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THE GROUNDS GUYS

Franchise Information

Analyzed filing: MN · File #1234803246
Filed: Jun 1, 2026
FDD Issued: Apr 1, 2026
Extracted: Aug 24, 2026
Analyzed
Franchisor Details
Name: The Grounds Guys SPV LLC
Parent: Neighborly Assetco LLC
Address: 1010 North University Parks Drive, Waco, Texas 76707
Phone: 254-745-2400
Franchising Since: 2010
Industry & Qualifications
Industry
Home Services
Veteran Discount
20.0%
Multi-Unit Discount
20.0%
Franchise Fee
$45,000
Royalty
5.0%
Ad Fund: 2.0%
Total Investment
$108K - $253K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2025)
219
Franchised
219
Opened (Last Year)
+12
Closed (Last Year)
-22
Churn Breakdown (Last Year)
Terminations
19
Non-Renewals
1
Ceased Ops
2
Transfers
8
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Table 1A covers 105 franchised businesses open 3+ years as of 2025-12-31 (high $...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2025)
$820,392
Median
$533,092
Highest
$3,588,439
Lowest
$42,555
% Achieving Avg
35.0%
Sample Size
105 units
Number File name Source State Filing Date Actions
318203053 MN_36170-202604-01_the-grounds-guys-spv-llc.pdf
Canonical 2025 analysis · newest filing
MN Jun 1, 2026 Restricted
1234803246 MN_36170-202604-02_the-grounds-guys-spv-llc.pdf
Canonical 2026 analysis
MN Jun 1, 2026 Restricted
72956147 MN_34897-202510-03_the-grounds-guys-spv-llc.pdf
Alternate source copy
MN Oct 15, 2025 Restricted
1608001637 MN_34897-202510-02_the-grounds-guys-spv-llc.pdf
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MN Oct 15, 2025 Restricted
2076028054 MN_34506-202507-01_the-grounds-guys-spv-llc.pdf
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MN Jul 22, 2025 Restricted
1830614370 MN_34506-202507-02_the-grounds-guys-spv-llc.pdf
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MN Jul 22, 2025 Restricted
1050011098 MN_33698-202504-03_the-grounds-guys-spv-llc.pdf
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MN May 9, 2025 Restricted
2025476068 MN_33698-202504-04_the-grounds-guys-spv-llc.pdf
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MN May 9, 2025 Restricted
220023 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_220023.pdf
Alternate source copy
VA Apr 1, 2025
FDD issue date
 Restricted
263453 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_263453.pdf
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VA Apr 1, 2025
FDD issue date
 Restricted
248481 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_248481.pdf
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VA Apr 1, 2025
FDD issue date
 Restricted
214521 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_214521.pdf
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ND Apr 1, 2025
FDD issue date
 Restricted
261508 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_261508.pdf
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ND Apr 1, 2025
FDD issue date
 Restricted
245612 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_245612.pdf
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ND Apr 1, 2025
FDD issue date
 Restricted
216754 425180_Franchise__The_Grounds_Guys_EFDID__42518_South Dakota_216754.pdf
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SD Apr 1, 2025
FDD issue date
 Restricted
638291 638291_the-grounds-guys-spv-llc.pdf
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WI Apr 1, 2025
FDD issue date
 Restricted
1642934040 MN_32020-202407-02_the-grounds-guys-spv-llc.pdf
Canonical 2024 analysis
MN Jul 30, 2024 Restricted
1225468541 MN_32020-202407-03_the-grounds-guys-spv-llc.pdf
Alternate source copy
MN Jul 30, 2024 Restricted
112669819 MN_31344-202404-02_the-grounds-guys-spv-llc.pdf
Canonical 2023 analysis
MN May 21, 2024 Restricted
1446060538 MN_31344-202404-01_the-grounds-guys-spv-llc.pdf
Alternate source copy
MN May 21, 2024 Restricted
166354 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_166354.pdf
Alternate source copy
VA Apr 1, 2024
FDD issue date
 Restricted
165856 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_165856.pdf
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VA Apr 1, 2024
FDD issue date
 Restricted
138378 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_138378.pdf
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ND Apr 1, 2024
FDD issue date
 Restricted
163665 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_163665.pdf
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ND Apr 1, 2024
FDD issue date
 Restricted
139932 425180_Franchise__The_Grounds_Guys_EFDID__42518_South Dakota_139932.pdf
Alternate source copy
SD Apr 1, 2024
FDD issue date
 Restricted
101702 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_101702.pdf
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VA Jul 7, 2023 Restricted
95539 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_95539.pdf
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ND Jul 7, 2023 Restricted
115654 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_115654.pdf
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VA Apr 3, 2023 Restricted
59944 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_59944.pdf
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ND Apr 3, 2023 Restricted
65604 425180_Franchise__The_Grounds_Guys_EFDID__42518_South Dakota_65604.pdf
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SD Apr 3, 2023 Restricted
48332 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_48332.pdf
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VA Jan 4, 2023 Restricted
47552 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_47552.pdf
Canonical 2022 analysis
ND Jan 4, 2023 Restricted
34283 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_34283.pdf
Alternate source copy
VA Mar 31, 2022 Restricted
15213 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_15213.pdf
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ND Mar 31, 2022 Restricted
21840 425180_Franchise__The_Grounds_Guys_EFDID__42518_South Dakota_21840.pdf
Alternate source copy
SD Mar 31, 2022 Restricted
11992 509641_Franchise__The_Grounds_Guys_EFDID__50964_Virginia_11992.pdf
Alternate source copy
VA Jan 4, 2022 Restricted
11166 509641_Franchise__The_Grounds_Guys_EFDID__50964_Maryland_11166.pdf
Canonical 2021 analysis
MD Jan 4, 2022 Restricted
11037 509641_Franchise__The_Grounds_Guys_EFDID__50964_North Dakota_11037.pdf
Alternate source copy
ND Jan 4, 2022 Restricted
Showing 1–38 of 38 files.
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