How many Card My Yard franchise agreements were signed in Indiana but the outlet not opened?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
l year end, which ends on December 31st.
Table No. 5 Projected Franchise Openings As Of December 31, 2024 for Calendar Year 2025
| State | Franchise Agreements Signed | Projected New Franchised Outlets | Projected New Company-Owned |
|---|---|---|---|
| But Outlet Not Opened | In |
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, there were no franchise agreements signed in Indiana for which the outlet was not opened. The provided table in Item 20 of the FDD lists the number of franchise agreements signed but the outlet not opened for various states.
Specifically, for Indiana, the table indicates that the number of franchise agreements signed but the outlet not opened is zero. This means that for all franchise agreements signed in Indiana, the corresponding Card My Yard outlet was successfully opened.
This information is useful for prospective franchisees as it provides insight into the success rate of opening Card My Yard franchises after an agreement is signed. A rate of zero suggests a high degree of success in getting new locations operational after the franchise agreement is finalized.