Does the Card My Yard Franchise Disclosure Questionnaire require a review of the Franchise Agreement?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
- (1) You acknowledge having received our franchise disclosure document (a) at least fourteen (14) days before signing a binding agreement or making any payment to us, or (b) if applicable, by the time required by your state's law.
You acknowledge that this Agreement contains no changes from the form of franchise agreement attached to our franchise disclosure document other than changes made with your knowledge and pursuant to negotiations between you and us.
You further acknowledge that you have read this Agreement and our franchise disclosure document and that you understand the terms of this Agreement and accept them as being reasonably necessary for us to maintain the uniformity of Card My Yard businesses and to protect the goodwill of the Marks and the integrity of the System.
Source: Item 23 — RECEIPTS (FDD pages 84–259)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, franchisees must acknowledge that they have read and understood the Franchise Agreement. Specifically, prospective franchisees must confirm they received the Franchise Disclosure Document at least 14 days before signing any binding agreements or making payments, or as required by state law.
Furthermore, the agreement the franchisee signs must contain no changes from the form included in the Franchise Disclosure Document, except for changes made with the franchisee's knowledge through negotiations with Card My Yard. Franchisees must acknowledge they have read the agreement and the Franchise Disclosure Document, understanding and accepting the terms as reasonably necessary to maintain uniformity and protect the goodwill of Card My Yard.
In essence, Card My Yard ensures franchisees are fully aware of the agreement's terms by requiring acknowledgement of having read and understood the Franchise Agreement and the Franchise Disclosure Document before entering into the franchise. This protects both the franchisee and Card My Yard by ensuring a mutual understanding of the obligations and expectations.