What was the franchise fee for Card My Yard franchise locations opened in 2023?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
(all franchise locations over 1 year old) | 505 | $123.77 | $119.08 | $0.00 | $1,448.95 | | 246 (49%) | TABLE 4
| Franchise Location Class Opened Date | Number of Franchise Locations Represented in First Year Gross Sales | Average First Year Gross Profit | Franchise Fee | Payback Period (Months) |
|---|---|---|---|---|
| Franchise Locations Opened in | 20 | $5,163 | $ |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 56–64)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the franchise fee for locations opened in 2023 was $8,500. This fee is what franchisees paid to Card My Yard in order to begin operations.
It is important to note that this fee is just one of the initial investments required to start a Card My Yard franchise. Other costs, such as equipment, initial marketing expenses, and working capital, must also be considered. The FDD also indicates that the average first-year gross profit for these locations was $4,265, with an estimated payback period of 23.92 months.
Prospective franchisees should carefully evaluate these figures and consider their own financial situation and business goals before investing in a Card My Yard franchise. While the franchise fee provides insight into the cost of entry, understanding the potential revenue and associated expenses is crucial for assessing the overall viability of the business.