What is the estimated high-end cost for POS/Computer Hardware and Software for a Card My Yard franchise?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF | AMOUNT | AMOUNT | METHOD | WHEN DUE | TO WHOM |
|---|---|---|---|---|---|
| EXPENDITURE | (LOW) | (HIGH) | OF PAYMENT | PAYMENT IS TO BE MADE | |
| Initial Franchise Fee1 | $8,500 | $8,500 | Lump sum | When you sign Franchise Agreement | Us |
| Lease Expenses (three | $0 | $500 | As stated in | As incurred | Landlord |
| months)2 | lease | ||||
| Furniture and Fixtures3 and 7 | $150 | $500 | As arranged | As incurred | Third party- suppliers |
| POS/Computer Hardware | $0 | $1,500 | As arranged | As incurred | Approved |
| and Software4 | Suppliers | ||||
| Initial Training Costs (per person)5 | $0 | $1,000 | As Arranged | Before opening | Costs of travel, lodging and meals |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the estimated high-end cost for POS/Computer Hardware and Software is $1,500. This investment covers the purchase costs of computer hardware, including a laptop, and any necessary software.
Note 4 in Item 7 clarifies that this estimate specifically includes the costs associated with computer hardware and software. The payment is arranged with approved suppliers and is due as incurred.
Prospective franchisees should consider this cost when planning their initial investment. It is important to note that the actual cost may vary depending on the chosen hardware and software, and franchisees should consult with Card My Yard-approved suppliers to get accurate quotes. This is a one-time expense during the initial setup of the franchise.