How many Card My Yard franchise outlets were transferred in Florida 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 | |
| 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 | |
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 3 franchise transfers in Florida during 2024. This indicates existing Card My Yard franchisees sold their businesses to new owners.
Franchise transfers can be a normal part of a franchise system's lifecycle as franchisees retire or pursue other opportunities. A prospective franchisee may want to further investigate the reasons behind these transfers to understand the health and stability of Card My Yard franchises in Florida.
Reviewing transfer rates, in addition to openings and closures, provides a more complete picture of franchise activity than just looking at new unit growth. High transfer rates could signal issues with profitability or franchisee satisfaction, while low rates suggest stability.