What is the low-end lease expense estimate for a Card My Yard franchise based on?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
cover our costs of onboarding you.
Note 2. The lease expense estimate is based on operating from your home (low end estimates) or the cost of leasing a small warehouse space with at least 18 feet of wall space with walls at least 8 feet high (high estimate). These estimates assume that you will not need to make any leasehold improvements. These costs are our best estimate based on costs that our affiliates have experienced with the company-owned Card My Yard business in Springville, Utah. These estimates may vary substantially based on your ability to negotiate with your landlord and your financial strength, as well as on local commercial leasing and labor rates and other local conditions.
Note 3. This estimate includes all furniture and fixtures (including letter/sign storage racks) to be used in the Card My Yard business. All of these items must meet our standards and specifications.
Note 4.
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 estimate for lease expenses is based on operating the business from your home. The document indicates that the low-end estimate for lease expenses over three months is $0.
Card My Yard anticipates that franchisees will typically operate from a home office, which eliminates the need for leased warehouse space and associated expenses. This is reflected in the estimated initial investment table, where the 'Lease Expenses (three months)' category shows a low-end amount of $0. The high-end estimate of $500, on the other hand, accounts for the cost of leasing a small warehouse space.
Operating from a home office can significantly reduce the initial investment required to start a Card My Yard franchise. However, franchisees should consider whether a home office provides sufficient space for storing yard signs and letters, as well as managing the business effectively. If a franchisee chooses to lease a small warehouse space, the lease expenses could be substantially higher, depending on local commercial leasing rates and the franchisee's ability to negotiate with the landlord.