How many Card My Yard franchise outlets were transferred in Georgia 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 2 franchise transfers in Georgia during 2024. This information is based on the table detailing transfers of outlets from franchisees to new owners. The table specifically tracks the number of transfers for the years 2022, 2023, and 2024, providing a historical view of franchise resales within the Card My Yard system.
For a prospective franchisee, this data indicates the level of activity in the resale market for Card My Yard franchises in Georgia. A higher number of transfers might suggest a more liquid market, while a lower number could indicate franchisees are holding onto their businesses for longer periods. It is important to note that transfers do not necessarily reflect the profitability or success of the franchise, but rather a change in ownership.
It would be prudent for potential franchisees to investigate the reasons behind these transfers. Understanding why previous owners chose to sell can provide valuable insights into the challenges and opportunities associated with operating a Card My Yard franchise in Georgia. This information, combined with conversations with current and former franchisees, can help a prospective franchisee make a more informed decision.