How many company-owned Card My Yard outlets were operating at the end of 2024?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
utlet Summary For years 2022 to 2024 (1)**
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 |
|---|---|---|---|---|
| Outlet Type | Year | Outlets at the | Outlets at the | Net Change |
| Start of the Year | End of the Year | |||
| Franchised | 2022 | 470 | 508 | 38 |
| 2023 | 508 | 532 | 24 | |
| 2024 | 532 | 543 | 11 | |
| Company-Owned | 2022 | 2 | 2 | 0 |
| 2023 | 2 | 2 | 0 | |
| 2024 | 2 | 2 | 0 | |
| Total Outlets | 2022 | 472 | 510 | 38 |
| 2023 | 510 | 534 | 24 | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 65–84)
What This Means (2025 FDD)
According to Card My Yard's 2025 Franchise Disclosure Document, the number of company-owned outlets remained consistent from 2022 to 2024. Specifically, at the end of 2024, Card My Yard operated 2 company-owned outlets. This indicates that Card My Yard's growth strategy is primarily focused on franchising rather than expanding through company-operated locations.
For a prospective franchisee, this information suggests that Card My Yard is committed to supporting its franchisees, as the company itself has a limited number of company-owned stores. This may mean that Card My Yard focuses its resources on franchisee training, marketing, and operational support, rather than competing with its own franchisees.
It's important to note that while the number of company-owned stores has remained constant, the number of franchised outlets has increased over the same period. From 2022 to 2024, the number of franchised Card My Yard outlets increased from 470 to 543. This growth in franchised locations further emphasizes the brand's focus on expansion through franchising.