How many Card My Yard franchise outlets were transferred in Washington during 2022?
Card_My_Yard Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| Washingt | 2022 | 3 |
| on |
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 outlet transfers in Washington during 2022. This means that 3 existing Card My Yard franchise locations in Washington were sold to new owners during that year.
For a prospective franchisee, this indicates the level of resale activity within the Card My Yard system. A higher number of transfers might suggest a more liquid market for existing franchises, while a lower number could mean franchisees tend to hold onto their businesses for longer periods. It is important to note that transfers do not necessarily indicate the financial health or success of the franchise, but rather a change in ownership.
Reviewing transfer data over multiple years, as provided in the FDD, can provide a more comprehensive understanding of franchise resale trends. A prospective franchisee should also inquire about the reasons for these transfers to better assess the opportunities and risks associated with investing in a Card My Yard franchise in Washington.