What is the low and high range for the initial franchise fee for a Card My Yard franchise?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF | AMOUNT | AMOUNT | METHOD | WHEN DUE | TO WHOM |
|---|---|---|---|---|---|
| EXPENDITURE | (LOW) | (HIGH) | OF PAYMENT | PAYMENT IS TO BE MADE | |
| Initial Franchise Fee1 | $8,500 | $8,500 | Lump sum | When you sign Franchise Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the initial franchise fee is a fixed amount. The low estimate for the initial franchise fee is $8,500, and the high estimate is also $8,500. This fee is paid in a lump sum when you sign the Franchise Agreement with Card My Yard.
This fee covers Card My Yard's costs of onboarding new franchisees. Unlike some franchises where the initial fee varies, Card My Yard charges a flat fee to all new franchisees.
Prospective franchisees should note that this fee is generally non-refundable. It is important to fully evaluate the Card My Yard franchise opportunity before signing the agreement and paying this fee. This fee does not cover other startup costs, such as lease expenses, furniture, computer hardware, training, and grand opening marketing.