Waterloo Turf
Waterloo Turf offers franchises for operating comprehensive artificial turf businesses that sell approved artificial turf and surface products along with related installation and landscaping services to commercial and residential customers. The business model revolves around a proprietary system including development and operational guidelines, training programs, approved equipment and supplies, and brand standards under the 'Waterloo Turf' marks. It targets homeowners and businesses in urban, suburban, and rural areas valuing property improvement, aesthetic enhancement, and water conservation.
Franchise Costs
6% royalty + 2% national brand fund + $600/mo technology fee (up to $1,000/mo)
Financial Performance
Item 19 Financial Performance
Data Based On: Data based on 3 company-affiliated units (Austin 2023, Austin 2024, San Antonio 2024), with financial results adjusted to a 'prototype territory' size for franchisee comparability. No franchised units were operating during the periods presented (confirmed by Item 20).
* Average gross revenue and average net income were calculated from three company-affiliated unit data points, each adjusted to a 'prototype territory' size as presented in the document: Austin 2023 (Gross Sales: $425,104.36, Net Income: $63,089.09), Austin 2024 (Gross Sales: $506,080.85, Net Income: $79,158.07), San Antonio 2024 (Gross Sales: $385,960.24, Net Income: $61,048.97). Net income percentages for prototype territories were applied based on the percentages of actual gross sales after franchise adjustments and add-backs (Austin 2023: 14.85%, Austin 2024: 15.64%, San Antonio 2024: 15.84%). Median, top quartile, and bottom quartile revenues, as well as best-guess profit ranges, were derived from these three individual prototype territory data points.
Extracted Item 19 Section
How Waterloo Turf Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Waterloo Turf Current | $106K – $152K | $59K | 6.0% | 0 |
| 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 130 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 130 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 Waterloo Turf franchisees (2025 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
4 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
4 Contacts Available
Unlock all Waterloo Turf franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Waterloo Turf franchise ranges from $106,300 to $151,500. This includes a franchise fee of $59,000. Ongoing royalty fees are 6.0% of gross sales.
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