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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.
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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
Avg. Revenue: $439,048
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Unlock financial performance dataWaterloo Turf Franchise Analysis
In an age of escalating water bills and drought concerns, Waterloo Turf emerges as a fresh player promising lush, maintenance-free landscapes without the H2O headache. Franchising since 2024 from Austin, TX, this artificial turf specialist's 2025 FDD packs Item 19 disclosures on revenues and estimated profits that hint at solid potential in home services. Yet with only five corporate locations and zero growth last year, can this newcomer deliver the green (turf, that is) for investors?
Item 7 lays out the startup hurdles: a $59,000 franchise fee atop a total investment of $106,300 to $151,500, covering turf inventory, installation gear, and initial marketing. Ongoing fees bite at 6% royalty plus 2% brand fund, with a $600 monthly technology fee scaling to $1,000—watch that as territories expand. Item 19 shines brightly here, revealing average gross revenues of $439,048 and median $425,104 across units, translating to estimated profits between $61,049 and $79,158 after expenses. For a nascent system, these figures suggest quick ramp-up for operators tapping urban-suburban demand for water-saving upgrades.
System maturity lags with five corporate spots unchanged from 2023 to 2024 (+0% growth), but leadership eyes 19 new units ahead, signaling ambition. Just one SBA loan on record at $350,000 hints at financing feasibility, though sparse data urges scrutiny. Prospective buyers should probe Item 20 for litigation/termination trends, validate local turf demand via market studies, and model scenarios adjusting for that tech fee creep—key to gauging if Waterloo Turf's proprietary playbook turns modest units into a portfolio powerhouse.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
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 | $136K – $164K | $118K | 10.0% | 672 |
| MOSQUITO AUTHORITY | $54K – $128K | $45K | 10.0% | 546 |
| Culligan | $130K – $814K | $40K | 2.0% | 460 |
| MOSQUITO JOE | $150K – $192K | $43K | 10.0% | 415 |
Home Services Average 136 franchises | $142K – $269K | $52K | 6.9% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 136 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
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Unlock location growth dataSBA 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.
1 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
4 franchisee contacts on file from official FDD filings.
4 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently 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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