table_specific

How many Card My Yard franchise outlets were transferred in Florida during 2022?

Card_My_Yard Franchise · 2025 FDD

Answer 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
State Year Number of Transfers
Alabama 2022 1
2023 1
2024 0
Arkansas 2022 0
2023 0
2024 1
Arizona 2022 1
2023 1
2024 0
Californi 2022 8
a
2023 4
2024 0
Colorado 2022 0
2023 2
2024 0
Connetic 2022 1
ut
2023 0
2024 0
Florida 2022 5
2023 3
2024 3
Georgia 2022 1
2023 1
2024 2
Idaho 2022 1
2023 0
2024 1
2022 2
2023 1
2024 2
2022 1
2023 0
2024 0
2022 0
2023 0
2024 1
2022 0
2023 0
2024 0
Louisana 2022 0
2023 0
2024 0
Maryland 2022 2
2023 1
2024 1
Massasch 2022 1
usetts
2023 0
2024 1
Michigan 2022 0
2023 1
2024 2
Minnesot 2022 1
a
2023 2
2024 2
Missouri 2022 2
2023 0
2024 2
Nebraska 2022 0
2023 1
2024 3
New 2022 1
Jersey
2023 0
2024 3
New 2022 1
Mexic
o
2023 0
2024 2
New 2022 1
York
2023 0
2024 0
North 2022 1
Caroli
na
2023 0
2024 5
Ohio 2022 4
2023 0
2024 3
Pennsylv 2022 0
ania
2023 0
2024 1
Tennesse 2022 2
e
2023 1
2024 3
Texas 2022 13
2023 9
2024 9
Utah 2022 1
2023 1
2024 1
Virginia 2022 3
2023 0
2024 5
Washingt 2022 3
on
2023 1
2024 1
Wyomin 2022 1
g
2023 0
2024 1
2022 58
2023 30
2024 55
# **Table No.

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 5 franchise outlet transfers in Florida during 2022. This means that 5 existing Card My Yard franchise locations in Florida were sold by their original franchisees to new owners during that year.

For a prospective franchisee, this indicates the level of resale activity within the Card My Yard system. A higher number of transfers could suggest a more active market for existing franchises, potentially offering an exit strategy for franchisees who may wish to sell their business. However, it could also signal potential issues with franchise profitability or franchisee satisfaction if owners are frequently selling.

It is important to note that the FDD provides data on transfers from 2022 to 2024, allowing prospective franchisees to observe trends over time. Reviewing these trends can provide a more comprehensive understanding of the stability and desirability of Card My Yard franchises in specific states like Florida. Prospective franchisees should investigate the reasons behind these transfers to assess any potential risks or opportunities.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.