What is the average revenue for Card My Yard franchise locations opened in 2017?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchise Location Class Opened Date | Number of Franchise Locations in Class Cohort | Average | Median | Minimum | Maximum | Number of Franchises that Attained or Exceeded Average | |---|---|---|---|---|---|---| | Franchise Locations | 68 | $38,644 | $34,711 | $6,384 | $112,851 | 30 (44%) | | Opened in 2017 (Locations | | | | | | | | that are 7+ years old) | | | | | | | | Franchise Locations | 27 | $28,730 | $25,764 | $10,235 | $57,965 | 11 (41%) | | Opened in 2018 (Locations | | | | | | | | that are 6 years old) | | | | | | | | Franchise Locations | 54 | $25,791 | $20,874 | $3,009 | $58,415 | 20 (37%) | | Opened in 2019 (Locations | | | | | | | | that are 5 years old) | | | | | | | | Franchise Locations | 177 | $18,416 | $15,120 | $1,598 | $79,501 | 69 (39%) | | Opened in 2020 (Locations | | | | | | | | that are 4 years old) | | | | | | | | Franchise Locations | 103 | $10,436 | $7,409 | $1,276 | $42,918 | 35 (34%) | | Opened in 2021 (Locations | | | | | | | | that are 3 years old) | | | | | | | | Franchise Locations | 36 | $12,812 | $9,453 | $1,890 | $38,654 | 14 (39%) | | Opened in 2022 (Locations | | | | | | | | that are 2 year old) | | | | | | | | Franchise Locations | 40 | $9,183 | $7,521 | $1,298 | $28,648 | 14 (35%) | | Opened in 2023 (Locations | | | | | | | | that are 1 year old) | | | | | | | | System (all franchise | 505 | $19,721 | $14,973 | $1,276 | $112,851 | 193 (38%) | | locations over 1 year | | | | | | | | old) | | | | | | | | This represents all the franchise locations opened in a certain year and are grouped by age. For example, the 68 | | | | | | | | locations opened in 2017 are 7+ years old. This group of locations earned average gross sales per franchise location of | | | | | | | | $38,644 from activities in 2024. | | | | | | | This represents all the franchise locations opened in a certain year and are grouped by age. For example, the 68 locations opened in 2017 are 7+ years old. T
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 56–64)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the average gross sales for franchise locations opened in 2017 was $38,644 based on activities in 2024. This data represents the performance of 68 franchise locations that have been operating for over seven years.
It's important to note that this figure reflects the average gross sales per franchise location and does not represent net income or profit. Prospective franchisees should consider operating expenses such as wages, costs of goods sold, vehicle maintenance, insurance, and marketing expenses, which are not included in this gross sales figure. These expenses must be deducted to determine net income or profit.
This financial performance representation is based on the unaudited books and records of Card My Yard franchisees and has not been independently audited. The FDD advises that individual results may vary, and there is no assurance that a new franchisee will achieve the same level of sales. The FDD also indicates that written substantiation of the data used in preparing this financial performance representation will be made available to you upon reasonable request.