How many Card My Yard franchise outlets were opened in Arizona during 2023?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 30 | ||
| 2024 | 55 | ||
| # Table No. 3 Status of Franchised Outlets For years 2022 to 2024 |
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 1 | 2 |
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 zero franchise outlets opened in Arizona during 2023. The table provided in Item 20 of the FDD outlines the number of outlets opened, terminated, and the number at the end of the year for 2022, 2023, and 2024.
Specifically, for Arizona in 2023, the table shows that there were 10 outlets at the start of the year and 10 at the end of the year, with zero outlets opened. This suggests that the Card My Yard franchise system in Arizona remained stable during that period, with no new additions to the franchise network.
A prospective franchisee should consider these figures in the context of overall market growth and demand in Arizona. While no new outlets opened in 2023, it's important to investigate the reasons behind this, such as market saturation or other strategic decisions by Card My Yard. Understanding these factors can help a potential franchisee assess the opportunities and challenges of operating in the Arizona market.