How many Card My Yard franchise outlets were transferred in Missouri 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 were 2 franchise transfers in Missouri during 2024. This means that two existing Card My Yard franchise locations in Missouri were sold to new owners during that year.
For a prospective franchisee, this indicates the potential for resale opportunities within the Card My Yard system. Franchise transfers can be a way for individuals to enter the system by purchasing an already established business, potentially with an existing customer base and revenue stream.
However, it's important to investigate the reasons behind these transfers. A high number of transfers could indicate issues with profitability or franchisee satisfaction. A prospective Card My Yard franchisee should inquire about the performance history and reasons for transfer of any franchise they are considering purchasing.