How many Canopy Lawn Care outlets were transferred from franchisees to new owners in 2023?
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 fiscal year 2023. The document specifies that Canopy Lawn Care's fiscal year ends on September 30th, and the data provided is based on the fiscal years ending September 30, 2022, September 30, 2023, and September 30, 2024.
The table provided in Item 20 of the FDD outlines the transfers of outlets from franchisees to new owners for the fiscal years 2022, 2023, and 2024. The data shows that the 'Number of Transfers' was 0 for each of these years. This indicates that no existing Canopy Lawn Care franchise locations were sold or transferred to new franchisees during this period.
This information is relevant for potential franchisees as it provides insight into the stability and transfer activity within the Canopy Lawn Care franchise system. A lack of transfers could suggest franchisee satisfaction or limited resale opportunities. Prospective franchisees may want to inquire further about the reasons for the absence of transfers and understand the process for selling or transferring a franchise, should they wish to do so in the future.