How many Card My Yard franchise outlets were transferred in Nebraska 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 |
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 3 franchise transfers in Nebraska during 2024. This information is detailed in Table No. 2, which outlines the transfers of outlets from franchisees to new owners, excluding transfers to Card My Yard itself. The table provides a state-by-state breakdown of these transfers for the years 2022 through 2024.
For a prospective franchisee, this data indicates the level of franchise resales within the Card My Yard system. A higher number of transfers might suggest a more active market for existing franchises, potentially offering an exit strategy for franchisees looking to sell. However, it could also signal issues with franchise performance or franchisee satisfaction, prompting them to transfer ownership.
It's important to note that this table only accounts for transfers to new owners and does not include instances where Card My Yard reacquired the franchise. Reviewing this transfer data in conjunction with other performance metrics, such as terminations and non-renewals, can provide a more comprehensive understanding of franchise stability and turnover within the Card My Yard system. A prospective franchisee should inquire about the reasons behind franchise transfers to assess the health and attractiveness of the Card My Yard franchise opportunity in specific states.