How many Card My Yard franchise outlets were transferred in Alabama during 2022?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| Alabama | 2022 | 1 |
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 was one franchise outlet transferred in Alabama during 2022. This information is based on Table No. 2, which details the transfers of outlets from franchisees to new owners, excluding transfers to the franchisor.
This data point is relevant for prospective franchisees as it provides insight into the resale activity within the Card My Yard franchise system. A transfer indicates that an existing franchisee has sold their business to a new owner, which can occur for various reasons such as retirement, relocation, or other personal circumstances. Monitoring the number of transfers can help potential franchisees gauge the stability and desirability of owning a Card My Yard franchise in a specific area.
It's important to note that the FDD provides transfer data for the years 2022, 2023, and 2024, allowing prospective franchisees to observe trends over time. While one transfer in Alabama in 2022 might seem insignificant on its own, comparing this figure to other states and years can offer a more comprehensive understanding of franchise activity and potential opportunities for resale within the Card My Yard system.