What is the estimated low-end cost for POS/Computer Hardware and Software for a Card My Yard franchise?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
s of travel, lodging and meals |
| 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 |
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 low-end cost for POS/Computer Hardware and Software is $0. The high-end cost for POS/Computer Hardware and Software is $1,500. These costs are to be paid to approved suppliers as incurred and arranged.
This suggests that it may be possible to start a Card My Yard franchise without needing to immediately invest in new POS or computer hardware and software. This could be because franchisees are able to use existing equipment or free software options initially. However, it is important to note that the high-end estimate for these costs is $1,500, so franchisees should be prepared to invest in these items if necessary.
It is important to clarify with Card My Yard what specific POS/Computer Hardware and Software is required or recommended, and whether there are any approved suppliers that offer options at the low end of the estimated range. Understanding these requirements will help prospective franchisees accurately budget for their initial investment.