Does the table provide information on the transfer of Canopy Lawn Care franchises?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No.2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR FISCAL YEARS 2022 TO 2024
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–55)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Canopy Lawn Care provides information on the transfers of outlets from franchisees to new owners in Table No.2. The table specifically covers transfers to new owners other than the franchisor for the fiscal years 2022 to 2024.
Table No. 3, titled "Franchised Outlets Status Summary For Fiscal Years 2022 To 2024," may also contain information related to franchise transfers, although the specific data points included in this table are not detailed in the provided excerpts. Similarly, Table No. 1, "Systemwide Outlet Summary For Fiscal Years 2022 To 2024," could provide an overview of outlet changes, including transfers, within the entire Canopy Lawn Care system.
Additionally, the FDD lists former franchisees in Exhibit C, including those who have transferred an outlet. This list includes the name, city, state, and current business telephone number (or last known home telephone number) of franchisees who have transferred. The FDD also notes that if a franchisee buys the franchise, their contact information may be disclosed to other buyers when they leave the franchise system.
Table No. 5 and Table No. 4, regarding projected openings and company-owned outlets, respectively, do not contain information on franchise transfers.