For a Card My Yard franchise, who must accept the Franchise Location?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
- (2) If you wish to operate your Card My Yard Business from a location that is not your primary residence, then before acquiring a site for the Card My Yard business, you must submit to us, in the form specified by us, a description of the site, evidence satisfactory to us demonstrating that the site satisfies our site selection guidelines, and such other information and materials as we may reasonably require,including, but notlimited to, a final, complete copy of the lease (which must incorporate a rider in substantially the form attached hereto as Exhibit F) or contract of sale for the site for your Card My Yard business.
Such lease or contract for sale may not be signed by you unless it includes a rider in substantially the form attached hereto as Exhibit F and is submitted to, and approved by, us in advance.
- (3) We shall have fifteen (15) days after receiving all required site information to accept or reject, in our sole discretion, the proposed site as the location for your Card My Yard business.
No site may be used for a Card My Yard business unless it is first accepted in writing by us, and you shall not make any binding commitment with respect to a site for your Card My Yard business unless the site is first accepted in writing by us.
If we accept multiple sites for the Card My Yard business, you shall notify us in writing within five (5) days of the date of such acceptance of the site that you intend to acquire for the Card My Yard business.
You acknowledge that our acceptance of a prospective site and the rendering of assistance in the selection of a site does not constitute a representation, promise, warranty or guarantee, express or implied, by us that the Card My Yard business operated at that site will be profitable or otherwise successful.
- (4) If you obtain rights to a site other than your home, then promptly following our acceptance of the site for your Card My Yard business, you shall acquire the site by purchase or lease, at your expense.
You agree to furnish to us a copy of the executed lease or contract of sale within ten (10) days after execution.
- (5) After we accept the site and you acquire the site pursuant to this Agreement, the address of the site shall be entered on Exhibit C to this Agreement as the Franchise Location and the Protected Area around the Franchise Location will be described on Exhibit C.
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the franchisor, Card My Yard, must accept the site in writing before it can be used as a franchise location. The franchisee is responsible for locating and developing a site within their designated search area. Card My Yard anticipates that the site will be the franchisee's home.
Before acquiring a site that is not the franchisee's primary residence, the franchisee must submit a description of the site and evidence that the site satisfies Card My Yard's site selection guidelines. The franchisee also needs to submit other required information and materials, including a final copy of the lease or contract of sale with a rider. The lease or contract cannot be signed by the franchisee unless it includes the specified rider and is approved by Card My Yard in advance.
Card My Yard has 15 days after receiving all required site information to accept or reject the proposed site. The franchisee cannot make any binding commitment regarding a site unless Card My Yard first accepts it in writing. If Card My Yard accepts multiple sites, the franchisee must notify Card My Yard within five days of which site they intend to acquire. After Card My Yard accepts the site, the franchisee must acquire the site by purchase or lease at their own expense and provide Card My Yard with a copy of the executed lease or contract of sale within ten days.