Where can I find the description of the 'Designated Search Area' for my Card My Yard franchise?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise.
"DesignatedSearch Area" means the non-exclusive geographic area described in Exhibit C to this Agreement within which you will locate a site for your Card My Yard business.
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the description of the Designated Search Area can be found in Exhibit C of the Franchise Agreement. The Designated Search Area is defined as the non-exclusive geographic area where the franchisee will locate a site for their Card My Yard business.
Exhibit C is a crucial part of the agreement as it specifies the geographic boundaries within which the franchisee can operate. It also defines the Franchise Location once a site is selected and approved by Card My Yard. The Franchise Location is the specific address where the Card My Yard business will be based.
It's important to note that the Designated Search Area is non-exclusive, meaning Card My Yard can still operate or authorize other franchisees within that area. After Card My Yard accepts the site and the franchisee acquires it, the address of the site will be entered on Exhibit C as the Franchise Location, and the Protected Area around the Franchise Location will also be described on Exhibit C. Franchisees should carefully review Exhibit C to fully understand their territorial rights and limitations.