table_specific

How many Card My Yard franchise agreements were signed in Louisiana but the outlet not opened?

Card_My_Yard Franchise · 2025 FDD

Answer 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 The Next Fiscal Ye

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 Louisiana for outlets that did not open. The provided table indicates that under the column "Franchise Agreements Signed But Outlet Not Opened", the value is 0 for Louisiana. This means that all franchise agreements signed in Louisiana resulted in an operating Card My Yard outlet.

This information is crucial for potential franchisees as it provides insight into the success rate of franchise agreements in specific states. A value of 0 in this category suggests that Card My Yard has a strong track record of converting signed agreements into operational outlets in Louisiana. This could be due to effective franchisee selection, thorough training, or robust support systems that help new franchisees launch their businesses successfully.

However, it is important to consider this data in conjunction with other factors, such as the number of outlets opened and closed over the past few years. While no agreements in Louisiana failed to launch, a prospective franchisee should also examine the overall growth and stability of Card My Yard outlets in the state to get a comprehensive understanding of the market dynamics and potential risks.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.