How many Canopy Lawn Care outlets were transferred from franchisees to new owners in 2022?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Total | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 |
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 transfers of outlets from franchisees to new owners during the 2022 fiscal year. The provided table specifically tracks these transfers over the fiscal years 2022, 2023, and 2024.
This information is relevant for prospective franchisees as it provides insight into the stability and transferability of Canopy Lawn Care franchises. A lack of transfers could indicate franchisee satisfaction or, conversely, difficulty in selling franchises.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Canopy Lawn Care itself. Further research and conversations with current and former franchisees would be beneficial to understand the reasons behind these numbers.