What is the average revenue for Card My Yard franchise locations opened in 2020?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchise Location Class Opened Date | Number of Franchise Locations Represented in First Year Gross Sales | Average First Year Gross Profit | Franchise Fee | Payback Period (Months) |
|---|---|---|---|---|
| Franchise Locations Opened in | 177 | $30,614 | $4,000 | 1.57 |
| 2020 (Locations that are 4 years | ||||
| old) | ||||
| This section is Card My Yard's effort to demonstrate what the payback period would look like under | ||||
| the estimated gross profit. This section is estimated using data we collect through our operations. This |
Card My Yard experienced a significant positive impact on sales due to the COVID-19 pandemic. Franchise locations that opened in 2019 and 2020 experienced that impact within the first twelve months of their operations. We do not believe this level of sales is typical or representative of the average location in their first twelve months due to the impact of the COVID-19 pandemic.
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 first year gross profit for franchise locations opened in 2020 was $30,614. This data is based on the performance of 177 franchise locations opened in 2020, which Card My Yard classifies as locations that are 4 years old.
It is important to note that Card My Yard experienced a significant positive impact on sales due to the COVID-19 pandemic. The FDD states that franchise locations opened in 2019 and 2020 experienced that impact within the first twelve months of their operations. Card My Yard does not believe this level of sales is typical or representative of the average location in their first twelve months due to the impact of the COVID-19 pandemic.
Prospective franchisees should consider that the gross profit figure does not represent net income, as it does not account for operating expenses such as wages, costs of goods sold, vehicle maintenance, insurance, local marketing, marketing fees, and utilities. The FDD advises conducting an independent investigation of the costs and expenses that will be incurred in operating a Card My Yard business. The FDD also states that written substantiation of the data used in preparing this financial performance representation will be made available upon reasonable request.