How many Card My Yard franchise outlets were transferred in Kentucky 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
| 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 zero franchise transfers in Kentucky during 2024. The provided table in Item 20 outlines the number of franchise transfers by state and year.
For a prospective franchisee, this information indicates the stability of existing Card My Yard franchises in Kentucky. A low number of transfers could suggest that franchisees are generally satisfied with their businesses and are not looking to sell. However, it could also mean that there is a limited market for buying and selling Card My Yard franchises in that state.
It's important to note that franchise transfers are a normal part of any franchise system as franchisees retire, move on to other ventures, or face unforeseen circumstances. The number of transfers can be influenced by various factors, including the overall health of the franchise system, the local economy, and the individual circumstances of franchisees. A high number of transfers is not necessarily a negative sign, but it warrants further investigation to understand the reasons behind the transfers.
Prospective franchisees should consider this information in conjunction with other data provided in the FDD, such as the number of terminations, non-renewals, and the overall financial performance of Card My Yard franchises, to get a comprehensive understanding of the franchise system's health and stability.