How many Card My Yard franchise outlets were transferred in Arkansas during 2024?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| Alabama | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 0 | |
| Arkansas | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 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 Arkansas during 2024. This information is detailed in Item 20, which covers outlets and franchisee information. The transfer of an outlet indicates a change in ownership from one franchisee to another, excluding transfers back to the franchisor.
For a potential Card My Yard franchisee, understanding the number of transfers can provide insights into the stability and desirability of existing franchise locations. A higher number of transfers might suggest a more active market for resales, while a lower number could indicate franchisee satisfaction and long-term commitment.
It's important to note that the FDD also lists terminations, non-renewals, and re acquisitions by the franchisor, which are separate from transfers. Reviewing these figures alongside transfer data can offer a more comprehensive view of franchise outlet changes within the Card My Yard system. Prospective franchisees should inquire about the reasons behind any transfers to better assess the health and potential of the franchise opportunity in specific locations.