Who bears the cost of obtaining new or additional equipment required by Card My Yard?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
limitation, such periodic repainting or replacement of signs, furnishings, décor, and equipment (including, but not limited to, Computer Systems) as we may reasonably direct. You also agree to obtain, at your expense, any new or additional equipment (including, but not limited to, point of sale or Computer Systems), fixtures, supplies and other products and materials which we may reasonably require for you to offer and sell new services or products from the Card My Yard business or to provide such services or products by alternative means. No alterations, improvements or changes of any kind in design, equipment, signs, interior or exterior decor items, fixtures or furnishings shall be made in or aboutthe Card My Yard business without our prior written approval.
- D. Upgrade of Card My Yard business. Promptly upon our request, you must make improvements, renovations, updates and upgrades to the Card My Yard business to conform it to our then-current standards and specifications. Without limiting the foregoing, you agree that, if we request, you will make any capital improvements required by this Section VIII.D. on or after the second (2nd) anniversary of the Opening Date, or at such other time during the term of this Agreement 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;
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the franchisee is responsible for the costs associated with obtaining new or additional equipment. This includes any new equipment, fixtures, supplies, and other materials that Card My Yard may reasonably require for franchisees to offer new services or products, or to provide existing services or products through alternative methods.
Specifically, the franchisee must purchase or lease and install, at their own expense, all fixtures, furnishings, equipment, computer systems, decor items, signs, and related items that Card My Yard directs from time to time. Franchisees also bear the costs of upgrading their Card My Yard business to meet the franchisor's current standards, including refurbishing, repairing, or replacing equipment, computer systems, signs, fixtures, furnishings, and supplies.
Furthermore, changes to the computer system specifications may require franchisees to purchase, lease, or license new or modified computer hardware and/or software, and to obtain service and support for the computer system during the term of the agreement. Card My Yard may also purchase required items or equipment on the franchisee's behalf if the franchisee fails to do so after notification, deducting the costs from the franchisee's account.