On what day of the week are Net Proceeds distributions made to Card My Yard franchisees?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
Net Proceeds distributions will be made to you every Friday (subject to delay for bank holidays), provided that distribution date schedules may change from time to time, at our option, upon written notice to you.
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, Net Proceeds distributions are typically made to franchisees every Friday. However, these distributions are subject to delays due to bank holidays.
Card My Yard also retains the right to change the distribution schedule at any time, provided they give the franchisee written notice. This means that while franchisees can generally expect weekly payments on Fridays, they should be aware of potential delays or changes to the schedule.
Understanding the timing of Net Proceeds distributions is crucial for franchisees to manage their cash flow effectively. Franchisees should confirm the current distribution schedule with Card My Yard and stay informed about any potential changes to plan their finances accordingly.