What is the low-end estimated 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 low-end initial franchise fee is $8,500. This fee is paid in a lump sum when you sign the Franchise Agreement and is paid to Card My Yard.
The FDD outlines other potential initial expenditures, such as lease expenses, furniture and fixtures, POS/computer hardware and software, initial training costs, utility/security deposits and grand opening marketing. The low-end estimates for these range from $0 to $250. These costs are estimates and could vary based on location, vendor negotiations, and choices made by the franchisee.
Prospective franchisees should carefully consider these initial investment costs and factor them into their financial planning. It's important to note that these are just estimates, and actual costs may vary. Consulting with a business advisor is recommended to review these figures and tailor them to the franchisee's specific market and circumstances.