What is the average revenue for Card My Yard franchise locations opened in 2021?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
(all franchise locations over 1 year old) | 505 | $123.77 | $119.08 | $0.00 | $1,448.95 | | 246 (49%) | TABLE 4
| 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 | 20 | $5,163 | $2 |
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 2021 was $9,875. This data represents 103 franchise locations that were three years old at the time of the report.
It's important to note that this figure represents gross profit, not gross revenue. Gross profit is calculated as gross revenue less royalty expenses. The stated royalty is 25%. Therefore, the gross revenue would be higher than the gross profit figure provided.
Prospective franchisees should also be aware that these figures are averages and individual results may vary. Card My Yard states that written substantiation of the data used in preparing this financial performance representation will be made available to you upon reasonable request.