How many Card My Yard franchise outlets were transferred in Connecticut during 2022?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
31st .
Table No. 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| S |
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 transfer of a Card My Yard franchise in Connecticut during 2022. This information is based on data collected as of December 31st of each year.
This means that one existing Card My Yard franchise location in Connecticut was sold by its original franchisee to a new owner during that year. This figure is useful for prospective franchisees to understand the resale market and the potential for exiting the business by selling to another party.
It's important to note that this transfer number reflects only those sales from one franchisee to another, and does not include instances where the franchise was reacquired by Card My Yard itself. Reviewing transfer rates alongside new openings and closures can provide a more complete picture of franchise stability and turnover within a specific state.