Can Card My Yard or its affiliates be designated as approved suppliers?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
ment that a majority of the Card My Yard businesses then operated by us or our Affiliates have made or are utilizing best efforts to make such improvements.
E. Sourcing.
- (1) You agree to comply with all of our standards and specifications for the purchase of all inventory, supplies, materials, fixtures, furnishings, equipment, Computer Systems, and other products used or offered for sale at the Card My Yard business. If we have approved or designated suppliers (which may include us or our Affiliates or third party manufacturers, distributors and other sources) for any such item, you agree to obtain these items from those suppliers. Our approved or designated suppliers are those who demonstrate on a continuing basis the ability to meet our standards and specifications; who have adequate quality controls and the capacity to supply the needs of the Card My Yard business franchise network promptly and reliably over an extended period of time; and who have been approved in writing by us and who have not thereafter been disapproved by us. We may designate ourselves, our Affiliates or a third party as an approved or designated supplier, or as the sole approved or designated supplier of any item. You agree that we and our Affiliates may derive revenue based on your purchases and leases (including, without limitation, from charging you for products and services we or our Affiliates provide to you and from payments made to us or our Affiliates by suppliers that we designate or appr
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, Card My Yard or its affiliates can be designated as approved suppliers. As a franchisee, you must adhere to Card My Yard's standards for all inventory, supplies, materials, fixtures, furnishings, equipment, computer systems, and other products used in the business. If Card My Yard has approved suppliers, which may include themselves, their affiliates, or third parties, you are required to purchase these items from those designated suppliers.
Card My Yard approves suppliers who consistently meet their standards, maintain adequate quality controls, can reliably supply the franchise network, and have written approval from Card My Yard. Card My Yard has the right to designate themselves, their affiliates, or a third party as an approved or sole supplier for any item.
Furthermore, Card My Yard and its affiliates may receive revenue from franchisee purchases and leases, including charges for products and services they provide and payments from designated or approved suppliers. Currently, franchisees must purchase at least $500 worth of yard letters/signs (or related materials and equipment) from Card My Yard each year. This arrangement ensures that Card My Yard maintains control over the quality and consistency of products used within its franchise system, while also creating potential revenue streams for the company and its affiliates.