How many Card My Yard franchise outlets were transferred in Louisiana during 2022?
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 |
|---|---|---|
| S |
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 outlet transfers in Louisiana during 2022. This means that no existing Card My Yard franchises in Louisiana were sold to new owners during that year.
For a prospective franchisee, a low number of transfers could indicate franchisee satisfaction and stability within the Card My Yard system. However, it could also mean there's limited opportunity to acquire an existing, potentially profitable location, should one prefer that route over starting a new franchise from scratch.
It is important to note that the number of transfers can be influenced by various factors, including the overall economic climate, the performance of the franchise system, and the individual circumstances of franchisees. A prospective franchisee should inquire about the reasons for any transfers that did occur and carefully evaluate the performance of any franchise they are considering purchasing.