlets to assess the stability and potential of the franchise opportunity.
It is also important to note that Canopy Lawn Care also operated company-owned outlets during this period. In 2024, the number of company-owned outlets increased by one. Understanding the balance between franchised and company-owned outlets can provide additional insights into Canopy Lawn Care's business strategy and its commitment to the franchise model.