In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:
Section I – Estimated initial investment (franchise costs) for The Grounds Guys franchise, based on Item 7 of the company’s 2023 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for The Grounds Guys franchise, based on Items 5 and 6 of the company’s 2023 FDD
🎯Find Best-Fit Franchises Still Available in Your Target Area (Free Tool)
When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.Section III – Number of franchised and company-owned The Grounds Guys outlets at the start of the year and the end of the year for 2020, 2021, and 2022, based on Item 20 of the company’s 2023 FDD
Section IV – News updates on The Grounds Guys franchise opportunity
Section V – Presentation and analysis of The Grounds Guys’ financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2023 FDD, including information on the:
- 2022 average, median, highest, and lowest gross sales for the 75 franchised The Grounds Guys businesses that were open for at least 3 years and for the full 12 months of the 2022 calendar year and reporting for at least 9 months of the 2022 calendar year
- 2022 average, median, highest, and lowest gross sales for the 47 franchised The Grounds Guys businesses that were open for less than 3 years and for the full 12 months of the 2022 calendar year and reporting for at least 9 months of the 2022 calendar year
Section VI – Key ratios, comparables, computations, and analyses for The Grounds Guys franchise opportunity (exclusive content for Platinum subscribers)
Section I – The Grounds Guys Franchise Costs
- The Grounds Guys franchise costs, based on Item 7 of the company’s 2023 FDD:
- Initial Franchise Fee: $35,000 for a territory of up to 100,000 in population, plus $350 per 1,000 additional population
- Software Fee: $1,920
- Vehicle: $4,000 to $60,000
- Equipment, Supplies, and Inventory: $14,500 to $20,900
- Insurance: $1,200 to $3,000
- Advertising & Promotional and Local Marketing Spending for Marketing Start-up Phase: $15,000 to $25,000
- Training, Travel, Lodging, and Food: $2,500 to $5,650
- Deposits, Permits, and Licenses: $50 to $3,000
- Professional Fees: $150 to $2,000
- Additional Funds for 3 Months: $5,000 to $30,000
- Real Estate: $0 to $6,000
- Total Estimated The Grounds Guys Franchise Costs: $79,320 to $192,470, plus any additional franchise fee
Section II – The Grounds Guys’ Initial Franchise Fee, Royalty Fee, and Marketing Fee
- The Grounds Guys’ initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2023 FDD:
- Initial Franchise Fee: $35,000 for a territory of up to 100,000 in population, plus $350 per 1,000 additional population
- License Fee: 5-6% of Gross Sales, except for “roll-in” sales. In addition, minimum license fees apply.
- Marketing, Advertising, and Promotion Fee: 2% of Gross Sales, except for “roll-in” sales
- Local Marketing Groups: not to exceed 3% of Gross Sales
Section III – Number of Franchised and Company-Owned The Grounds Guys Outlets
Franchised
2020
🎯Find Best-Fit Franchises Still Available in Your Target Area (Free Tool)
When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.🔴Free Webinar: 6 Under-the-Radar Franchise Concepts That Serious Buyers Should Know
Every month we feature 6 standout franchises that could be the opportunity you've been looking for, each evaluated on disclosed financials and matched to the type of buyer most likely to succeed with it. Can't attend live on October 27 at 6PM EST? Register now and we'll send you the full recording the next day. Reserve your spot here.- Outlets at the Start of the Year: 160
- Outlets at the End of the Year: 183
- Net Change: +23
2021
- Outlets at the Start of the Year: 183
- Outlets at the End of the Year: 195
- Net Change: +12
2022
- Outlets at the Start of the Year: 195
- Outlets at the End of the Year: 211
- Net Change: +16
Company-Owned
2020
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
2021
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
2022
🎯Find Best-Fit Franchises Still Available in Your Target Area (Free Tool)
When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
Section IV – News Updates on The Grounds Guys Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for The Grounds Guys Franchise (Item 19, 2023 FDD)
- The information set forth in this Item 19 is derived from historical operating results of The Grounds Guys franchised businesses indicated for the time periods covered, which data were reported to The Grounds Guys by the franchisees. Neither The Grounds Guys nor its independent certified public accountants have audited or verified any of the sales figures reported to it. Franchisees are not required to use generally accepted accounting principles when reporting these figures.
