Lawn Doctor logo

Lawn Doctor Franchise

Audited Financials
Home ServicesEst. 1967Holmdel, NJ
www.lawndoctor.com
Financing Available

Risk Score

Pending analysis

Investment Range

$133,475 - $149,027

Franchise Fee

$25,000

Total US Locations

630

Business Summary

Lawn Doctor operates businesses that establish, care for, and maintain lawns and other vegetation. This includes analyzing lawn problems, applying chemicals and seeds, and marketing the business. Lawn Doctor also offers optional services like liming, fungus control, grub treatments, and tree and shrub feeding. Franchisees use specialized equipment, including the Turf Tamer Stand-On Applicator and Turf Tamer Power Seeder. Additionally, Lawn Doctor businesses have the option to add the Holiday Lighting Heroes service line, which involves designing, installing, maintaining, removing, and storing holiday lighting and décor.

Corporate History

Lawn Doctor was founded in 1967 as Auto-Lawn of America, Inc. and later changed its name to Lawn Doctor, Inc. in 1973. The brand has been offering franchises since 1967. In February 2024, Lawn Doctor introduced an optional Holiday Lighting Heroes service line, allowing franchisees to expand into holiday lighting and décor services. Lawn Doctor is affiliated with other home services brands, including Mosquito Hunters, ecomaids, Elite Franchising Corp. (operating Elite Window Cleaning in Canada), and Sparkle Squad, all operating under common parent company ownership.

Financial Overview

Investment Range

$133,475 - $149,027

Franchise Fee (Low)

$25,000

Franchise Fee (High)

$122,000

Royalty %

10%

Marketing %

5%

Equipment Costs (High)

$43,850

Working Capital

$13,736

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

Lawn Doctor is financially sound, consistently reporting positive consolidated net income in 2023 and 2022. The company has substantial stockholder's equity. In 2023, Lawn Doctor refinanced its long-term debt, and is currently in compliance with all its loan covenant requirements. The auditors have not expressed any substantial doubt about the company's ability to continue as a going concern. While cash and equivalents saw a decrease in 2023, the overall financial position remains healthy.

Financing Details

Lawn Doctor offers financing options directly to its franchisees. Franchisees have the option to finance a portion of their initial franchise fee over a period of up to 96 months at an annual interest rate of 12%. Additionally, Lawn Doctor provides equipment leases for its specialized Turf Tamer Stand-On Applicator and Turf Tamer Power Seeder. The Stand-On Applicator lease can be paid monthly ($335.40 plus sales tax over 84 months, with a $3,350 deposit) or in a lump sum of $22,350. The Power Seeder lease can be paid monthly ($305.96 plus sales tax over 72 months, with a $3,050 deposit) or in a lump sum of $18,700. Payments for these equipment leases begin 365 days after initial training. Lawn Doctor also converts accounts receivable from certain franchisees into notes receivable.

Performance Metrics

Total US Locations

630

Franchised Units

630

Corporate Units

0

Avg Square Footage

240

Franchising Since

1967

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise agreement, Lawn Doctor franchisees must have substantially complied with all provisions of the agreement, refurbish and re-equip each Service Vehicle, and repair or replace any equipment to meet current brand standards. Franchisees must provide Lawn Doctor with written notice of their intent to renew at least 6 months, but no more than 12 months, before the initial term expires. Upon approval, they must continue to comply with the agreement, execute Lawn Doctor's then-current franchise agreement (which may have different terms, conditions, and fees), and their owners must sign a general release of all claims against Lawn Doctor.

Training & Support Program

Franchisor Assistance

Before opening their Lawn Doctor business, franchisees receive specifications, standards, operating procedures, and specialized equipment to maintain brand quality. Lawn Doctor provides reasonable guidance during business development and conducts mandatory initial training. Ongoing support includes guidance through an Operating Manual, telephonic conversations, and consultations at Lawn Doctor's offices or the franchisee's location. Franchisees get access to the Operating Manual and additional content on Lawn Doctor's learning management system, the right to use the brand's trademarks, and disclosure of confidential operational information. Lawn Doctor advises on approved suppliers for vehicles and other items and may assist in pricing. Additionally, Lawn Doctor establishes and administers national and regional Marketing Funds for marketing and promotional programs and provides call center services. New Lawn Doctor franchisees also benefit from a mentorship program with experienced strategic-partners, which includes on-the-job operational training and guidance.

Initial Training Hours

37

Training Location

Lawn Doctor's headquarters in Holmdel, New Jersey, and its manufacturing facility in Marlboro, New Jersey.

Ongoing Support

After opening, Lawn Doctor franchisees receive continuous guidance for their business operations through the Operating Manual and optional telephonic conversations or consultations at Lawn Doctor's offices or the franchisee's location. They also have access to the Operating Manual and additional materials on the company's learning management system. Lawn Doctor may establish and administer national and regional Marketing Funds for ongoing marketing and promotional programs. Franchisees are required to utilize the brand's Call Center services, incurring monthly fees after their first year of operation. Lawn Doctor also has the right to require franchisees and their supervisory personnel to complete supplemental and refresher training programs at designated locations, for which franchisees cover their own travel and living expenses.

Franchise Requirements

Ideal Candidate Profile

Lawn Doctor seeks qualified individuals, referred to as 'Strategic-Partners,' who are committed to the brand's mission and core values. Ideal candidates, or their owners, must continuously dedicate their best efforts, full time, energies, and attention to operating the Lawn Doctor business. They should possess good moral character, sufficient business experience, aptitude, and financial resources to successfully manage a Lawn Doctor business, meeting the company's applicable standards for strategic-partners. Lawn Doctor offers reduced initial franchise fees for qualified U.S. military veterans, minorities, individuals from the Green Industry, First Responders, and existing employees of strategic-partners with at least five years of experience within the Lawn Doctor system.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Full-Time

Territory Type

Limited

Territory Size Requirements

Lawn Doctor franchisees are granted a geographic territory containing no less than 10,000 single-family residences. After four years of operation, if a Lawn Doctor franchisee's 'Market Share' (percentage of single-family residences using Lawn Doctor services in their territory) falls below 70% of the average Market Share for all Lawn Doctor businesses operating for four or more years, Lawn Doctor may reduce the size of the franchisee's territory by redrawing its boundaries. To acquire additional territories, a Lawn Doctor franchisee must have at least a 2% Market Share in all their existing territories.

Staffing Notes

Lawn Doctor franchisees may hire part-time assistance for sales and servicing. If the owner or owners do not personally perform the on-premises supervisory function, an on-premises supervisor must be hired. This supervisor must successfully complete Lawn Doctor's training program and agree to maintain the confidentiality of Lawn Doctor's proprietary information.