FranchiseVerdict
Augusta Lawn Care logo
FV-00200·MODERATEExcellent95

Augusta Lawn Care

OtherFranchising since 2019Website
Investment
$50K – $150K
14th pct Other
Avg revenue
$401K
13th pct Other
Royalty
Units
165
82nd pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $50K – $150K including a $24K franchise fee.
  • Average unit revenue of $401K/year (median $296K).
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • System growing at 66.3% CAGR over 3 years with 165 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Augusta Franchise LLC
Parent company
Mike Hold Corporation
Incorporated in
Washington
HQ
8115 Birch Bay Square, Suite 133, Blaine, Washington 98230
Auditor
NAPER CPA GROUP
Audited financials
Franchisor revenue
$3.4M
vs $4.2M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Augusta Lawn Care unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $400,782
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $50K–$150K
Working capital
$
FDD reports $10K–$20K

Unlevered ROIC · per unit

59%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$68K
EBITDA margin
17.0%
Total invested
$115K
Payback
20 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Augusta Lawn Care units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$802K

on $4.0M purchase

Total debt

$3.2M

SBA $2.0M + senior + seller note

Overview

About

Franchisees operate lawn maintenance and landscaping service businesses, managing crews to perform routine lawn care, mowing, landscaping design, and seasonal maintenance for residential and commercial clients. Daily operations involve crew scheduling, customer acquisition, service quality management, equipment maintenance, and customer retention across a protected service territory.

CEO
Mike Andes
Founded
2019
FDD year
2025
States available
35

Item 7 · what it costs

The Vitals

Total investment
$50K – $150K
All-in to open one unit
Liquid capital
$10K – $20K
Cash you must have on hand
Franchise fee
$24K
Royalty
$600 for year 1, $1,600 beginning year 2
Ad fund
0.0%
typical 3–5%

Item 19

Financial Performance

Avg gross sales
$401K
Per unit, per year
Median gross sales
$296K
Item 19 type
Revenue
Sample size
98 units
vs category median 20 · large
Range (low → high)
$68K$2.2M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank13th
vs Other peers
Investment cost rank14th
Lower investment ranks lower (better)
Royalty rate rank70th
Lower royalty = lower percentile (better)
Unit count rank82th
vs Other peers
Risk score rank32th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
165
Opened
49
Last reporting year
Closed
21
Turnover rate
12.7%
Company-owned
2
Corporate units in the system
% franchised
99%
vs corporate-owned
Net growth (yr3)
+20.7%
Net unit change last year
3-yr CAGR
+66.3%
Compounded over last 3 years
2023
163+28
Franchised units
2024
135
Franchised units
2025
98
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 32 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 32 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
6
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

Moderate-to-high risk opportunity hindered by active fraud litigation, missing profitability data, and royalty transparency concerns despite solid unit growth.

Score breakdown · what drove the 57 / 100 rating

  1. 01HIGHActive litigation alleging fraud and FDD non-disclosure creates legal and credibility risk
  2. 02MEDNet income not disclosed in Item 19 prevents accurate ROI analysis and profitability validation
  3. 03MINORRoyalty structure heavily back-loaded ($600 Y1 vs $1,600 Y2+) may mask true ongoing costs
  4. 04MINOR165-unit system with 20.7% YoY growth is modest for lawn care; growth rate sustainability unclear
  5. 05MINORHigh investment range ($49.5K-$150K) with low franchise fee ($24K) suggests significant working capital requirement
  6. 06MINORProtected territory claim unverified; no detail on territory size, density, or exclusivity enforcement

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Washington

Item 11

Training & Operations

Classroom training
28 hrs
On-the-job training
0 hrs
POS system
Copilot
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

95 numbers

Locked
(970) 900-••••
Donald
CO
(614) 212-••••
Kirk Evans
OH
(984) 389-••••
Frankie Stallings
NC

One-time purchase · CSV download · Validation questions included

FDD download

Augusta Lawn Care · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above