How many Card My Yard franchise outlets were transferred in Idaho during 2024?
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
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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 Idaho during 2024. The FDD provides a table outlining the number of franchise transfers that occurred in each state between 2022 and 2024.
This information is relevant for prospective franchisees as it indicates the rate at which existing Card My Yard businesses are being sold to new owners. A higher number of transfers could suggest a more active market for resales, while a lower number might indicate greater stability in ownership. It is important to note that transfers do not necessarily reflect the profitability or success of the franchise, but rather a change in ownership.
For potential Card My Yard franchisees, understanding the transfer activity in their target state can inform their decision-making process. They may want to investigate the reasons behind any transfers, such as retirement, relocation, or other business opportunities pursued by the previous owners. This information, combined with other due diligence, can provide a more comprehensive picture of the franchise opportunity.