How many Canopy Lawn Care franchises were reacquired by the franchisor in 2023?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
FRANCHISED OUTLETS STATUS SUMMARY FOR FISCAL YEARS 2022 TO 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – other reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Florida 2 Florida 2 Xansas 2 Kansas 2 Xentucky 2 Xentucky 2 Michigan 2 Michigan 2 Michigan 2 Oklahoma 2 Pennsylvania 2 Yennsylvania 2 Texas 2 Utah 2 Virginia 2 Total 2 Total 2 Total 2 Total 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 2 Zentucky 3 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Zentucky 4 Z |
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, no franchises were reacquired by the franchisor during the 2023 fiscal year. The information is based on the fiscal years ending September 30, 2022, September 30, 2023 and September 30, 2024.
This means that Canopy Lawn Care did not repurchase any of its franchised locations during that period. Franchise reacquisition can occur for various reasons, such as the franchisee's failure to meet performance standards, a mutual agreement to terminate the franchise agreement, or the franchisor's strategic decision to consolidate operations.
For a prospective franchisee, the absence of reacquired franchises in 2023 might suggest stability within the Canopy Lawn Care franchise system. However, it is essential to consider this data in conjunction with other factors, such as terminations, non-renewals, and transfers, to gain a comprehensive understanding of franchisee turnover and the overall health of the franchise network. Further due diligence, including speaking with current and former franchisees, is advisable to assess the reasons behind any franchise terminations or non-renewals.