LAWN SQUAD logo

LAWN SQUAD Franchise

Audited Financials
Home ServicesEst. 2023Columbia, MD
www.lawnsquadfranchise.com
Financing Available

Risk Score

Pending analysis

Investment Range

$79,350 - $118,085

Franchise Fee

$5,000

Min Cash Required

$10,000

Total US Locations

16

Business Summary

Lawn Squad businesses offer residential and commercial weed control, lawn care, and related services, operating under the brand's trademark and system. This includes specific products, services, customer service standards, equipment, technology, and marketing techniques.

Corporate History

Lawn Squad Franchising LLC was organized on June 26, 2023, as a Delaware limited liability company, with its principal place of business in Columbia, Maryland. Lawn Squad began offering franchises on September 1, 2023. While Lawn Squad itself does not operate any of its own businesses, its affiliate, Weed Pro, Ltd., an Ohio limited liability company, operates similar businesses under the "Weed Pro" name, which converted to the Lawn Squad brand in January 2024. Lawn Squad is part of a larger family of home service brands under Authority Brands, Inc., which is ultimately owned by Funds advised by Apax Partners, LLP, a private equity firm.

Financial Overview

Investment Range

$79,350 - $118,085

Franchise Fee (Low)

$5,000

Franchise Fee (High)

$67,500

Minimum Cash Required

$10,000

Royalty %

7%

Marketing %

2%

Equipment Costs (Low)

$6,130

Equipment Costs (High)

$24,215

Working Capital

$12,500

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

Lawn Squad Franchising LLC's own financial statements are not provided; instead, the financial health is tied to its parent affiliate, Authority Brands Inc. Authority Brands Inc. reported significant net losses for the past three years, with a net loss of $104.5 million in 2024. It also recorded substantial impairment losses on assets and has long-term debt exceeding $550 million. While auditors provided an unqualified opinion, a valuation allowance of $12 million was established against deferred tax assets in 2024, suggesting some uncertainty regarding future taxable income. Authority Brands Inc. absolutely and unconditionally guarantees Lawn Squad's duties and obligations to its franchisees.

Financing Details

Lawn Squad may, at its discretion, allow franchisees to finance up to 75% of their initial franchise fee and any additional SFDU fees. This financing is typically paid in up to 36 monthly installments with a 12% annual interest rate. Franchisees can prepay the balance without penalty. However, Lawn Squad does not offer this financing for transactions involving brokers or third-party referral sources. Aside from this, Lawn Squad does not provide any other direct or indirect financing to franchisees, nor does it guarantee promissory notes, leases, or other obligations.

Performance Metrics

Total US Locations

16

Franchised Units

7

Corporate Units

9

Avg Square Footage

600

Franchising Since

2023

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew, Lawn Squad franchisees must provide written notice of their desire to renew between six and twelve months before the agreement expires. They must be in full compliance with the franchise agreement and all other agreements with Lawn Squad or its approved vendors, have a good record of customer service, and maintain a positive working relationship with Lawn Squad, including no ongoing litigation. Franchisees will need to sign Lawn Squad's then-current franchise agreement, which may include different terms and fees, and pay a renewal fee. Additionally, a general release of claims against Lawn Squad and its affiliates must be signed. The Key Person and any designated employees must complete required refresher training, and franchisees must demonstrate the right to occupy their approved location for the full renewal term. Finally, vehicles and premises must be remodeled, refurbished, or renovated to meet Lawn Squad's then-current brand standards, and computer systems and vehicles must be upgraded as necessary.

Training & Support Program

Franchisor Assistance

Lawn Squad provides extensive support to its franchisees. Before opening, Lawn Squad offers an initial training program to franchisees and their senior managers, assists with ordering equipment and technology from designated vendors, and provides access to the confidential Operations Manual and a Franchisee Portal for communications and resources. Lawn Squad also helps set up accounts with its designated Call Center and provides guidance on required software packages. Franchisees receive assistance in creating their pre-opening and grand opening marketing plans. Ongoing support includes additional training programs as needed, continuous development and management of Brand Standards, and maintaining the Franchisee Portal. Lawn Squad specifies approved vendors, manages a Brand Standards assessment program, and administers the Brand Fund, making creative materials available to franchisees. It reviews advertising plans, manages social media accounts that promote the brand, monitors customer warranty programs, and handles Key Accounts with customers.

Initial Training Hours

62

Training Location

Virtually and at affiliate's office in Sheffield Village, Ohio

Ongoing Support

Lawn Squad provides ongoing support to its franchisees through additional required and optional training programs, which are offered at various times and locations. It also develops and maintains Brand Standards, manages the Franchisee Portal for reporting and communication, and keeps franchisees informed about approved vendors and product specifications. Lawn Squad oversees a Brand Standards assessment program, administers the Brand Fund for marketing, and provides creative marketing materials. The franchisor reviews proposed advertising and promotional materials, manages social media accounts related to the brand, and monitors compliance with any customer warranty or satisfaction guarantee programs. Additionally, Lawn Squad manages contracts and relationships with Key Account customers.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Supervisory

Territory Type

Protected

Territory Size Requirements

Lawn Squad territories are typically defined by postal zip codes and are designed to include approximately 100,000 Single Family Dwelling Units. The franchisor uses recent U.S. Census Data or other population statistics to determine these boundaries. Franchisees may be able to add zip codes to their existing territory at Lawn Squad's discretion for an additional fee of $0.45 per Single Family Dwelling Unit.

Staffing Notes

Lawn Squad requires franchisees to maintain adequate staffing to meet Brand Standards, with franchisees solely responsible for all employment decisions, including hiring, firing, scheduling, and training their employees. While Lawn Squad may provide recommendations, it does not control employee wages or working conditions. Franchisees must ensure their employees are trained to use required technology systems and adhere to policies, including initial and periodic drug testing and background checks. The designated Key Person, responsible for day-to-day operations, must work on-site at the business office.