Canopy
Canopy Lawn Care franchises provide environmentally-responsible, subscription-based, tech-enabled lawn care services, including core offerings like turf fertilization, weed control, and prevention, as well as optional enhancements such as lawn aeration, over-seeding, and soil amendments. The business model involves operating from a home office or warehouse, using branded vehicles to serve customers in designated territories based on single-family dwelling counts. It targets residential and commercial customers in urban and suburban areas, competing in a well-developed market with seasonal sales potential.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
8% royalty + 1% brand fund (max 2%) + 2% technology + $350-500/mo bookkeeping + $75/mo QuickBooks Online
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Data is based on one affiliate-owned CANOPY outlet in Raleigh, NC (the 'Reporting Unit') that operated for the full reporting period of January 1, 2024, to December 31, 2024. Franchisees (37 territories as of September 30, 2024) are explicitly excluded from this Item 19.
* All financial performance data is presented for a single affiliate-owned outlet ('Reporting Unit') for the period January 1, 2024, through December 31, 2024. Franchisee data is explicitly excluded from this Item 19. Gross Profit ($535,076) is calculated as Revenue ($963,529) minus Cost of Materials ($245,493) and Cost of Labor ($182,960). The document also provides 'Revenue less Disclosed Expenses' as $222,375, but explicitly states that certain expenses like facility rent, utilities, cost of a full-time manager, and employee benefits are excluded. Therefore, this value is not categorized as Net Income, Net Profit, or EBITDA, and profit range estimations (best_guess_profit_low/high) cannot be reliably made without further information on the magnitude of these excluded expenses.
Extracted Item 19 Section
How Canopy Compares to Other Home Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Canopy Current | $98K - $185K | $50K | 8.0% | 37 |
| MERRY MAIDS | $127K - $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $150K - $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K - $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K - $128K | $45K | 10.0% | 546 |
| Culligan | $130K - $814K | $40K | 2.0% | 460 |
Home Services Average 129 franchises | $144K - $289K | $53K | 7.0% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 129 Home Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Canopy franchisees (2024 - 2024)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Canopy franchise?
The total initial investment to open a Canopy franchise ranges from $97,900 to $185,200. This includes a franchise fee of $49,500. Ongoing royalty fees are 8.0% of gross sales.
How much revenue does a Canopy franchise make?
According to the 2025 FDD, the average gross revenue for a Canopy franchise is $963,529.
How many Canopy franchise locations are there?
As of the 2025 FDD, Canopy has 37 franchise locations. The company has been franchising since 2023.
Can you get an SBA loan for a Canopy franchise?
Yes, SBA loans are available for Canopy franchises. Historical data shows 1 SBA 7(a) loans have been approved for Canopy franchisees, with an average loan amount of $153,300. The historical default rate is 0.0%.
Is Canopy a good franchise to buy?
Canopy shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Canopy?
Talk to a franchise advisor to get personalized guidance and learn if Canopy is the right fit for you.
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