- As of December 31, 2022, there were 211 The Grounds Guys businesses in operation in the United States, all of which were franchised businesses. The tables below in this Item 19 show average and median annual gross sales data for the calendar year 2022 (the “Reporting Period”) for (i) 75 franchised businesses that, as of December 31, 2022, had been in operation for at least 3 years and that reported Gross Sales data to The Grounds Guys for at least 9 months of the Reporting Period (Part 1), and (ii) 47 franchised businesses that, as of December 31, 2022, had been in operation for less than 3 years and reported Gross Sales for at least 9 months of the Reporting Period (Part 2).
- Because of the potential seasonality of the business in certain geographic areas, all franchised businesses that reported Gross Sales to the franchisor for at least 9 months of the Reporting Period were included as part of the data set used to create the tables in this Item 19.
- The information provided in this Item 19 does not include data from (a) 34 franchised businesses that opened during the year 2022 and therefore were not in operation for the entire Reporting Period, (b) 4 franchised businesses that underwent a change of ownership transfer in 2022 and as a result did not report data for at least 9 months of the Reporting Period, and (c) 51 franchised businesses that operated less than 9 months of the year due to the seasonality of their business and as a result did not report Gross Sales data to The Grounds Guys for at least 9 months of the Reporting Period.
- Eighteen franchised businesses were excluded from this Item 19 because they closed during the Reporting Period and so they were not in operation for the entire Reporting Period. Of the 18 businesses that closed during the Reporting Period, 1 business closed after being open for less than 12 months.
- Some outlets have earned this amount. Your individual results may differ. There is no assurance you will earn as much.
- As used herein, “Gross Sales” means and includes the total revenues and receipts from whatever source (whether in the form of cash, credit, agreement to pay, barter, trade, or other consideration) that arise, directly or indirectly, from the operation of – or in connection with – a Grounds Guys business whether under any of the Marks or otherwise.
- Gross Sales exclude sales taxes collected from customers and paid to the appropriate taxing authority and any other bona fide refunds, rebates, or discounts that the franchisor authorizes in writing. Gross Sales also exclude sales from any Excluded Services (as defined in a mutually executed Excluded Services Addendum).
Part 1 – Statement of Average and Median Annual Gross Sales (3+ Years in Operation)
- The following table provides the average and median annual Gross Sales data for 75 franchised businesses that, as of December 31, 2022, had been in operation for at least 3 years and that reported Gross Sales data to The Grounds Guys for at least 9 months of the Reporting Period.
2022
- Number of Reporting Businesses: 75
- High Annual Gross Sales: $3,625,741
- Low Annual Gross Sales: $59,010
- Average Annual Gross Sales: $870,387
- Number and Percent at or Above Average: 27 / 36%
- Median Annual Gross Sales: $613,394
- “Number of Reporting Businesses” is the number of franchised businesses included in this analysis (i.e., open for at least 3 years and for the full 12 months of the Reporting Period and reporting for at least 9 months of the Reporting Period).
Part 2 – Statement of Average and Median Annual Gross Sales (Less Than 3 Years in Operation)
- The following table provides the average and median annual Gross Sales data for 47 franchised businesses that, as of December 31, 2022, had been in operation for less than 3 years and reported Gross Sales for at least 9 months of the Reporting Period.
2022
- Number of Reporting Businesses: 47
- High Annual Gross Sales: $1,158,802
- Low Annual Gross Sales: $60,142
- Average Annual Gross Sales: $286,483
- Number and Percent at or Above Average: 19 / 40%
- Median Annual Gross Sales: $230,704
- “Number of Reporting Businesses” is the number of franchised businesses included in this analysis (i.e., open for less than 3 years and for the full 12 months of the Reporting Period and reporting for at least 9 months of the Reporting Period).
Section VI – The Grounds Guys Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In.
Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment. Click Here to Learn More.
Gain
the Insider Information (and Actual Earnings Data) You Need to Make a
Safe and Smart Franchise Investment - See more at:
https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf
The Best of Franchise Chatter
🥇The Most Profitable Franchises of 2026
🥈Franchises Ranked by Average Revenues
🥉Franchises Ranked by Average Profits
🏆Franchise Winners, Survivors & Losers
Subscribe Now or Log In
Franchise Chatter is reader-supported. We may receive a commission for leads generated from affiliate links and banners on our site.
Leave a Reply