Why is historical data missing for some of the older Card My Yard franchises in Table 4?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
The tables below show the Reporting Period results for the 505 franchised Card My Yard businesses that were in operation throughout the entire Reporting Period. Of note, for Table 4, the data was not available for all of the historical period more than seven years ago for certain locations due to the third party provider's database limitations, and that data is not available or reported and as a result the franchises that are 7+ years old represent the 20 such franchises for which data is available. None were excluded apart for those for whom the database had no information or historical data during the relevant historical period.
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, Table 4, which presents historical financial performance information, has some data missing for franchises older than seven years. The reason for this absence is due to limitations with the third-party provider's database.
Specifically, the data for the historical period more than seven years ago was not available in the third-party provider's database. As a result, Card My Yard could not include this information in Table 4. The FDD states that the franchises that are 7+ years old represent the 20 such franchises for which data is available.
The document clarifies that no franchises were excluded from the table except for those for whom the database had no information or historical data during the relevant historical period. This means that the data presented for older franchises in Table 4 is based on the available records, acknowledging the database limitations.