How many Card My Yard franchise outlets were transferred in Arizona during 2023?

According to Card My Yard's 2025 Franchise Disclosure Document, there was one franchise outlet transferred in Arizona during 2023. This information is based on Table No. 2, which details the transfers of outlets from franchisees to new owners, excluding transfers to the franchisor.

Franchise transfers are a normal part of the franchise lifecycle. A transfer occurs when an existing franchisee sells their business to a new owner, subject to the franchisor's approval. Monitoring the number of transfers can provide insight into the health and stability of the franchise system. A high number of transfers could indicate issues with franchisee profitability or satisfaction, while a low number suggests stability.

For a potential Card My Yard franchisee, knowing the transfer history in a specific state can be valuable. It can provide a sense of how often franchisees are selling their businesses and whether there is a demand for existing Card My Yard locations. It is important to note that a single transfer in a year, as seen in Arizona in 2023, may not be statistically significant on its own, but it is a data point to consider along with other performance metrics and conversations with current and former franchisees.

Prospective franchisees should inquire about the reasons for any transfers and the process involved in transferring a Card My Yard franchise. Understanding the criteria for transfer approval and any associated fees is essential for making an informed investment decision. This information, combined with the overall financial performance and growth trends of Card My Yard, will help assess the potential risks and opportunities of owning a franchise.